UAW Announce Preparations For Strike Authorization Votes To Be Held Next Week By 150,000 UAW Members At Ford, General Motors And Stellantis; To Vote On Whether To Authorize Strike In Preparation For Sept 14th Deadline For Contract Negotiations
Portfolio Pulse from Happy Mohamed
The United Auto Workers (UAW) union is preparing for strike authorization votes to be held next week by 150,000 UAW members at Ford (F), General Motors (GM), and Stellantis (STLA). The vote is in preparation for the September 14th deadline for contract negotiations.
August 15, 2023 | 3:36 pm
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NEGATIVE IMPACT
Ford could face potential labor disruptions if UAW members vote in favor of a strike.
A strike could disrupt Ford's operations, potentially affecting production and revenues. The uncertainty could also negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
General Motors could face potential labor disruptions if UAW members vote in favor of a strike.
A strike could disrupt GM's operations, potentially affecting production and revenues. The uncertainty could also negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Stellantis could face potential labor disruptions if UAW members vote in favor of a strike.
A strike could disrupt Stellantis's operations, potentially affecting production and revenues. The uncertainty could also negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100