UAW Strike Could Be Coming: Who Gets The Most Blame From US Adults — Ford, GM, Stellantis, The Union Or Joe Biden?
Portfolio Pulse from Chris Katje
The United Auto Workers (UAW) union is threatening to strike if a deal is not reached by September 15. The union is seeking new contracts with an aggressive pay increase and a shortened work week. General Motors Co (GM), Ford Motor Co (F) and Stellantis NV (STLA) are the three automakers involved. A strike could impact the U.S. gross domestic product and severely affect the state of Michigan. A survey showed that U.S. adults support the strike with a 2-to-1 margin and blame the automakers more than the union or President Biden for the potential strike.
September 13, 2023 | 5:36 pm
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NEGATIVE IMPACT
Ford could face a strike from the UAW union, which could disrupt production and potentially impact the company's stock price.
A strike could disrupt Ford's production, leading to potential revenue losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
General Motors could face a strike from the UAW union, which could disrupt production and potentially impact the company's stock price.
A strike could disrupt GM's production, leading to potential revenue losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Stellantis could face a strike from the UAW union, which could disrupt production and potentially impact the company's stock price.
A strike could disrupt Stellantis's production, leading to potential revenue losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100