UAW President Said We May Strike All The Big Three At Once; Will Not Strike All Facilities At Once; Will Announce On Thursday 10 PM Plants That Will Go On Strike At No Deal Reached
Portfolio Pulse from Charles Gross
The UAW President has announced the possibility of a strike against all the Big Three automakers (Ford, General Motors, and Stellantis) simultaneously if no deal is reached. The specific plants that will go on strike will be announced on Thursday at 10 PM.
September 13, 2023 | 9:43 pm
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NEGATIVE IMPACT
Ford could face a strike if no deal is reached with the UAW, potentially disrupting production.
A strike would disrupt Ford's production, potentially leading to delays and financial 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 if no deal is reached with the UAW, potentially disrupting production.
A strike would disrupt GM's production, potentially leading to delays and financial 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 if no deal is reached with the UAW, potentially disrupting production.
A strike would disrupt Stellantis's production, potentially leading to delays and financial losses. This could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100