UAW President Shawn Fain On Negotiations With Detroit Three, Says Tomorrow, We Expect To Be At Bargaining Table; Says All Three Companies Have Received A "Comprehensive Counteroffer" From Our Union, And We Await Their Response
Portfolio Pulse from Benzinga Newsdesk
UAW President Shawn Fain announced that the union has sent a comprehensive counteroffer to the Detroit Three (Ford, General Motors, and Stellantis) and is awaiting their response. Negotiations are expected to continue tomorrow.
September 15, 2023 | 6:29 pm
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NEUTRAL IMPACT
Ford has received a comprehensive counteroffer from UAW and is expected to respond. This could impact labor relations and production.
The counteroffer from UAW could lead to changes in labor conditions and potentially affect Ford's production. The impact on the stock price will depend on the nature of the response and the outcome of the negotiations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
General Motors has received a comprehensive counteroffer from UAW and is expected to respond. This could impact labor relations and production.
The counteroffer from UAW could lead to changes in labor conditions and potentially affect GM's production. The impact on the stock price will depend on the nature of the response and the outcome of the negotiations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Stellantis has received a comprehensive counteroffer from UAW and is expected to respond. This could impact labor relations and production.
The counteroffer from UAW could lead to changes in labor conditions and potentially affect Stellantis's production. The impact on the stock price will depend on the nature of the response and the outcome of the negotiations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100