UAW President Fain Says We're Still Bargaining Hard With Both Of GM And Stellantis; We Remain In A Very Very Strong Position
Portfolio Pulse from Benzinga Newsdesk
UAW President Fain has stated that the union is still in strong bargaining positions with both General Motors (GM) and Stellantis (STLA).
October 13, 2023 | 2:43 pm
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NEGATIVE IMPACT
UAW's strong bargaining position could lead to increased labor costs for GM.
The strong bargaining position of UAW could potentially lead to increased labor costs for GM, which could negatively impact their short-term profitability.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
UAW's strong bargaining position could lead to increased labor costs for Stellantis.
The strong bargaining position of UAW could potentially lead to increased labor costs for Stellantis, which could negatively impact their short-term profitability.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50