Uaw President Says " Days Of UAW And Ford Being A Team To Fight Other Companies Are Over"; "We Are Going To Organize Non Union Auto Co's Like Never Before"
Portfolio Pulse from Benzinga Newsdesk
The UAW President has announced that the days of UAW and Ford working together to fight other companies are over. He also stated that they are going to organize non-union auto companies like never before.
October 20, 2023 | 8:28 pm
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NEGATIVE IMPACT
Ford's relationship with UAW is changing, which could lead to labor disputes and potential disruptions in production.
The end of the partnership between Ford and UAW could lead to labor disputes, which may disrupt production and negatively impact Ford's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
General Motors, as a major auto company, could be affected by UAW's aggressive organization of non-union auto companies.
UAW's aggressive organization of non-union auto companies could lead to labor disputes at General Motors, potentially disrupting production and negatively impacting GM's stock price in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Stellantis, as a major auto company, could be affected by UAW's aggressive organization of non-union auto companies.
UAW's aggressive organization of non-union auto companies could lead to labor disputes at Stellantis, potentially disrupting production and negatively impacting STLA's stock price in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50