CNBC Reporter Posts Stellantis Statement On UAW Strike Expansion: Stellantis Says Is 'Outraged' UAW Has Chosen To Expand Strike
Portfolio Pulse from Benzinga Newsdesk
Stellantis has expressed outrage over the decision by the United Auto Workers (UAW) to expand their strike. The news was reported by a CNBC reporter.
October 23, 2023 | 6:22 pm
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NEGATIVE IMPACT
Stellantis is facing an expanded strike by the UAW, which could potentially disrupt its operations and impact its financial performance.
The expansion of the UAW strike could lead to significant disruptions in Stellantis' operations. This could potentially lead to delays in production and delivery, which would negatively impact the company's revenues and profitability. Therefore, the short-term impact on Stellantis' stock price is likely to be negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100