Ford, GM, Stellantis Stocks Languish Amid UAW Strike — And Data Shows One Automaker's Woes Will Linger
Portfolio Pulse from Shanthi Rexaline
The United Auto Workers union has struck a tentative deal with Ford Motor Co., potentially ending a strike that started in mid-September and impacted production at Ford, General Motors Corp., and Stellantis N.V. The strike has negatively affected the stocks of these companies, with Ford and GM seeing a downward trajectory, while Stellantis has traded in a broad range. The strike came at a difficult time for the automakers, who were already dealing with a challenging economy, higher input costs, and a transition to electric vehicle manufacturing.

October 26, 2023 | 9:33 am
News sentiment analysis
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NEGATIVE IMPACT
GM's stock has been negatively impacted by the UAW strike.
The ongoing UAW strike has negatively impacted GM's stock. The end of the strike could potentially lead to a recovery in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Stellantis' stock has traded in a broad range despite the UAW strike.
Despite the ongoing UAW strike, Stellantis' stock has traded in a broad range, showing resilience in the face of labor issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ford's stock has been negatively impacted by the UAW strike, but a tentative deal may lift this overhang.
The strike has negatively impacted Ford's stock, but the tentative deal with the UAW could potentially lift this overhang and lead to a recovery in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100