UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks
Publishing timestamp: 2023-09-29 13:00:51
Summary
The United Auto Workers (UAW) announced that an additional wave of strikes will take place, involving about 6,900 autoworkers. The strikes will target Ford's Chicago Assembly and GM's Lansing Delta Township plant. Stellantis was spared from additional strikes due to progress in negotiations. The strikes are part of the UAW's strategy to achieve better contracts by keeping automakers on edge.
Sentiment: MIXED
Tickers: GM, STLA, STLAM-IT, F,
Keywords: business, ford motor co, general motors co, autos, breaking news: business, business news, detroit, labor economy, transportation, stellantis nv,