As the deadline approaches for Detroit's Big Three automakers to reach new contract agreements with the United Auto Workers or face a strike, dealerships prepare for impact.
Economist Kevin Hassett provides insight on electric vehicles, climate policy and the auto industry on 'Kudlow.'and Stellantis to reach new contract agreements with the United Auto Workers or face a potential strike, auto dealerships are bracing themselves for the impacts of what will happen if the productions lines stop rolling.
Ford, General Motors and Stellantis dealerships are bracing for inventory shortages amid threats of a potential strike by the United Auto Workers union.dealerships learned a lot from the supply shortages that occurred during the pandemic. His group has been working to shore up both vehicle and parts inventories in case manufacturers shut down, which the UAW says will happen to any automaker that does not have a contract in place by the deadline of 11:59 p.m. Thursday.
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The 4 key reasons why the UAW could strike GM, Ford and Stellantis this weekTime is running short to avoid a strike at America’s three unionized automakers, and the distance between the United Auto Workers union and the companies remains large.
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Apple event, Arm Holdings IPO, UAW deadline, 9/11 anniversary top week aheadEarnings and economic data will begin on the 22nd anniversary of 9/11, with the largest IPO of 2023 expected midweek and UAW deadline for Ford, GM and Stellantis this week.
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UAW president says auto strike would hurt mostly ‘billionaire class’The UAW’s contracts with the nation’s three unionized automakers — General Motors, Ford and Stellantis — all expire at 11:59 pm Thursday.
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