UAW

The United Auto Workers (UAW) strike against all three major U.S. motor companies, Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis (NYSE: STLA), has dominated news headlines the past week. Benzinga visited one of the strike sites last week to talk with the people on the...

Ford Motor Company (NYSE:F) could encounter further labor challenges as the Canadian union Unifor races against the clock to reach an agreement with the automaker before an extended deadline of 11:59 p.m. ET Tuesday. This situation has the potential to impact the production of certain pickup trucks...

The United Auto Workers (UAW) union strikes have entered their fifth day as workers continue to push for higher wages. Stellantis N.V. (NYSE: STLA) COO Mark Stewart says the automakers are doing all they can to reach a deal quickly. What To Know: The UAW is going head to head with...

Former Obama advisor Jason Furman cautioned on Monday that the ongoing strike by the United Auto Workers (UAW) could have a significant impact on the GDP growth rates. What Happened: Furman highlighted that small changes can lead to substantial shifts in annualized GDP growth rates. He pointed out...

In a recent development, former President Donald Trump has decided to address autoworkers in Detroit, opting out of the second Republican primary debate scheduled for Sept. 27. What Happened: According to a report by Politico, Trump’s Detroit visit coincides with the GOP debate in California...

The ongoing UAW strike from the big three Detroit automakers continued to be a big topic of discussion for the markets and auto industry. While no one knows exactly how long the strikes could last, some experts are pointing to Tesla Inc (NASDAQ: TSLA) and its CEO Elon Musk as the winners...

Automaker Stellantis N.V. (NYSE:STLA)’s latest contract proposal to the United Auto Workers union threatens to shutter 18 U.S. facilities. The clash between the company and union leaders hinges on Stellantis’ vision of creating a “modernized” parts and distribution network,...

Goldman Sachs cut its earnings estimates for Tesla Inc (NASDAQ: TSLA) on Monday to reflect lower average selling prices and gross margins. What To Know: Goldman Sachs analyst Mark Delaney remains Neutral on Tesla and maintains a price target of $275 on the stock even...

The U.S. economy is showing no signs of a recession on the horizon and it's too soon to make a call on the potential impacts of the U.S. auto industry strikes, according to Treasury Secretary Janet Yellen.  What To Know: Yellen highlighted recent data Monday morning ...

The United Auto Workers entered its fourth day on strike Monday with no immediate resolution on the horizon. Clocking in at a remarkable 88 years, it’s the first time the UAW has simultaneously squared off against all three of Detroit’s automakers — General Motors Co. (NYSE:GM),...

The United Auto Workers union is on a historic simultaneous strike against Detroit’s big three automakers, and noted economist Mohamed El-Erian commented on a report that showed even ahead of UAW’s walkout, the pace of labor strikes has quickened to a level not seen since 2020. What...

In a recent turn of events, the President of the United Auto Workers (UAW), Shawn Fain, has declared his non-endorsement for President Joe Biden in the upcoming 2024 elections, as reported by The Hill. What Happened: Speaking on CBS’s “Face the Nation”, Fain made it clear that the...

The United Auto Workers has begun a simultaneous strike against Detroit’s Big Three automakers following a lack of agreement between the parties. On Sunday, Tesla, Inc.’s (NASDAQ:TSLA) CEO Elon Musk, whose company is non-unionized, weighed in on a post by Creative Planning’s Chief...

Rep. Alexandria Ocasio-Cortez (D-NY) has criticized Ford Motor Co. (NYSE:F) CEO Jim Farley for significantly increasing chief executive compensation while asserting that the company has not adequately addressed worker concerns amid the ongoing United Auto Workers, or UAW, union strike. What...

Stellantis NV (NYSE:STLA), the automaker already impacted by the United Auto Workers, or UAW, strike at one of its U.S. plants, now faces another labor stoppage at a factory in Italy on Monday. What Happened: Unions have reportedly announced a one-day strike at Stellantis NV’s Melfi plant due...