UAW Strike

United Auto Workers (UAW) President Shawn Fain is gearing up to organize more nonunion automaker factories on the heels of a major victory at a Volkswagen (OTC:VWAGY) plant in Tennessee. What Happened: Fain told multiple media outlets on Monday and over the weekend that the UAW’s $40-million...

The United Auto Workers (UAW) threatened to strike at a Ford Motor Company (NYSE:F) plant in Kentucky if union demands aren't resolved within the next seven days. What Happened: The Detroit union on Friday confirmed that nearly 9,000 UAW autoworkers at Ford's Kentucky Truck Plant — the company...

Despite the hit made by the six weeks-long UAW strike, Stellantis N.V. (NYSE: STLA) reported otherwise strong earnings for the full year. But the global auto giant reported a profit drop during the second half of 2023 due to halted production. Stellantis Still Delivered Record 2023...

Automotive giant Ford Motor Co (NYSE:F) was one of the Big 3 auto companies targeted with strikes by the UAW union in 2023. The impact of the strikes continues to sort itself out for Ford's financials and future operations. Here's what CEO Jim Farley had to say. What Happened: The UAW strike will...

The resumption of work by the United Auto Workers is predicted to cause a surge in November payrolls, counteracting the recent deceleration in U.S. job growth. What Happened: The governmental data is likely to indicate a boost in payrolls by 180,000, climbing from a 150,000 progression in October,...

Earlier today, General Motors (NYSE: GM) delivered some much-needed good news. Although its new labor contracts in North America will be raising costs with consequences of the bitter UAW strike being greater than expected, GM expects to fully offset these hits. GM’s Updates The new labor...

A strike by UAW union workers against three leading automotive companies could have a lasting impact on the future revenue and profitability of the companies involved. One of the three companies targeted with strikes has announced a move that could be an early cost-cutting measure. What Happened:...

In a move to stay competitive and maintain its skilled workforce, Hyundai Motor (OTC:HYMTF) has announced a significant wage increase for its production teams in Alabama and Georgia. What Happened: The South Korean automaker declared the new wage structure on Sunday, which will...

Investor interest in traditional automakers as a less-expensive alternative to electric vehicle (EV) stocks might be misguided, warns Morgan Stanley‘s Adam Jonas. According to a CNBC report, auto giants like Ford Motor Co. (NYSE:F) and General Motors Co. (NYSE:...

Stellantis (NYSE:STLA) has reportedly fared better financially than General Motors (NYSE:GM) and Ford (NYSE:F) during the recent United Auto Workers (UAW) strikes. According to a report from Teslarati, the UAW strikes have had a less significant impact on Stellantis’s bottom line...

Soon after reaching a tentative agreement with Chrysler parent Stellantis NV (NYSE:STLA) on Saturday, the United Auto Workers Union (UAW) announced that its members from General Motors Co‘s (NYSE:GM) Spring Hill Manufacturing in Tennessee have joined the ongoing strike for better pay and...

A recent tentative agreement between Ford Motor Co. (NYSE:F) and the United Automobile Workers (U.A.W.) has sparked discussions on its potential impact on the automaker’s future, particularly its electric vehicle (EV) plans. The financial implications of the deal could be...

Automotive company Ford Motor Company (NYSE: F) reported third-quarter financial results after the market close Thursday. The results come just a day after the automaker reached a tentative agreement with the United Auto Workers union. Here are the key highlights. What Happened: Ford reported...

United Auto Workers (UAW) President Shawn Fain said on Wednesday that the union has reached a tentative agreement with Detroit-based automaker Ford Motor Co (NYSE:F). If ratified, the agreement would mark an end to the strike that is well into its 6th week now at Ford. What Happened: In a Facebook...

The United Auto Workers (UAW) union went on strike after a deal was not reached by a Sept. 15 deadline. As the strike continues, here's a look at how Americans feel about it. What Happened: A new poll from Morning Consult, conducted from Oct. 18 to Oct. 20, asked if the UAW is asking for too much...