TECH - UAW Strike: Auto Workers Walk Out On GM Ford And Stellantis | Benzinga
The United Auto Workers (UAW) have commenced strikes at plants of three major Detroit carmakers, initiating a potentially lengthy and expensive standoff regarding wages and job security, Bloomberg reported
Workers began staging walkouts on Friday at a Ford Motor Co. (NYSE:F) Michigan plant manufacturing the Bronco SUV, a General Motors Co. (NYSE:GM) factory in Missouri producing the Chevy Colorado mid-sized pickup, and a Stellantis NV (NYSE:STLA) plant in Toledo, Ohio, where the Jeep Wrangler is made. Despite weeks of negotiations, the union and car manufacturers remain significantly distant.
UAW President Shawn Fain added that this approach ...