TECH - UAW To Begin Negotiations On Saturday As Strikes Cause Parts Shortage | Benzinga
The United Auto Workers, or UAW, union announced that it will resume negotiations on Saturday after the simultaneous strikes at General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F), and Chrysler parent Stellantis NV (NYSE:STLA) plants caused parts shortage.
What Happened: The strike, one of the most ambitious U.S. industrial labor actions in decades, has stopped production of the Ford Bronco, Jeep Wrangler, and Chevrolet Colorado, among other models. The effects of this limited shutdown began to spread on Friday.
Ford stated that the interconnectivity of their production system means the strike will impact facilities not directly targeted. As a result, they advised 600 non-striking employees not to report to work on Friday.
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