UAW again threatens to expand strikes at Detroit automakers if progress isn't made by Friday
Publishing timestamp: 2023-09-27 16:52:18
Summary
The United Auto Workers union will announce expanded strikes at General Motors, Ford Motor, and Stellantis plants if significant progress is not made in negotiations by a specified deadline. The strikes currently involve about 18,300 workers, and the union plans to increase work stoppages based on the progress of negotiations. The union is demanding wage increases, retention of healthcare benefits, and other improvements. The strike plans come despite record contract offers from the automakers.
Sentiment: NEUTRAL
Tickers: STLA, F, STLAM-IT, GM,
Keywords: ford motor co, detroit, stellantis nv, business, labor economy, personnel, transportation, autos, breaking news: business, business news, general motors co,
Source: https://www.cnbc.com/2023/09/27/uaw-threatens-to-expand-strikes-again-at-gm-ford-stellantis.html