GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week
Publishing timestamp: 2023-10-22 07:00:01
Summary
General Motors and Ford Motor are reporting their third-quarter earnings and future guidance amidst ongoing strikes and contract negotiations with the United Auto Workers union. The article discusses the potential impact on the union's argument and stock prices depending on the automakers' performance and guidance. It also highlights the costs of the strikes and the potential effects on electric vehicle plans and long-term competitiveness.
Sentiment: MIXED
Tickers: TSLA, F, GM, STLAM-IT,
Keywords: strikes, breaking news: business, autos, mary barra, earnings, labor unions, stellantis nv, personnel, labor economy, ford motor co, general motors co, business, business news, united auto workers, transportation, tesla inc,
Source: https://www.cnbc.com/2023/10/22/gm-and-ford-report-q3-earnings-as-wall-street-and-uaw-watch.html