If you're working in the auto industry, you'll be affected by this news because there's a shakeup brewing in the automotive industry as union workers are on strike against GM, Ford, and Stellantis.
According to this report, thousands of United Auto Workers (UAW) are currently on strike against General Motors, Ford, and Stellantis, three of the biggest automakers in the USA.
The UAW launched the strike against the Big Three automakers after the latest contract expired on Thursday.
This is the first time in history that all three automakers have been hit by strikes at once. The UAW said it was executing a so-called stand-up strike strategy in which employees at three Ford, GM, and Stellantis factories walked off the job.
The first three plants that are being hit are GM’s truck and van plant in Wentzville Missouri; Ford’s Ranger pickup and Bronco SUV in Wayne, Michigan; and Stellantis’s Jeep Wrangler and Gladiator plant in Toledo, Ohio. In total, that’s 12,700 workers — 3,600 at GM, 3,300 at Ford, and 5,800 at Stellantis — who will go out on strike at those plants.
The UAW union and companies remain far apart on details on a new labor deal. The union launches its walkout at three plants but says it’s prepared for more. The auto workers union and companies remain far apart on details on a new labor deal.
The strike is expected to cause economic disruption for weeks. According to this report, a work stoppage of 10 days could result in an economic loss of more than $5 billion.
This is a developing news story, and I hope these three automakers and the UAW strikers both reach agreements that are beneficial to both parties and the nation.
Kindly share this news with your family and friends working in the auto industry. Cheers!