Tuesday, October 17, 2023

UAW Update -- October 17, 2023

Locator: 45805UAW.

Picking up where we left off.

October 17, 2023:

  • auto suppliers asking for federal assistance to weather the UAW strike
  • sound familiar?


So, how did that work out for Ford?
Link here.

October 17, 2023: UAW claims another casualty -- GM will delay all-electric production at Michigan plant until late-2025. Which makes it early 2026. Which gets close to three years from now. Link here. Links for the following not provided.

  • UAW cuts pay demand from 40% to 36% increase
  • and here we go again, auto suppliers asking for federal assistance to weather UAW strike.
  • day 32: one economic firm estimates the strike has cost industry $7.7 billion.
  • thhese three trucks are now in short supply: the Ford Ranger (mid-size; smaller than the F-150); the Chevrolet Colorado (mid-size); and, the GMC Canyon (mid-size).

A reminder: look at the market caps of largest automakers, global, below.

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From Earlier

Re-posting:  

October 16, 2023: Bill Ford gets it, but is it too late? The fact that Bill Ford is now weighing in on this strike in the public forum speaks volumes. Link here.

October 16, 2023: UAW going for the jugular and now it's getting personal:


They say it's not over
until the "fat lady" sings. It certainly sounds like the "fat lady" has sung.

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