UAW strike set to hit deep into the industry's supply base

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he is bracing for it to get worse.

in 20 states owned by GM and Stellantis. The union said it was not expanding its action against Ford, because the parties had made progress in talks.

The supply base for the Detroit Three, as they’re called, reaches deep into the economy, especially in the upper Midwest, and touches everything from chemical and metal producers to electronics.on Tuesday said it would idle its only operating blast furnace at a plant in Illinois due to an anticipated drop in demand from the auto industry during the strike.

"Many of them would find it very difficult to survive that," he said. "Certainly, they would have to lay off workers - it’s just a question of how long they could go without revenue." He estimates 30% of smaller suppliers carry too much debt to survive a long strike.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인