Strike likely to start tonight in the auto industry | Car News

  • 📰 auto123
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The labour standoff between US automakers and the UAW union is ramping up into a dispute, with strike action set to begin tonight. Auto123 has more.

The threat of a strike in the automotive industry is real, and it could be triggered as early as this evening in the U.S.. The labour contract between workers of the UAW union and the three major American automakers expires today.

Another option on the table would be to attack where it hurts, i.e. by ceasing assembly of the most profitable models like pick-up trucks and large SUVs.Coordinated strikes could have an impact on US economic growth, depending on their duration. Declining inventories on the new vehicle market could push up used vehicle prices again.

Demands also include the restoration of defined-benefit pensions for all workers, a 32-hour week and additional cost-of-living increases, as well as job guarantees and an end to the use of temporary workers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 566. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UAW strike countdown: Union president says targeted strike possible at all Big Three companiesUAW President Shawn Fain says that UAW may strike 'all of the Big Three at once,' and union prepares for 'standup strikes' if no deal is reached. '
Source: MarketWatch - 🏆 3. / 97 Read more »