News Formal

Ford, GM stocks lower ahead of labor-contract expiration

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Shares of Ford Motor Co. and General Motors Co. traded lower midday Thursday with just hours to go on their autoworkers’ current contract. United Auto...

Shares of Ford Motor Co. F, -1.19% and General Motors Co. GM, -0.92% traded lower midday Thursday with just hours to go on their autoworkers’ current contract.

United Auto Workers President Shawn Fain said yesterday automakers and union representatives remain far apart in negotiations, and the union would not extend the contract’s 11:59 p.m. expiration on Thursday. The UAW was keeping its options “open,” Fain told the membership late Wednesday, prepared to strike at all three companies, including Stellantis NV STLA, -1.05%, or move to targeted labor actions involving specific plants.

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:

 /  🏆 3. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Ford's and Tesla's stocks gain, American Airlines, Netflix and Nio shares fall, and other stocks on the moveShares of Ford, Tesla, American Airlines and Netflix were active Wednesday.
Source: MarketWatch - 🏆 3. / 97 Read more »

Ford stock boosted by UBS upgrade, Nio shares drop on probe, and other stocks on the moveFord, General Motors, Apple and Rocket Pharmaceuticals are active.
Source: MarketWatch - 🏆 3. / 97 Read more »