(Reuters) - A union representing workers at General Motors, Ford Motor and Jeep-maker Stellantis has threatened strikes if a contract deal is not ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - A union representing workers at General Motors, Ford Motor and Jeep-maker Stellantis has threatened strikes if a contract deal is not reached before the current ones expire on Sept. 14 at midnight.
Prior to 1976, strikes were frequently used as a bargaining tool at Detroit Three. UAW workers went on a strike at GM for 113 days in 1945, according to data compiled by Kristin Dzizcek, an adviser to the Chicago Federal Reserve.A survey of 99 investors by Morgan Stanley found that 82% were expecting a strike, while 58% believed that a stoppage was"extremely likely.
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