The economic toll of the United Auto Workers strike against Ford, General Motors and Stellantis continues to grow as the union's month-long strike continues.
The United Auto Workers' month-long strike against Detroit's Big Three automakers continues to take a growing toll on the industry and beyond, and fresh data shows its cost to the U.S. economy is approaching nearly $8 billion. The latest numbers from Michigan economic consulting firm Anderson Economic Group released Monday show the union's strike – now in its fifth week – against Ford, General Motors and Stellantis cost the economy $7.7 billion through the fourth full week.
We’ve entered the danger zone for many suppliers, and more than one production line," Patrick Anderson, AEG principal and CEO, said in a statement. "Without a settlement soon, a plausible restart with higher costs will likely lead to some permanent losses of production, and suppliers that will need financial assistance to return to operation." "We’re already seeing retail sales, airline travel and income tax collections dropping in the state of Michigan.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ford cuts 306 jobs at Sharonville plant amid United Auto Workers strikeSean DeLancey came to KTNV from West Virginia in April of 2019 after five years of reporting in West Virginia, Kentucky, and Ohio.
Lire la suite »
The UAW Wins Fight for Just TransitionWhat the United Auto Workers won from the manufacturers and why it matters so much.
Lire la suite »
Repair, Refurbishment, and ModificationComponents can be refurbished as a cost effective alternative to the cost of new equipment.
Lire la suite »
Ford chairman calls for deal to end UAW strike, warns entire US auto industry at stakeFord Executive Chair Bill Ford called on the United Auto Workers to make a deal to end the union's strike, saying the work stoppage could cripple the entire U.S. auto industry.
Lire la suite »
Ford executive urges autoworkers to end strike, says company's future is at stakeFord Executive Chair Bill Ford delivered remarks Monday on the 'future of American manufacturing' amid the historic United Auto Workers strike.
Lire la suite »