Up to 70% of vehicle suppliers expect some layoffs if the strike continues through October. The most recent survey from MEMA Original Equipment Suppliers reveals the impact on the vehicle supply base from the ongoing strike between the UAW and Detroit’s Big Three manufacturers. The survey, collected from October 9 – 11, 2023, revealed: Layoffs […]
MEMA Survey Reveals Supplier Base Feeling Impact of UAW Strike
Vehicle suppliers indicate growing layoffs and concern for sub-supplier financial viability. Border disruption further exacerbates supply chain issues. MEMA Original Equipment Suppliers surveyed its members on the impact of the UAW strike against the Detroit Three. According to the association, vehicle suppliers employ over 900,000 workers, over six times more than the 146,000 UAW Detroit […]
Boyd Group Says UAW Strike Hasn’t Impacted its Parts Supply to Date But Cautions Long Strike Could Cause Disruptions
Boyd Group Services Inc. (TSE: BYD) yesterday commented on the potential impact of the United Auto Workers (UAW) labor strike. “To date, the Strike has not impacted our ability to source parts required to complete collision repairs; however, should the Strike continue for an extended period of time, it is possible that parts supply from […]
Vehicle Suppliers Association Calls on Biden Administration to Support Industry During UAW Strike
In a recent letter to the Biden Administration, MEMA, the Vehicle Suppliers Association, emphasized the critical role and interdependence of vehicle suppliers in the country’s automotive manufacturing landscape. MEMA also highlighted the impact the ongoing contract discussions between the UAW and the Detroit 3 automakers will have on the supplier community. MEMA is working directly […]
UAW Reported to Expand Strikes to GM and Stellantis Parts Distribution Centers Today
As CollisionWeek was going to press, Reuters reported that United Auto Workers (UAW) President Shawn Fein announced that the union will expand its strike today to include General Motors and Stellantis Parts Distribution Centers (PDCs) across the U.S. The UAW is reported to have made progress in its negotiations with Ford and will not expand […]
Fitch Ratings Says US Vehicle Manufacturers Have Enough Liquidity to Withstand Extended UAW Strikes
While the ratings agency believes both manufacturers and the union want to resolve the strike quickly, the gap between compensation offers and union demands will make that difficult. U.S. vehicle manufacturers (OEMs) have sufficient liquidity for their ratings to withstand an extended strike by members of the United Auto Workers (UAW), according to Fitch Ratings. […]
UAW Strike Targets Production of Detroit Three Popular Vehicles
The United Auto Workers (UAW) and the Detroit Three vehicle manufacturers, Ford, General Motors (GM) and Stellantis, failed to reach agreements on new labor contracts by the midnight deadline last night to avoid a strike. As a result, the UAW began a limited set of walkouts targeting a manufacturing plant at each of the three […]
Next Collision Repair Industry Supply Chain Disruption Could be Less than Month Away as UAW/Detroit Vehicle Manufacturers Contract Deadline Looms
Contract talks are continuing between the United Auto Workers (UAW) and the Detroit, Mich.-based vehicle manufacturers- GM, Ford and Stellantis. The current UAW contract expires in less than one month on Sept. 14 at 11:59 p.m. In a statement, President Biden called on the UAW and vehicle manufacturers to come together to reach an agreement. […]
UAW Members Ratify New Four-Year Agreement with GM Ending Longest Strike in 50 Years
Agreement settles strike that began in Mid-September. UAW also reaches agreement to end Mack Truck strike and will begin bargaining process with Ford. General Motors Co. (NYSE:GM) announced that GM team members have ratified a new four-year labor agreement covering employees at 55 UAW-represented sites across the U.S. ending a strike that began on September […]
Reports Indicate Tentative Deal between Union and GM to Settle Strike Impacting Collision Repair Parts Supply
While union members may soon be back at work at General Motors, the United Auto Workers are striking at Mack Trucks. The UAW and General Motors are reported to have reached a tentative agreement to settle its strike with the vehicle manufacturer that has entered its fifth week. According to the report by CNBC, local […]