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 […]
UAW Members Authorize Strike Against Detroit Vehicle Manufacturers if Contract Negotiations Fail
United Auto Workers (UAW) President Shawn Fain announced today that the union’s strike authorization vote passed with near universal approval from the 150,000 union workers at Ford, General Motors and Stellantis. Final votes are still being tabulated, but the current combined average across the Big Three was 97% in favor of strike authorization. The vote […]
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. […]