UAW strike impact on stocks and industry, plus why more plants could be built in Mexico and Canada
The United Auto Workers (UAW) strike enters into its third week of picketing against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). While union representatives are seein...
GM, Ford lay off 500 more workers, blaming strike
General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday.
Ford, GM Furlough 500 More Factory Workers Because of UAW Strike
General Motors (GM) and Ford (F), two of the three car makers targeted by the United Auto Workers strike, furloughed another 500 workers on Monday.
Stocks to watch: HP stock pops; Ford stock down; Warner Music Group stock climbs: October 3, 2023
Bank of America analysts issued a double upgrade on HP Inc. (HPQ) shares, promoting the stock to "Buy." Ford (F) temporarily lays off 330 additional workers amid the ongoing UAW strike.
UAW strike: More Ford, GM workers furloughed
About 500 Ford Motor Co. and General Motors Co. autoworkers have been laid off as a knock-off effect of the United Auto Workers strike, which entered its third week.
2023 Layoff Tracker: Ford And GM Lay Off 500 Employees Amid UAW Strike
Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
Ford, GM Lay Off 500 More Staff Amid UAW Strikes
The United Auto Workers union said it had submitted an offer to GM, but the car maker didn't agree to it.
Ford, GM, Stellantis face US$10 billion hit from Biden fuel proposals
Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) could collectively be hit with fines worth well over US$10 billion under proposals on fuel econ...
Ford laying off 300 workers in Chicago due to 'impact of UAW strike'
CNBC's Phil LeBeau joins 'Fast Money' with breaking news on new layoffs out of Ford.
GM lays off 160 autoworkers in Indiana and Ohio as UAW strike continues
General Motors Company (NYSE:GM) said Monday that it is furloughing another 160 workers in connection with the United Auto Workers strike. 18 days into the strike, GM announced 130 cuts at its Par...
How a Prolonged UAW Strike Could Impact the Economy
If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker c...
Regulators expand investigation into 700K Ford trucks, SUVs over engine issues
U.S. safety regulators are widening a probe into certain Ford and Lincoln truck and SUV models built with a faulty valve that can lead to catastrophic engine failures.
US expands probe of 709,000 Ford SUVs, trucks over engine failures
Regulators said that under normal driving conditions the engines can lose power due to catastrophic engine failure related to allegedly faulty valves.
UAW strike against Ford, GM, Stellantis cost US economy nearly $4B so far
The United Auto Workers' strike against Detroit's Big Three automakers is in its third week, and has so far cost $3.95 billion in losses to the U.S. economy.
US expands, upgrades probe into 708,000 Ford SUVs over engine failures
The National Highway Traffic Safety Administration said on Monday it is upgrading and expanding its investigation into 708,000 Ford Motor sport utility vehicles over catastrophic engine failures ti...
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