Article

2023-09-15 Economy

Auto Workers Strike - all three major USA companies but not every plant

Auto workers launched a historic series of strikes Friday morning against Ford, General Motors and Stellantis, making good on a threat to walk off the job if the "Big 3" failed to meet their demands.

Never before has the United Auto Workers union carried out a simultaneous work stoppage at all three automakers. But rather than strike every plant involved in the labor dispute, the union called on workers to walk out at only certain facilities when their contracts expired at midnight.

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style=background-color:YELLOW;>in other news, WTI crude now over $90/bar again

Posted by lord garth 2023-09-15 04:39|| || Front Page|| [11131 views ] Top

#1 I suspect the dealers have enough inventory for our impending Great Recession II.

Posted by Procopius2k 2023-09-15 12:14|| 2023-09-15 12:14|| Front Page Top

#2 Producer Price Index for August just released by BLS-- very bad 0.8% month to month, almost all of this increase is goods, little is services

Posted by lord garth 2023-09-15 12:38|| 2023-09-15 12:38|| Front Page Top

#3 the dealers have enough inventory

Certainly electrics

Posted by Skidmark 2023-09-15 13:16|| 2023-09-15 13:16|| Front Page Top

#4 Workers at Detroit's big three auto firms - General Motors, Ford and Stellantis - all go on strike for first time in history as 13,000 UAW union members walk-off job to demand better pay and benefits

Posted by Skidmark 2023-09-15 14:01|| 2023-09-15 14:01|| Front Page Top

#5 Have not bought an American car in 30 years, and even then, the car was assembled in Mexico.

Posted by Regular joe 2023-09-15 14:50|| 2023-09-15 14:50|| Front Page Top

#6 On average, U.S. autoworkers on assembly lines earn something like $28 to $33+ p/hr depending of skills and seniority.

CCost Dictates Prices.
Example given: The new Ford truck MSRP prices are:
King Ranch $73,425
Platinum $73,425
Raptor $77,980

Basically the UAW wants more $$$$$$$ for a worker screwing on nuts and etc... Which the UAW leaders will likely work out a private deal to line a few pockets. While some minor added worker $.00 is added. The leadership will get a pay raise.

LSD's who step in to oversee the negotiations will be rewarded with more union collected retirement dues for they campaigns or pockets.

NOW ADD
The LSD's openly stated conflicting environmental tree-hugging agenda to eliminate Fossil Fuel powered vehicles by 2030?

Sorry,Detroit .
I'll be buying a totaled wreck with side door area damage with <50K miles for $4 to $6k at a Auto Auction for the Motor & Trans and other parts that I may need and strip it.

Posted by NN2N1 2023-09-15 14:55|| 2023-09-15 14:55|| Front Page Top

#7 Elon Musk in the money as United Auto Workers strike with Tesla stock RISING on Friday as rivals drop

Posted by Skidmark 2023-09-15 17:07|| 2023-09-15 17:07|| Front Page Top

#8 The big three do not want to share their taxpayer electric car retooling subsidies and tax breaks.

Posted by Airandee 2023-09-15 18:59|| 2023-09-15 18:59|| Front Page Top

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