UAW Strike Update - Impact New and Used Car Prices? More Strikes!

#uaw Update - Will The Strike Impact New and Used Car Prices?
Who will benefit? Lauren Fix Explains

More plants striking on noon on Friday. Which plants?
No one is sure but there is some clues of possible strike targets might be found in locations where UAW locals have announced they will hold rallies and practice picketing in the coming days. Those include a Ford plant in Louisville, Kentucky, a GM plant in Bedford, Indiana, and a GM truck plant in Arlington, Texas.

The layoffs that GM and Stellantis announced Wednesday will be in Kansas, Ohio and Indiana.

GM said that the UAW strike at its assembly plant near St. Louis caused it to idle a plant in Kansas with about 2,000 workers because “there is no work available” — the plant depends on parts stamped in the St. Louis-area facility. GM said it does not expect to restart the Kansas plant until the strike ends.

Stellantis, which makes Jeep, Chrysler and Dodge vehicles, said it expects to lay off more than 300 workers in Ohio and Indiana because “storage constraints” caused by the UAW strike at its assembly plant in Toledo, Ohio.

190 UAW members walked off the job at ZF, a Mercedes supplier in Alabama, over wages, a lower scale for new workers, and health care benefits. The workers are covered under a different contract than those that UAW.

There is more to come for sure - stay tuned!

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