The old big 3 need the profits to fund EV's, UAW says nope! Tesla and the Chicom EV companies laugh their ass off. The non-UAW companies will roll up even bigger market shares.
Used car prices will get even dumber if the strike takes out a big enough chunk of old big 3 production.
Mustang, Challenger and Charger prices?
The UAW has said that “record profits mean record contract” and workers’ demands include a 46% wage increase spread out as a 20% increase upon ratification and four additional increases, the elimination of wage tiers, and a 32-hour work week.
Around half of the vehicles on U.S. roads today are not built by unionized U.S. workers, either as imports or made in the U.S. in plants that are not unionized, Katz said. The percentage of unionized workers at independent auto-parts makers has dwindled in recent years to an estimated 5% of that workforce, he said.
Used car prices will get even dumber if the strike takes out a big enough chunk of old big 3 production.
Mustang, Challenger and Charger prices?
The UAW has said that “record profits mean record contract” and workers’ demands include a 46% wage increase spread out as a 20% increase upon ratification and four additional increases, the elimination of wage tiers, and a 32-hour work week.
Around half of the vehicles on U.S. roads today are not built by unionized U.S. workers, either as imports or made in the U.S. in plants that are not unionized, Katz said. The percentage of unionized workers at independent auto-parts makers has dwindled in recent years to an estimated 5% of that workforce, he said.
MSN
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