If autoworkers strike, business up and down the supply chain will be ...

If autoworkers strike, business up and down the supply chain will be ...

The Detroit Three automakers, GM, Ford, and Stellantis, are facing a contract dispute with workers and a strike deadline is approaching. If a strike occurs, it could result in significant losses for the automakers and disrupt the entire supply chain, particularly impacting smaller suppliers. The strike in 2019 cost GM approximately $1 billion, and this time the transition to electric vehicles further complicates the situation as there are fewer parts and less need for workers. The potential strike could have far-reaching consequences for the industry.

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Frequently Asked Questions

Q: What is the current status of the United Auto Workers (UAW) strike against General Motors?

A: The UAW strike against General Motors continues as of October 11, 2019, and there is pressure on GM to make a deal. Source: Orbital Insight

Q: How does the UAW strike impact General Motors' stock?

A: General Motors' stock has plummeted due to the ongoing UAW strike. Source: Orbital Insight

Q: Is the supply chain affected by the autoworkers strike?

A: Yes, if autoworkers go on strike, it can have an impact on the supply chain, particularly for parts makers and businesses in the automotive industry. Source: Reuters

Q: What is UC's position on the UAW strike?

A: UC's position on the UAW strike is not mentioned in the available search results.

Please note that these answers are based on the limited information available in the search results, and it's always recommended to consult reliable sources or official statements for the most up-to-date and accurate information.