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Top related persons:
Bill Nash - 1 CNBC's Jim Cramer it's - 1 Nash - 1 Motors — - 1 CarMax - 1 hasn't - 1
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United Autoworkers Union - 1 UAW - 1 Detroit - 1 Ford - 1

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2 mentions found


☆ CarMax CEO says it's 'a little early' to see how the UAW strikes will impact business
  + stars: | 2023-10-10 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
CEO of used-car retailer CarMax , Bill Nash, told CNBC's Jim Cramer it's "a little early" to tell what effect the United Autoworkers Union strike will have on his company's business. "I think as far as the UAW strike [is concerned], it's a little early to tell the impact it's going to have on the business — you know, it really depends on how long it goes, and if there's going to be an expansion," Nash said. The UAW began its strike on three Detroit automakers — Ford Motor , Stellantis and General Motors — last month. CarMax will continue to monitor the strike, Nash said, but added so far it hasn't played into the overall industry. Nash also discussed how inflation and high interest rates are affecting customers looking to buy both newer and older models.
Persons: Bill Nash, CNBC's Jim Cramer it's, Nash, Motors —, CarMax, hasn't Organizations: United Autoworkers Union, UAW, Detroit, Ford
☆ Investor group, unions push Hyundai to address child labor at U.S. suppliers
  + stars: | 2022-10-19 | by ( Mica Rosenberg Kristina Cooke | Mica Rosenberg | Kristina Cooke | ) www.reuters.com   time to read: +3 min
NEW YORK/SAN FRANCISCO, Oct 19 (Reuters) - A group that works with union pension funds is pressing Hyundai Motor Co (005380.KS) to respond to reports of child labor at U.S. parts suppliers, warning of potential reputational damage to the Korean automaker. In addition, the letter cited a recent federal and state investigation into children working at another Hyundai supplier in the state. Reuters first documented child labor practices at Hyundai-owned SMART Alabama LLC earlier this year. "Hyundai will continue to closely review the labor operations of its suppliers to ensure full compliance with all local, state and federal laws," Gabriel said in an email. "I think investors like us need to step out and say, 'the value of the fines is not capturing your risk even remotely.
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