Autoworkers put down their toolsThousands of autoworkers walked off the job on Friday morning at three Midwest plants in an unprecedented strike, as the United Automobile Workers and Detroit’s three big carmakers remained miles apart on contract talks.
A lengthy strike could dent the Big Three’s profits, analysts say, at a time when the companies are investing heavily in electric vehicles to catch up to Tesla and Chinese rivals.
Mary Barra, G.M.’s chief, warned that meeting all or most of the union’s demands could hobble the company’s prospects.
“Make no mistake: If we don’t continue to invest, we will lose ground, and it will happen fast,” she said.
“Nobody wins in a strike.”
Persons:
Autoworkers, autoworkers, Biden, Ford, Mary Barra, ’, “, ”
Organizations:
United Automobile Workers, General Motors, Dodge, Chrysler
Locations:
Stellantis, Amsterdam, G.M