Ford CEO says UAW proposal could force bankruptcy
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Detroit 3 fall as UAW begins strike
September 15, 2023 8:44 AM EDTThe stock prices of Detroit automakers General Motors (NYSE: GM) and Ford (NYSE: F) have declined in pre-market trading Friday, while Stellantis (NYSE: STLA) has seen a slight increase. This shift in stock prices follows reports of an impending walk-out and strike by the United Auto Workers (UAW) union against the Big Three companies.
Before the September 14th deadline at 11:59 pm ET, negotiations between the UAW and the management teams of Ford, General Motors, and Stellantis failed to reach an agreement on... More
