Skip to content
Daily News
Asia Stocks Rally As China Data Buoys Mood; Dollar Stays Strong
Oil Rises To Highest In 2023 On Tight Supply Expectations
Published by: dailynews
Published on:

U.S. Auto Workers Launch First Simultaneous Strike At Detroit Three

Published by: dailynews
Published on:

The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors, Ford and Chrysler parent Stellantis early on Friday, kicking off the most ambitious U.S. industrial labor action in decades.

The walkouts at the “Detroit Three” will halt production of the Ford Bronco, Jeep Wrangler and Chevrolet Colorado pickup truck, along with other popular models. UAW President Shawn Fain said the union will hold off for now on more costly company-wide strikes, but said all options are open if new contracts are not agreed.

Fain laid out plans for the unprecedented, simultaneous walkouts in a Facebook Live address less than two hours before the expiration of the old contract.

Read the full story onĀ Reuters here.