Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.
While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.
Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.
Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.
The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.
In the past year, industries such as construction, transportation, and mining have had staggering levels of quitting. Why are people quitting these industries?
Logistics supply chains and passenger mobility services, are increasingly looking at how they can become more resilient to change, such as the impacts resulting from the current pandemic.
Biden’s clean energy goals could mean new government incentives for American manufacturers. But Biden’s policy goal of strengthening unions could clash with Tesla's non-union U.S. manufacturing plants.
The six-week strike at General Motors impacted the delivery of certain components to Navistar’s Springfield, Ohio truck assembly plant, causing the company to suspend the delivery of 5,000 vehicles.
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