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The Latest Breaking News from UAW

Down 35%, Is Ford Stock an Undervalued Gem or a Value Trap?

Ford shares just closed at their lowest price since early 2021 amid a continued fall in auto stocks. The stock could be worth the risk at these prices, even as the automotive industry is facing some serious headwinds.

Barchart

US labor movement faces big obstacles despite surge in strikes and union wins

Recent union contract gains against a backdrop of decades of union decline, worsening wealth inequality and broken labor laws

The Guardian - US

Tesla Faces Labor Dispute In Sweden As Union Considers Industrial Action

Swedish workers' union, IF Metall, in standoff with Tesla over collective agreement violation

Zenger

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The UAW says its strike 'won things no one thought possible' from automakers. Here's how it fared

The United Auto Workers union is providing more details about tentative contract agreements with Detroit automakers that include pay raises of 25% over four years and eight months

The Independent UK

UAW reaches tentative agreement with US automaker that could end strike

The union has used an innovative approach to step up pressure on large companies and win substantial wage gains.

Al Jazeera

Autoworkers are the latest to spotlight the power of US labor. What is the state of unions today?

From auto production lines to Hollywood, the power of labor unions is back in the national spotlight

The Independent UK

As Coal Mines Close, Displaced Miners Find Work in Renewable Energy Boom

A battery startup in West Virginia and the mineworkers union may have a blueprint for those left behind in the energy transition.

Capital & Main

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Elon Musk's $41 billion wipeout is coinciding with a revolution in Detroit: Union workers are winning and EVs are losing

UAW’s historic win might pull the brakes on the Big Three’s EV efforts, as Tesla gets a second look from the market.

Fortune

Striking auto workers reach tentative deal with General Motors

General Motors has become the final member of the Big Three to reach a deal with United Auto Workers

The Independent UK

The UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3

Record deals with all three unionized automakers means a historic 6-week strike is ending — for now. The deals still need to be ratified by members, who could choose to go back to the table.

WEKU

Joe Biden hails reported UAW deal with General Motors to end strike

Six-week strike against three largest US carmakers appears to be coming to an end after union brokers agreement

The Guardian - US

General Motors reaches tentative agreement with UAW, potentially ending 6-week strike

The deal follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend.

Chicago Sun-Times

General Motors, the lone holdout among Detroit Three, faces rising pressure and risks from strike

Pressure in rising on General Motors as the lone holdout in a strike targeting all three big Detroit automakers after a tentative contract agreement with Jeep maker Stellantis was reached with the United Auto Workers union over the weekend

The Independent UK

Stellantis To Reopen Belvidere Factory To Build New Midsize Truck [UPDATE]

It might not be the Ram Rampage.

Motor1

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The Independent UK

Some striking UAW members carry family legacies, Black middle-class future along with picket signs

Britney Johnson is among the thousands of Ford Motor Co. workers who went on strike to force the automaker to improve pay for all

The Independent UK

UAW escalates strike against lone holdout GM after landing tentative pacts with Stellantis and Ford

The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis

The Conversation

United Auto Workers union hails strike-ending deals with automakers that would raise top assembly-plant hourly pay to more than $40 as 'record contracts'

The United Auto Workers union agreed on a tentative new contract with General Motors on Oct. 30, 2023, days after landing similar deals with Ford Motor Co. on Oct. 25 and Stellantis, the global automaker that makes Chrysler, Dodge and Ram vehicles in North America, on Oct. 28. The pending…

WEKU

UAW reaches tentative deal with Chrysler parent Stellantis to end 6-week strike

The tentative deal — which needs to be approved by members — comes less than a week after the union struck a similar deal with Ford. Meanwhile, the union is expanding its strike against GM.

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The Independent UK

UAW reaches tentative contract deal with Jeep maker Stellantis, reports say

Jeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers union that follows a template set earlier this week by Ford, two people with knowledge of the negotiations said Saturday

The Independent UK

AP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by Ford

The Guardian - US

UAW and Stellantis close to tentative agreement in Illinois

Negotiators will outline terms to local union officials on Saturday, including reopening automaker’s Belvidere plant, sources say

WEKU

Why workers are resorting to more strikes this year to pressure companies

This has been a watershed year. So far in 2023, there have been 22 major strikes: 17 at companies, making it the largest number of strikes in the private sector since 2011.

Barchart

S&P 500 Closes Lower Despite Positive Tech News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday fell by -0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell by -1.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose by +0.50%. Tech stocks saw support Friday from positive earnings news...

InsideEVs

Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3

Despite a 44 percent increase in EV deliveries, Ford's EV losses continued to rise in the Q3, with the company posting an operating loss of $1.3 billion.

Capital & Main

Lessons From the Bust That Followed Bill Clinton’s Economic Boom

Historian Nelson Lichtenstein’s new book details the price we have paid for free trade, deregulation and failed health care reform.

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