UAW President Shawn Fain wants to expand the union’s battle from the Detroit automakers to Tesla, Toyota and other non-unionized automakers in the U.S.
Fain plans to use record contracts recently won with General Motors, Ford Motor and Chrysler-parent Stellantis to assist in the union’s embattled organizing efforts elsewhere.
The UAW has previously failed in organizing foreign-based automakers in the U.S., most recently...

Fox Factory's CEO voiced concerns about ongoing inventory issues and stressed that UAW strikes have hurt sales. Analysts remain skeptical about the Marucci Sports acquisition, yet Dennison sees potential synergies in metallurgy.

Concerning scenario for industry growth due to ongoing strikes, with auto manufacturing negatively impacted and potential job loss in entertainment. Suggests challenge for these sectors in near term.

Despite Ford's new labor contract avoiding potential disputes, a 32% drop in its stock since July's labor issues may affect investor sentiment. Expected rise in labor costs due to this contract could impact Ford's financial performance and stock price.

Marick Masters, a business professor at Wayne State University, sees the high approval rating from the workers as a positive sign for the union. He views this outcome as a broader sentiment within the UAW towards the contract.

S&P upgraded Ford despite weaker earnings and uncertain UAW deal due to favourable EBITDA forecast. Strong cash balance and liquidity provide competitive advantage in end markets.

General Motors and the United Auto Workers union have come to a tentative agreement, the union and company announced Monday afternoon, just two days after the union expanded the strike at America’s largest automaker.
“Like the agreements with Ford and Stellantis, the GM agreement has turned record profits into a record contract,” said a statement from the union.
Union members will get hefty double-digit pay raises that are said to cost GM nearly $7B over...

Some analysts do not foresee consumers readily absorbing all the price increases. Increased competition and rising auto loan rates may apply pressure on the companies to keep prices affordable, which could impact the automakers' profits.

The end of the strike offers respite to automakers, though rising labor costs in new agreements may present a substantial future load. These costs, especially compared to non-unionized U.S. factories like Tesla, are markedly higher, potentially impacting competitiveness.

The tentative agreement between GM and the union marks progress towards ending the strike. GM's stock reflected a mild increase after the announcement. The ratification of the new agreements will symbolize the close of a contentious 2023 labor season for the Detroit Three.