Next round of UAW strikes may impact large truck plants - Barclays
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Ford (F) avoids strike in Canada as UAW prepares to expand movement
September 20, 2023 10:37 AM EDTFord (NYSE: F) secured a last-minute agreement to prevent a strike at its Canadian facilities on Tuesday night, just as the United Auto Workers union was gearing up for the possibility of extending its strikes against the Detroit Three automakers in the United States.
Unifor, the union representing approximately 5,600 Canadian automotive workers, had issued a strike threat for... More
This car stock would benefit from the rising EU-China trade tensions - Bernstein
September 20, 2023 9:49 AM EDTEuropean automotive manufacturers greatly benefited when China opened its economic doors in the 1990s. They established business models that heavily depended on a well-functioning global trade system. However, the situation has now reversed, with Chinese automotive manufacturers actively pursuing entry into the European markets.
Chinese global automotive exports by volume grew by +88% during the first half of 2023, and +121% in value terms. Electric vehicles represented 23% of exports in 2022. Chinese-made... More
