UAW President Shawn Fain announced on Facebook Live that the union will expand its “Stand Up Strike” against General Motors (GM) and Ford (F) at GM’s Lansing Delta Township Assembly and Ford’s Chicago Assembly, the union confirmed in a press release. “An additional 7,000 UAW members at these two plants will join the strike at Noon Eastern Time. This brings the total number of Big Three strikers to 25,000 members at 43 facilities in 21 states. There was no additional strike action announced at Stellantis, due to considerable progress in bargaining moments before the broadcast,” the union stated.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on GM:
- F, GM Rise, STLA Falls as Strikes Continue and Expand
- GM says ‘still have not received a comprehensive counteroffer from UAW’
- UAW expanding strikes at General Motors and Ford, sparing Stellantis
- UAW’s Fain says Ford, General Motors ‘haven’t made meaningful progress’ in talks
- Genuine Parts added to ‘Tactical Outperform’ list at Evercore ISI