A strike by auto workers looks increasingly likely at the Big Three US automakers, with consumers once again being penalized. Auto123 has more.
Negotiations are continuing - and becoming more venomous - between the unions representing Canadian and American auto workers on the one hand, and representatives of the big three US automakers - Ford, General Motors and Stellantis - on the other.
Experts agree, we're headed for a labour disruption. The UAW's strike fund is $825 million USD, which could see them through about 90 days. However, if the UAW decides to take a more tactical approach and hit only plants that make engines and transmissions, for example, the strike could last much longer.
This momentum could be broken by a strike. And of course, the ball is being tossed back and forth at the bargaining table. “Incentives will disappear very soon after a strike is called, so consumers looking for a deal should buy now. Choices will become limited as automakers will again focus production on the highest-profit vehicles they can make, and the on-hand inventory will likely sell quickly.”
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