Current：Home > StocksWith UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -Blueprint Money Mastery
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
SafeX Pro Exchange View
Date：2025-04-07 01:50:51
The outcome of the UAW negotiations with the Detroit automakers could likely mean higher new car prices, especially for electric vehicles, and a cost structure that could hurt the automakers in the long run, Wall Street analysts say.
As the union's Sept. 14 contract deadline nears, a possible strike looms larger. A strike is "a potential nightmare situation for GM and Ford" since both are in the early stages of a transition to an all-EV future that can't be derailed, Dan Ives managing director and senior equity analyst at WedBush Securities, wrote in a research note Wednesday.
veryGood！ (5437)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- The 39 Best Things You Can Buy With That Amazon Gift Card You Got for Christmas
- Colts choose strange time, weak opponent to go soft in blowout loss to Falcons
- Atomic watchdog report says Iran is increasing production of highly enriched uranium
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Editor's picks: Stories we loved that you might have missed
- Morocoin Trading Exchange: What is Inscription in 2023? Why is it Popular?
- Mississippi man pleads guilty to bank robbery in his hometown
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Lose a limb or risk death? Growing numbers among Gaza’s thousands of war-wounded face hard decisions
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- Is the stock market open on Christmas? See 2023, 2024 holiday schedule
- Liverpool star Mohamed Salah ‘shares pain’ of grieving families at Christmas amid Israel-Hamas war
- Holiday hopes, changing traditions — People share what means the most this holiday season and for 2024
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Toyota small car maker Daihatsu shuts down Japan factories during probe of bogus safety tests
- King Charles III talks 'increasingly tragic conflict around the world' in Christmas message
- Fact checking 'Boys in the Boat': How much of George Clooney's crew drama is true?
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Nothing to fear with kitchen gear: 'America's Test Kitchen' guide to tools, gadgets
Live updates | Palestinian refugee camps shelled in central Gaza as Israel seeks to expand offensive
'Jane Roe' is anonymous no more. The very public fight against abortion bans in 2023
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Bridgerton's New Look at Season 3 Is the Object of All Your Desires
Where is Santa? How to watch his Christmas Eve journey live on NORAD, Google
U.S.-Israeli hostage was killed in Hamas attack, kibbutz community says