"Potential UAW Strike Threatens Billions in Economic Losses"

A potential strike by the United Auto Workers (UAW) against Detroit's Big Three automakers - General Motors, Ford Motor, and Stellantis - could result in an economic loss of over $5 billion after just 10 days, according to a report by Anderson Economic Group. The estimate takes into account potential losses to UAW workers, the manufacturers, and the broader auto industry if tentative agreements are not reached before the current contracts expire. The last UAW strike in 2019 cost GM approximately $3.6 billion in earnings, but this time all three automakers are vulnerable as the new union leadership has not promised to limit their efforts to one company.