UAW Strike Ripples Through Auto Industry, Impacting Ford and Used-Car Market

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Source: CNN
UAW Strike Ripples Through Auto Industry, Impacting Ford and Used-Car Market
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TL;DR Summary

The United Auto Workers (UAW) union has expanded its strike against Ford by ordering workers at the Kentucky Truck Plant, the company's largest plant, to walk off the job. The UAW president stated that it's time for a fair contract at Ford and the rest of the Big Three automakers. The strike's expansion came after a brief negotiation session where the union rejected Ford's offer, which was the same as the one made weeks earlier. The UAW has been on strike against Ford, General Motors, and Stellantis since September 15. The Kentucky Truck Plant produces vehicles that generate $25 billion in annual revenue for Ford.

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