Impending UAW Strike Threatens Detroit Automakers

The United Auto Workers (UAW) union is considering implementing targeted strikes at specific plants against General Motors, Ford Motor, and Stellantis if tentative contracts are not reached by the Thursday deadline. UAW President Shawn Fain is expected to outline the strike strategy during a Facebook Live event. Conducting targeted strikes can be complex and may have implications for non-striking union members. The union's strike fund could be drained quickly due to healthcare costs. Ford CEO Jim Farley remains optimistic about reaching an agreement with the UAW.