Current：Home > NewsIndexbit Exchange:With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -TradeWisdom
Indexbit Exchange:With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
Algosensey View
Date：2025-04-10 11:22:02
The Indexbit Exchangeoutcome 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！ (159)
Related
- Grammy nominee Teddy Swims on love, growth and embracing change
- John F. Kennedy Jr., Kick Kennedy and More: A Guide to the Massive Kennedy Family
- Everything Our Staff Loved This Month: Shop Our August Favorites
- One Tree Hill Sequel Series in the Works 12 Years After Finale
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Ancient mosaic of Hercules nets man prison term for illegal import from Syria
- Jewish students at Columbia faced hostile environment during pro-Palestinian protests, report finds
- Donald Trump moves to halt hush money proceedings, sentencing after asking federal court to step in
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Look: Olympic medalist Simone Biles throws out first pitch at Houston Astros MLB game
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Canadian rail union says it has filed lawsuits challenging back-to-work orders
- Look: Olympic medalist Simone Biles throws out first pitch at Houston Astros MLB game
- Memphis City Council sues to reinstate gun control measures on November ballot
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Are banks, post offices, UPS and FedEx open on Labor Day? Here's what to know
- A Georgia Democrat seeks to unseat an indicted Trump elector who says he only did what he was told
- USA TODAY Sports' 2024 NFL predictions: Who makes playoffs, wins Super Bowl 59, MVP and more?
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Federal Reserve’s favored inflation gauge shows price pressures easing as rate cuts near
Everything to Know About Dancing With the Stars Pro Artem Chigvintsev’s Domestic Violence Arrest
Measures to legalize medical marijuana in Nebraska can appear on November ballot, official says
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Takeaways from AP report on perils of heatstroke for runners in a warming world
Matthew Gaudreau's Wife Madeline Pregnant With Their First Baby Amid His Death
Watch Travis Kelce annoy Christian McCaffrey in new Lowe's ad ahead of NFL season