Current：Home > MyWith UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -Elevate Capital Network
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
View
Date：2025-04-14 01:33:49
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！ (588)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Saving democracy is central to Biden’s campaign messaging. Will it resonate with swing state voters?
- When does The Equalizer Season 4 start? Cast, premiere date, how to watch and more
- Albuquerque Police Department Chief crashes into vehicle while avoiding gunfire
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Psst! Lululemon’s Align Leggings Are $39 Right Now, Plus More Under $40 Finds You Don’t Want to Miss
- 7 killed in 24 hours of gun violence in Birmingham, Alabama, one victim is mayor's cousin
- You Won't Believe These Celebrity Look-Alikes Aren't Actually Related
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Lionel Messi, Inter Miami tickets: Here are the Top 10 highest-selling MLS games in 2024
Ranking
- RFK Jr. grilled again about moving to California while listing New York address on ballot petition
- Thousands of fans 'Taylor-gate' outside of Melbourne stadium
- Former NBA big man Scot Pollard receives heart transplant, wife says
- 4 men dead following drive-by shooting in Alabama, police say
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Customs and Border Protection's top doctor tried to order fentanyl lollipops for helicopter trip to U.N., whistleblowers say
- NASA's Mars mission means crews are needed to simulate life on the Red Planet: How to apply
- Tiger Woods withdraws from Genesis Invitational in second round because of illness
Recommendation
Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
Rachel Brosnahan, Danai Gurira, Hoda and Jenna rock front row at Sergio Hudson NYFW show
What does it mean to claim the US is a Christian nation, and what does the Constitution say?
A Guide to Teen Mom Alum Kailyn Lowry's Sprawling Family Tree
Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles
Buying Nvidia stock today? Here are 3 things you need to know.
You Won't Be Able to Get These Photos of Lenny Kravitz Off Your Mind
13 men, including an American, arrested at Canada hotel and charged with luring minors for sexual abuse