Current：Home > FinanceWith UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -ValueCore
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
View
Date：2025-04-16 11:54:49
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！ (8183)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Dutch contestant Joost Klein kicked out of Eurovision hours before contest final
- Amazon’s self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes
- Minnesota raises new state flag, replaces old flag with one to 'reflect all Minnesotans'
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Mother fatally mauled by pack of dogs in Quitman, Georgia, 3 children taken to hospital
- Are US interest rates high enough to beat inflation? The Fed will take its time to find out
- Missed Friday’s Northern Lights? The global light show, in photos
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Man's best friend: Dog bites man's face, helps woman escape possible assault
Ranking
- The Best Stocking Stuffers Under $25
- Do you know these 30 famous Gemini? Celebrities with birthdays under the zodiac sign
- Sherpa guide Kami Rita scales Mount Everest for 29th time, extending his own record again
- 8 people were killed in a shooting attack at a bar in Ecuador, local police say
- DoorDash steps up driver ID checks after traffic safety complaints
- Vancouver Canucks hang on for NHL playoff Game 3 win vs. Edmonton Oilers
- Flash floods in northern Afghanistan sweep away livelihoods, leaving hundreds dead and missing
- Wary of wars in Gaza and Ukraine, old foes Turkey and Greece test a friendship initiative
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Sleepy far-flung towns in the Philippines will host US forces returning to counter China threats
The AI Journey of WT Finance Institute
Idaho doctor killed after triggering avalanche while backcountry skiing, report says
Sonya Massey's father decries possible release of former deputy charged with her death
Video shows bus plunge off a bridge St. Petersburg, Russia, killing 7
Dutch broadcaster furious, fans bemused after Netherlands’ Joost Klein is booted from Eurovision
Patriots coach Jerod Mayo says rookie QB Drake Maye 'has a lot to work on'