Current：Home > ScamsWith UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -CapitalSource
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
View
Date：2025-04-19 14:50:07
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！ (954)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Amazon's Big Spring Sale Deals on Amazon Devices: Fire Sticks for $29, Fire Tablets for $64 & More
- Woman’s body found in rubble of Utah house explosion
- Jeopardy!'s Mike Richards Speaks Out More Than 2 Years After Being Fired From Hosting Gig
- The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
- Washington Gov. Inslee signs fentanyl bill sending money to disproportionately affected tribes
- Mega Millions jackpot soars to nearly $1 billion. Here’s what to know
- 'Selling Sunset' alum Christine Quinn's husband arrested, faces felony charge
- Trump wants to turn the clock on daylight saving time
- As Texas border arrests law teeters in court, other GOP states also push tougher immigration policy
Ranking
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- Biden administration to invest $8.5 billion in Intel's computer chip plants in four states
- Texas immigration law blocked again, just hours after Supreme Court allowed state to arrest migrants
- 'Jeopardy' crowns winner of 2024 Tournament of Champions: What to know about Yogesh Raut
- The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
- Shop Amazon’s Big Spring Sale for Festival-Ready Fashion for Coachella, Stagecoach & More
- Alabama debuts new system to notify crime victims of parole dates, prison releases
- Who is Brian Peck? Ex-Nickelodeon coach convicted of lewd acts with minor back in spotlight
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
A police officer was accused of spying for China. The charges were dropped, but the NYPD fired him
Fate of Texas immigration law SB4 allowing for deportation now in 5th Circuit court's hands
Washington Gov. Inslee signs fentanyl bill sending money to disproportionately affected tribes
$73.5M beach replenishment project starts in January at Jersey Shore
California wants to pay doctors more money to see Medicaid patients
Proposed limit on Georgia film tax credit could become meaningless if studios are protected
'Jeopardy' crowns winner of 2024 Tournament of Champions: What to know about Yogesh Raut