Current：Home > MarketsWith UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -Mastery Money Tools
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
View
Date：2025-04-15 13:51:57
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！ (1693)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Bachelorette's Devin Strader Breaks Silence on Jenn Tran Finale Fallout
- Lindsay Lohan, Olivia Wilde, Suki Waterhouse and More Attend Michael Kors Show at 2024 NYFW
- Florida law enforcers are investigating the state’s abortion ballot initiative. Here’s what to know
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Joe Jonas and Sophie Turner Finalize Divorce One Year After Split
- Dave Grohl Reveals He Fathered Baby Outside of Marriage to Jordyn Blum
- Kentucky attorney general offers prevention plan to combat drug abuse scourge
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- The Bachelor’s Kelsey Anderson Shares Update on Her and Joey Graziadei’s Roommate Situation
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- South Carolina woman wins lottery for second time in 2 years: 'I started dancing'
- Evan Ross Shares Insight Into “Chaos” of Back to School Time With His and Ashlee Simpson’s Kids
- Apple announces new iPhone 16: What to know about the new models, colors and release date
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- 'Don't need luck': NIU mantra sparks Notre Dame upset that even New York Yankees manager noticed
- Hallmark+ hatches 'The Chicken Sisters': How to watch, changes from book
- Flash flood sweeps away hamlet as Vietnam’s storm toll rises to 155 dead
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
The first general election ballots are going in the mail as the presidential contest nears
Florida jurors deliberate about activists accused of helping Russia sow political division, chaos
Taylor Swift's response to presidential debate? She quickly endorsed Kamala Harris.
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
'Happy Gilmore' sequel's cast: Adam Sandler, Bad Bunny, Travis Kelce, more confirmed
What to know about Taylor Swift’s endorsement of Kamala Harris
Who Is Dave Grohl's Wife? Everything to Know About Jordyn Blum