The United Auto Workers union (UAW) is voting to authorize a strike against the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — ahead of contract expirations on September 14.
"In the past, we've seen the UAW strategy be to target only one of the big three OEMs in Detroit," Anderson Economic Group Vice President Tyler Theile tells Yahoo, comparing the looming strike to the GM workers' strike of 2019. Theile estimates that 55 days worth of vehicle inventory won't be enough "to [withstand] a very long strike."
Theile considers the impact a potential strike could have on the U.S. economy and the outlook for contract resolutions between union workers and employers.
