Will UAW Strike?

   / Will UAW Strike? #1,121  
Will Ford stock move today? If so, which way will it go?

Probably go up briefly today, and then decline back down by the close on Friday……

I’m waiting for a reentry point myself, but I don’t think this is really it unless you’re day trading.
 
   / Will UAW Strike? #1,122  
This new UAW deal will cost Ford a lot:
Gains in the deal are valued at more than 4x the gains from the 2019 contract.
More in base wage increases than Ford workers have received in past 22 years.
Starting wage rises by 68% to over $28/hour.
Top wage will rise by 33% to over $40/hour.
A 25% rise in base wage through April 2028.
The lowest-paid workers at Ford will see a raise of more than 150% over the life of the agreement, with some workers receiving an immediate 85% increase immediately upon ratification.
It also includes a historic right to strike over plant closures, a first for the union.

The bottom line is...Ford will have some of the highest labor costs of any manufacturing business in the country. Ford has to move out of Michigan if they want to survive.
 
   / Will UAW Strike? #1,124  
Between
Show us on the doll where Tesla hurt you. :unsure:
between your endless rants and the powerstroke guy in some other thread, its endless old man yells and clouds and jerks off. God forbid someone mentions financing something
 
   / Will UAW Strike? #1,125  
Between

between your endless rants and the powerstroke guy in some other thread, its endless old man yells and clouds and jerks off. God forbid someone mentions financing something
I've got a F250 6.7L and a Tesla.
Wut? Financing? U losing money fella. ;)
 
   / Will UAW Strike? #1,128  
   / Will UAW Strike? #1,129  
This new UAW deal will cost Ford a lot:
.....
It also includes a historic right to strike over plant closures, a first for the union.

The bottom line is...Ford will have some of the highest labor costs of any manufacturing business in the country. Ford has to move out of Michigan if they want to survive.
I was surprised that they conceded the plant closure right to strike.
 

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