UAW Latest: Strikes May Expand If No 'Serious Progress' by Friday

The transcript discusses the ongoing labor strike involving the Big Three automakers—Stellantis, Ford, and GM—and the United Auto Workers Union. The strike could expand if negotiations do not progress, potentially affecting 150,000 workers. The situation is part of a broader trend of labor disputes in the U.S. and has international implications, particularly in Canada. Key issues include wages, pensions, and the transition to electric vehicles. The economic impact is significant, with labor costs and profitability under scrutiny. Global competitiveness is a central concern for automakers worldwide.

How does the labor cost per hour for the Big Three compare to that of Tesla, and what would happen if the union's demands were met?

What are the implications of the EV transition for labor costs and competitiveness among automakers?