Current：Home > MarketsWith UAW strike looming, contract negotiations may lead to costlier EVs. Here's why -Wealth Nexus Pro
With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
View
Date：2025-04-17 23:31:52
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！ (26)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- ATTN: Target’s New Pet Collab Has Matching Stanley Cups and Accessories for You and Your Furry Friend
- Federal officials have increased staff in recent months at NY jail where Sean ‘Diddy’ Combs is held
- Week 3 NFL fantasy tight end rankings: Top TE streamers, starts
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- GM recalls 450,000 pickups, SUVs including Escalades: See if your vehicle is on list
- The Fate of Pretty Little Liars Reboot Revealed After 2 Seasons
- Estranged husband arrested in death of his wife 31 years ago in Vermont
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- ‘The West Wing’ cast visits the White House for a 25th anniversary party
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Dan Evans, former Republican governor of Washington and US senator, dies at 98
- US stops hazardous waste shipments to Michigan from Ohio after court decision
- Mississippi mayor says a Confederate monument is staying in storage during a lawsuit
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- How to recognize the signs and prevent abuse in youth sports
- Charlize Theron's Daughters Jackson and August Look So Tall in New Family Photo
- Nikki Glaser Trolls Aaron Rodgers Over Family Feud and More at New York Jets Game
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
GM recalls 450,000 pickups, SUVs including Escalades: See if your vehicle is on list
Gunfire outside a high school football game injures one and prompts a stadium evacuation
Illinois upends No. 22 Nebraska in OT to stay unbeaten
2025 'Doomsday Clock': This is how close we are to self
Woman who left tiny puppies to die in plastic tote on Georgia road sentenced to prison
Gilmore Girls Star Kelly Bishop Shares Touching Memories of On-Screen Husband Ed Herrmann
Norway’s Plan for Seabed Mining Threatens Arctic Marine Life, Greenpeace Says