UAW Members Continue Strike Against GM, Ford, Stellantis

The transcript discusses ongoing labor negotiations between major automakers and the union, highlighting the wide gap in raise offers. Analysts predict the strikes could last until the end of October. Risks for both sides include potential setbacks for union organizing efforts and increased labor costs for automakers. President Biden has shown support for the union, emphasizing the political significance of the situation. The transition to electric vehicles is a major factor, with automakers investing heavily in this area while negotiating labor contracts.

What percentage raise is the union asking for?

What are the potential risks for the union if they do not succeed in the negotiations?

How has President Biden responded to the ongoing labor dispute?

What is the significance of Michigan in the context of this labor dispute?

What steps is the union planning to take if the negotiations do not yield favorable results?