New Jersey car dealership owner Tom Maoli says the UAW strike could disrupt the auto supply chain causing a ripple effect throughout the U.S. economy on Cavuto: Coast to Coast.
The United Auto Workers' simultaneous but limited strike against Ford, General Motors and Stellantis could heat up on Friday, when the union plans to announce its next moves in the absence of new contract agreements with Detroit's Big Three.
UAW President Shawn Fain will deliver an update to members via a Facebook live message at 10:00 a.m. ET. He hasthreatened to expand the strike beyond the single assembly plants at each company at noon unless serious progress has been made in the negotiations.
United Automobile Workers (UAW) President Shawn Fain speaks as UAW members and their supporters gather for Solidarity Sunday at the UAW Region 1 office in Warren, Michigan, on Aug. 20, 2023. Fain is set to give an update Friday morning on the union's (JEFF KOWALSKY/AFP via Getty Images / Getty Images)
There are a number of scenarios that could play out. One is that the union reaches a tentative agreement with each automaker, the strike ends and everyone goes back to work.
In the instance that the two sides have become close enough to a deal for the UAW's satisfaction, the union could extend its deadline and continue talks with the automakers while keeping the strike limited in its present state.
LAYOFFS, WORK STOPPAGES MOUNT IN UAW STRIKE AGAINST BIG THREE
UAW leaders are running what the union calls a «stand up strike,» in which specific locals are asked to go on strike at their facilities. The union has said that strategy will give it flexibility in escalating the strike incrementally up to a potential nationwide strike if negotiations do not deliver
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