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The UAW Strikes Signal The Automotive Sector Is In For A Profound Change

This week began with UAW workers at Volvo Group (OTC: VLVLY)-owned Mack Trucks also going on strike, joining the UAW’s targeted strike against the Detroit Three automakers. Since walking out on September 15th, the strike against General Motors (NYSE: GM), Ford (NYSE: F) and Chrysler parent Stellantis N.V. (NYSE: STLA) gathered 25,000 employees which make about 17% of UAW members, covered by expired contracts with the Detroit automakers. Yet last week ended with UAW deciding not to expand strikes ....

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