Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (2024)

Market Closed - Borsa Italiana

Other stock markets

11:44:59 2024-06-24 am EDT
5-day change 1st Jan Change
19.39 EUR 0.00% Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (1) +2.12% -8.34%
Jun. 24 Car manufacturers benefit from rapprochement in tariff dispute with China DP
Jun. 24 LS Cable Secures Deal with NextStar Energy for Electrical Systems Supply for Canadian EV Battery Plant MT

September 22, 2023 at 01:53 am EDT

Share

Detroit's three automakers and the union representing hourly-paid workers at U.S. companies are in the final hours of being able to reach new union agreements before the current coordinated strike spreads to other plants.

Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (2)

Last week the UW launched unprecedented simultaneous strikes at a General Motors, Ford and Stellantis assembly plant, but analysts predict that any broader strike will include plants that build highly profitable pickups such as Ford's F-150, GM's Silverado and Stellantis' Ram.

About 12,700 workers went on strike at plants in Missouri, Michigan and Ohio, which produce the Ford Bronco, Jeep Wrangler and Chevrolet Colorado, among other popular models. Uaw President Shawn Fain warned that another 146,000 union members working at the three Detroit factories will join them if no new agreements are reached before Friday noon (6 p.m. Italian time).

(Translated by Chiara Scarciglia, editing Stefano Bernabei)

Share

Go to the original article.
Legal disclaimer

Legal disclaimer

Contact us to request a correction

Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (3)

© Reuters - 2023

Stocks mentioned in the article

Add to a list

Add to a list

0 selected

To use this feature you must be a member

Log inSign up

Price

Change

5d. change

Capi.

1,364 PTS-0.10%-0.20%-

GENERAL MOTORS COMPANY

48.11 USD +0.82%+1.50% 54.42B

STELLANTIS N.V.

19.39 EUR 0.00%+2.12% 77.67B

STELLANTIS N.V.

19.37 EUR +1.82%+2.10% 77.67B

FORD MOTOR COMPANY

12.23 USD +3.29%+3.21% 47.27B

Latest news about Stellantis N.V.

Car manufacturers benefit from rapprochement in tariff dispute with China DP
LS Cable Secures Deal with NextStar Energy for Electrical Systems Supply for Canadian EV Battery Plant MT
CAC40: starts the week on the right foot, approaches 7700pts CF
Milan stock exchange starts slightly up thanks to banks rebound RE
E-cars from China: Beijing and Brussels want to negotiate in customs dispute DP
Mib bullish on futures; PMI data awaited AN
Indices close higher; Mondadori good on the mid AN
Stellantis Recalls Over One Million Vehicles in the US Over Rearview Camera Bug MT
Mib rises to 33,600; Azimut tops all AN
Stocks up before BoE; SNB cuts rate AN
Stellantis, EU car sales drop in May AN
EU May New Car Registrations Slip as Most Carmakers Post Declines; EV Sales Fall DJ
Auto Europe, May registrations -2.6 percent, Stellantis -8.7 percent - Acea RE
Industry association: car manufacturers' sales in the EU down in May DP
EU electric car sales drop in May as German demand slumps, industry says RE
STELLANTIS : RBC remains its Buy rating ZD
Global markets live: Vodafone, Bayer, Apple, Microsoft, Qualcomm... Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (9)
Mib up slightly; Danieli at one-year high AN
Mib better in Europe; Stellantis good on Mib. AN
Detroit Three automakers should exit China, leading analyst says RE
Stellantis Recalls More Than 1 Million Vehicles Over Rear-Camera Issues -- Update DJ
Top Midday Stories: Blackstone Makes $1.74 Billion Bid for Infocom; FDIC Expected to Downgrade Citigroup's 'Living Will'; Stellantis Unit to Recall Over 1 Million Vehicles MT
Stellantis’ Chrysler Recalls Over 1 Million Units Due to Rearview Camera Issues MT
Stellantis' Fiat Chrysler Automobiles to Recall Over 1 Million US Vehicles Over Rearview Camera Issue MT
STELLANTIS : Deutsche Bank reiterates its Buy rating ZD

Chart Stellantis N.V.

Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (10)

More charts

Company Profile

Stellantis N.V. is one of the world's leading car manufacturers. The activity is essentially organized around 4 sectors:- sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands;- sale of luxury vehicles: Maserati and DS Automobiles brands;- sale of automotive equipment: interior systems, car seats, car exteriors, emission control systems, etc.;- other: sales financing services (purchase, rental, leasing, etc.), after-sales services, etc.; - other: sales financing services (purchase, rental, leasing, etc.).Net sales are distributed geographically as follows: the Netherlands (0.8%), North America (46.7%), France (9.5%), Brazil (7.3%), Italy (6.2%), Germany (5.5%), the United Kingdom (4.4%), China (0.6%) and other (19%).

Calendar

2024-07-24 - Q2 2024 Earnings Call

Related indices

CAC 40 , Euro STOXX 50 Index , STOXX EUROPE 600 (EUR) , FTSE MIB INDEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

STELLANTIS : CMD key takeaways: Stellantis remains auto best-in-class June 17, 2024 at 04:28 am EDT
Stellantis N.V. : Stellantis: A rolling business April 26, 2024 at 05:29 am EDT
Stellantis CEO Carlos Tavares denies Renault merger rumours February 15, 2024 at 09:50 am EST

More Strategies

Ratings for Stellantis N.V.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (14)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

25

Last Close Price

19.39EUR

Average target price

26.46EUR

Spread / Average Target

+36.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

1st Jan change Capi.

STELLANTIS N.V.

-8.34% 77.67B

BYD COMPANY LIMITED

+10.82% 95.57B

FERRARI N.V.

+24.60% 74.55B

MARUTI SUZUKI INDIA LTD

+18.26% 45.9B

KIA CORPORATION

+28.30% 36.25B

SAIC MOTOR CORPORATION LIMITED

+3.47% 22.19B

CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED

-20.14% 16.72B

FORD OTOMOTIV SANAYI

+46.99% 11.57B

GUANGZHOU AUTOMOBILE GROUP CO., LTD.

-19.01% 9.49B

YUTONG BUS CO.,LTD.

+97.28% 8.1B

  1. Stock Market
  2. Equities
  3. STLAM Stock
  4. News Stellantis N.V.
  5. Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike
Our Free Content Help you Secure and Increase the Performance of Your Investments Securing my Investments

Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (25)

"); InvestingChannelQueue.push(function() { aICTags["oop"] = ic_page.defineOutOfPageTag("4Traders/quotepages","zppOOP"); aICTags["oop"].setKval({"adslot":"d_OOP_1"}); aICTags["oop"].render(); }); while (aAdsQueue.length) { (aAdsQueue.shift())(); } InvestingChannelQueue.push(function() { displayViewableAds('InvestingChannel'); $( window ).scroll(function() { displayViewableAds('InvestingChannel'); }); }); }gaEvent('adspv', 'InvestingChannel', 'US');googletag.cmd.push(function() { googletag.pubads().setTargeting('Edition', 'en_US');googletag.pubads().setTargeting('UserType', 'free');googletag.pubads().setTargeting('Content', 'equities');googletag.pubads().setTargeting('codezb', '117814143');googletag.enableServices();googletag.pubads().collapseEmptyDivs();try{googletag.pubads().getSlots().forEach(function(slot){if(slot.getSlotElementId().startsWith('zpp')){;}else{googletag.pubads().refresh([slot],{changeCorrelator: false});}})}catch(error){console.error(error)}});$(document).ready(function() { $( document).on('zbv_visible',function () {startAdsService();}); if (document[zbv_hidden]===false) { startAdsService(); } });
Auto, Detroit's 'Big Three' close to deadline to avoid broader Uaw strike (2024)

References

Top Articles
Latest Posts
Article information

Author: Lakeisha Bayer VM

Last Updated:

Views: 6662

Rating: 4.9 / 5 (69 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Lakeisha Bayer VM

Birthday: 1997-10-17

Address: Suite 835 34136 Adrian Mountains, Floydton, UT 81036

Phone: +3571527672278

Job: Manufacturing Agent

Hobby: Skimboarding, Photography, Roller skating, Knife making, Paintball, Embroidery, Gunsmithing

Introduction: My name is Lakeisha Bayer VM, I am a brainy, kind, enchanting, healthy, lovely, clean, witty person who loves writing and wants to share my knowledge and understanding with you.