Automotive
22 September 2023, 3:31 pm 1 minute
Reuters was first to report that the United Auto Workers (UAW) was set to announce it had made real progress with Ford in the labor talks the auto workers union is having with the Detroit Three automakers. The news, which signaled a key turning point in the negotiations of the most-closely watched US strike in years, lifted Ford’s shares more than 4% after the market opened. GM shares also rose. Reuters reported it ahead of the UAW press conference in which it updated talks.
Market Impact
The news, which signaled a key turning point in the negotiations of the most-closely watched US strike in years, lifted Ford’s shares more than 4% after the market opened. GM shares also rose.
Article Tags
Topics of Interest: Automotive
Type: Reuters Best
Sectors: Government & Public ServicesTransport & Logistics
Regions: Americas
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story