The chapter discusses the CEOs' frustration with the ongoing strike by auto workers and their disappointment with the union president's criticism. It also explores the market's reaction to the strike and its potential impact on consumers and dealers.
On Friday, US auto workers started an unprecedented strike against all three of the legacy Detroit carmakers. If the standoff isn’t resolved quickly, it could ripple through the US economy.
Bloomberg’s Detroit Bureau Chief David Welch joins this episode to talk about what the union is demanding–and whether the companies will give them what they want.