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The Daily

A Breaking Point for the U.S. Auto Industry

Sep 12, 2023
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30:28
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Neal Boudette, an auto industry correspondent for The New York Times, discusses the possibility of a historic strike by 150,000 U.S. autoworkers against the Big Three car makers. He explores the significance of the industry, the history of the union and automakers, and the impact of foreign competition. The chapter also highlights workers' demands for higher wages, potential outcomes of a strike, and the implications for organized labor.
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Quick takeaways

  • A potential strike by 150,000 US auto workers against the Big Three car makers looms large, which could result in billions of dollars in losses and disrupt local economies in Midwestern states.
  • The rise of foreign competition and decline in market share led to a shift in the auto industry, with compromises on labor terms and the introduction of the jobs bank in an attempt to save costs.

Deep dives

The Potential Strike: A Historic Moment of Labor Activism in the US

As labor activism intensifies in the United States, a potential strike by 150,000 US auto workers against the Big Three car makers looms large. This labor conflict could have a significant impact as the auto industry is the largest manufacturing sector, employing 150,000 UAW workers. The union's threat to strike simultaneously at Ford, GM, and Stellantis (parent company of Chrysler) is unprecedented and could result in billions of dollars in losses for the automakers and disrupt local economies in Midwestern states.

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