The Daily cover image

A Breaking Point for the U.S. Auto Industry

The Daily

Threat of Auto Industry Strike: Potential Impact on US Economy

2min Snip

00:00
Play full episode
The US auto industry, the largest manufacturing sector and employer of 150,000 UAW workers, faces a significant threat as the union considers striking all three companies simultaneously. Such a strike, which is highly likely, would cost the industry billions, disrupt suppliers, and potentially halt local economies in Midwestern states. The history of contentious negotiations between the United Auto Workers and the automakers highlights the strained relationship, akin to a troubled marriage. These talks, reaching a critical point, have the potential to shake the economy, reflecting the power the union once had when it could effectively shut down a major portion of the US auto industry in the 1970s.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode