And they are losing millions on EV’s!

Unions
 

Unions are great, spent 37 years in a union myself. 17.00 an hour for auto workers is not enough, while ceos are making millions

Not sure I agree with judgmental comments, but the process and outcome will be interesting to watch.

Here are the biggest price drops by model from the beginning of the year.

What evil government ban are you talking about?

Some folks just don't get sarcasm....

See post #133

The hourly wage is dependent on seniority. Your wage after 37 years was not 17 an hour, and that did not include the cost of your benefit package.
Biden has given the auto industry 12 billion to convert to EV production, that’s a lot of cash. The UAW wants some of that money plain and simple. The more money the more dues. A portion of the money the government gives to the auto makers, the union wants and then a portion of that goes back to a political party, 99% of the time the Democrat party in the form of contributions from the union.

Do you have a chart for 2020 to 2022?

Bravo

One point everyone seems to be missing.
 

The real behind the scene drama here is not the UAW vs the big 3, it's the UAW leader vs the UPS labor leader. The new UPS contract gave their workers a 40% increase. To stay relevant to the labor movement the UAW leader has to get that or more or he will be viewed as weak and ineffective.

Thier demands are ridiculous. The union wants a 46% raise and a 32hr work week at 40hr pay. So that's a 55% hourly wage increase and 20% less productivity. CRAZY.

First, I don’t understand how the topic that was concentrated on the UAW strike evolved into EVs and climate change. CEOs represent business and let’s be honest their ideal goal is to create a produced without people entirely. No work force, no expense, no expense, more profits. The problem with this scenario, is one company gets rid of their work force it will be followed by another, until one day they wake up and realized everyone is unemployed and there are no shoppers for their produces.

Look there has been many posting that the unions are demanding too much and don’t deserve it and because of their demands their jobs will be shipped offshore. Let make it perfectly clear if the union members agreed to take a 40% cut in their salaries and a company believes they can save a buck they will still move offshore or innovate them out of a job. Business operates on profits people are just an annoyance.
The people these companies should really be interested in is the stockholders and if I had stock in one of these companies, I would demand a 40% cut in CEOs salaries and make them get rid of these golden parachutes.

It is interesting to me that some on here seems to think uneducated equate to lack of intelligence. Some of the smartest people ive ever known were formally uneducated. Also, those that do the "work" in this country should be paid fairly. I am not privy to the details of this negotiation but I do believe blue collar workers are the back bone of this country

Mindless Union dolts ? Can you explain your disdain for fellow Americans ? 🇺🇸

Nobody would buy stock in these companies as long-term investments. May have some value as short-term speculative trades. Ford stock peaked in 1997 and (old) GM went to zero in 2009. These new contracts will make them even less competitive with the rest of the world. Even now the Chicoms can make EV's 40% cheaper. The legacy US auto companies will need large tariffs and government subsidies in order to survive.