Historic Strike Hits Big Three Automakers
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 15 September 2023
⏱️ 14 minutes
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| 0:00.0 | When you can't quite get the angle, take hands-free selfies with the Samsung Galaxy Z Flip 5, |
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| 0:10.8 | The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone. |
| 0:20.1 | The big three automakers are hit with strikes as labor talks collapse. |
| 0:25.4 | These Detroit companies are half of the auto industry in the US, so the longer this goes on, |
| 0:31.2 | the deeper it goes, the more plants are involved. The economic impact starts to take its toll. |
| 0:35.6 | Plus, foreign diplomats ponder the fate of China's missing defense chief. |
| 0:41.1 | An Instacart looks to capitalize on arms blockbuster IPO. It's Friday, September 15th. |
| 0:48.4 | I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News. |
| 0:53.9 | The top headlines and business stories moving your world today. |
| 1:03.2 | We begin in Detroit, where the United Auto Workers Union has gone on strike at all three major |
| 1:09.6 | car companies. 12,700 workers hit the picket line shortly after midnight when UAW officials |
| 1:17.1 | failed to clinch new labor deals with General Motors, Ford, and Jeep Maker Stellantis. |
| 1:23.2 | General auto reporter Mike Collias is in Michigan this morning. He joins me now with the very |
| 1:28.4 | latest workers at this point have now walked out from three factories in Detroit, Toledo, and Kansas |
| 1:35.1 | City. What do we know so far about this strike? Yeah, it's an unusual strike. The union's calling |
| 1:39.6 | it unprecedented, and so strikes across all three companies, GM, Ford, and Stellantis. |
| 1:45.3 | But it's only one plant each. They're relatively big plants. They're not the most crucial plants |
| 1:50.7 | for any of the companies. The Stellantis one with Jeep is pretty big, because that's their top |
| 1:54.8 | seller in the US. Basically, what the union's strategy is here is we're going to start with these |
| 1:59.8 | three plants. 12,13,000 workers, which is a lot, but four years ago, the big GM strike was over |
| 2:05.6 | 40,000 workers. But what the union is banking on is, okay, listen, if talks aren't proceeding, |
... |
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