It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action.

Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kintanio with David Faber, Sarah Eisen,

and post-9 of the New York Stock Exchange. Kramer has the morning off. Future's relatively steady,

even as the UAW initiates this unprecedented strike at select factories, yields a bit higher as China data comes in hot for once.

Oil 915, that's another year-to-date high. Triple which today should drive some volume.

A roadmap begins with a strike, though. Thousands of UAW workers hit the picket lines. The first walkout to hit the big three all at once.

Plus, arm shares are, well,

it's still looking good ahead of the open, looking to extend those gains from yesterday. It was the

biggest IPO of the year and quite a significant day. And rally pause. Stock index futures

little changed after the best day for equities of the month. Let's begin, though, with the UAW striking against Detroit's Big Three simultaneously for the first time in that union's history.

Our Phil LeBeau is in Wayne, Michigan, after talking to GM's Mary Barra, and joins us with more.

Hey, Phil.

Hey, Carl, we are outside of the Michigan Assembly Plan.

It is the Ford plant where they build the Ranger pickup truck as well as the Bronco SUV, a very popular model.

Here's what this strike is doing in terms of its impact, not just at Ford, but also at GM and Stalantis.

Total number of workers, around approximately 12,700, just under 13,000 UAW members who are now on strike

at the Ford plant here in Wayne, the Stalantis plant, that's the Jeep plant in Toledo, Ohio,

and the GM plant just outside of St. Louis in Wentzville, Missouri. All together, those plants

represent about 15% of the Detroit 3's U.S. production.

Let me say that again, 15% of the Detroit 3's U.S. production.

Here are some of the strikers talking about the offers that have been made of a 20% pay hike

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