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WSJ What’s News

United Auto Workers Union Expands Strike at GM and Stellantis

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 22 September 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

P.M. Edition for Sept. 22. UAW workers walked out at GM and Stellantis parts-distribution centers across 20 states, but the union spared Ford citing progress in contract talks. Auto industry reporter Nora Eckert has more. And New Jersey Sen. Bob Menendez and his wife Nadine Menendez are indicted in a bribery scheme. Plus, economics reporter Amara Omeokwe says a historic rise in immigration could boost the U.S. economy’s prospects of a soft landing. Pierre Bienaimé hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.1

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0:10.8

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0:19.6

The United Auto Workers Union expands strikes at General Motors and Stellantis, but spares forward.

0:25.6

This is not as big of a strike as if the Union shut down the company's major assembly

0:30.0

plants with a walk out. Those are really hit the company profits. So this is an escalating step,

0:35.2

but not really the sharpest tool that the Union has.

0:38.4

And federal prosecutors indict New Jersey Senator Bob Menendez and his wife in a bribery scheme.

0:44.4

Plus, how a rebound in immigration comes to the U.S. economy's aid.

0:48.6

It's Friday, September 22nd. I'm Pierre B. NMA for the Wall Street Journal,

0:52.2

sitting in for Ann Marie for Toly. This is the PM edition of What's News, the top headlines

0:56.5

and business stories that moved the world today.

1:04.0

The United Auto Workers Union sent another 5,600 members out on strike today at General Motors

1:09.6

and Chrysler-Parent Stellantis. The action expands its work stoppage to auto parts distribution

1:14.9

centers that supply dealerships. The Union spared forward from additional walkouts,

1:19.5

saying it was making progress on contract talks. U.A.W. President Sean Fein said during a

1:24.5

live stream address that the action targets 38 auto parts distribution centers across 20 states.

1:30.0

The U.A.W. has been bargaining with the companies for more than two months on a new four-year

1:34.3

labor contract. This latest move brings the total number of U.A.W. members on strike to more

1:39.1

than 18,000. Nora Eckert is reporting on this ongoing story, so Nora, what will be the effect

1:44.8

of this latest move? What we do know right now is that this is going to hit consumers in a much

1:49.4

more direct way than the last round of strikes did. So these parts just distribution centers directly

...

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