UAW Strike Threat Against All 3 Automakers Is The Ultimate Game Of Chicken

There is some progress in automaker negotiations, notes Garrett Nelson. He and David Whiston discuss the U.S. automaker strike risk. Garrett highlights how these two sides are too far apart for a deal, so the strike still appears highly likely. David mentions that a strike at Stellantis is likely and striking at three at once is possible. The current UAW contract with Detroit’s “Big 3” automakers expires at 11:59pm ET on Thursday. David suggests that a strike threat against all three automakers is the ultimate game of chicken. Garrett outlines that GM appears to have made the most aggressive move toward meeting UAW demands. Tune in to find out more about the stock market today.