Previous Close | N/A |
YTD Return | N/A |
Expense Ratio (net) | N/A |
Category | N/A |
Last Cap Gain | N/A |
Morningstar Rating | N/A |
Morningstar Risk Rating | N/A |
Sustainability Rating | N/A |
Net Assets | N/A |
Beta (5Y Monthly) | N/A |
Yield | N/A |
5y Average Return | N/A |
Holdings Turnover | N/A |
Last Dividend | N/A |
Average for Category | N/A |
Inception Date | N/A |
DETROIT (Reuters) -United Auto Workers on Wednesday shut down Ford's biggest plant globally, halting production of lucrative pickup trucks with little warning, in a sharp escalation of the union's four-week targeted strike against the Detroit Three automakers. The UAW said that 8,700 union members at Ford's Kentucky truck plant went on strike after the union said the No. 2 U.S. automaker refused to move further in contract bargaining. Automakers have more than doubled initial wage hike offers, agreed to raise wages along with inflation, and improved pay for temporary workers, but the union wants higher wages still, the abolishment of a two-tier wage system and the expansion of unions to battery plants at all three companies.
(Reuters) -General Motors and Ford Motor on Monday said they are laying off another 500 workers at four Midwestern plants because of the impact on some of the facilities of the United Auto Workers strike in its 18th day. Separately, the UAW confirmed it presented a new contract offer to GM on Monday. GM said it received the counterproposal "but significant gaps remain."
Union members vote 54 per cent in favour of new collective agreement