Published on 26 Oct 2023 on Benzinga
The striking United Auto Workers union has struck a tentative deal with Ford Motor Co. F, potentially lifting an overhang around Dearborn. The ongoing strike that started around mid-September brought some of the main manufacturing plants of Detroit’s “Big Three” to a standstill and impacted production.
Here’s a look at how the shares of these companies, namely Ford, General Motors Corp. GM, and Stellantis N.V. STLA fared among the turbulence and what lies ahead of them.