UAW strike day 18: Estimated losses grow to nearly $4 billion, report says
The United Auto Workers' strike of the Detroit automakers, now in its 18th day Monday, has resulted in nearly $4 billion in losses, according to an analysis released Monday.
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The United Auto Workers' strike of the Detroit automakers, now in its 18th day Monday, has resulted in nearly $4 billion in losses, according to an analysis released Monday.
The UAW strike enters day 18 with no end in sight, as more automotive factory workers join the picket lines. Ford Motor Company (NYSE: F) CEO Jim Farley is among the executives pushing back
Auto workers reached a tentative new agreement with Mack Trucks Monday, with a ratification vote set to take place in the near future.
The economic damage from the strike will continue to worsen each week that workers are off the line. After last week's added targets, one automaker is expected to hit particularly hard.
Polling indicates that Americans overwhelmingly side with striking UAW autoworkers over the auto companies, 78% to 22%.