Automotive Dealer's Weekly Update 9-22-2023

www.TheAutomotiveAdvisorTeam.com

General Motors has temporarily laid off most of the approximately 2,000 unionized workers at its Fairfax assembly plant in Kansas as a result of the ongoing UAW strikes.

It looks like the rhetoric is not softening and both sides are dug in for a fight. With the OEMs forcing more expense onto the unions with actions like laying off additional workers, the UAW President is ready to go all in on the strike and shut down more production facilities. The impact on new and used car supply and price will be substantial if this continues. With the Biden administration just now sending the labor secretary to Michigan, the question is what if anything can they do to stop the impending loss of production and revenue for the OEMs?

Read more HERE: https://theautomotiveadvisorteam.com/the-automotive-advisor-team-auto-market-update-9-22-232/