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0.00011188185276338 0.000783172969344296 0.00123070038039829 0.00111881852763475 -0.00123070038039829 -0.0035802192884315 -0.0035802192884315 -0.0035802192884315
Stock impact report

Volkswagen Accepts Union's Landslide Victory At Tennessee Plant [Yahoo! Finance]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Yahoo! Finance
The UAW and the German-owned company said Tuesday that they were “jointly committed to a strong and successful future” at the SUV plant in Chattanooga. “Both sides are now focused on collective bargaining and entering negotiations in the spirit of working together to reach a fair agreement and build world-class automobiles together,” they said in a joint statement Volkswagen did not challenge the results of the vote, which went 2,628 to 985 in the union's favor earlier this month. The nearly 3-to-1 margin was a remarkable turnaround from the UAW's two previous election losses at the plant, in 2014 and 2019. The election was closely watched because the UAW had tried and failed for years to organize foreign-owned “transplant” automakers in the South, where union membership tends to be lower and politicians more hostile to organized labor. The union's inability to make inroads in the region had weakened its clout in the broader industry, especially as more foreign manufacturers se Show less Read more
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