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Stock impact report

Daimler Truck Workers in North Carolina Are Poised to Strike [The New York Times]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Workers who make trucks and buses for Daimler Truck in North Carolina appeared poised to strike on Friday as contract talks remained deadlocked.A contract covering 7,000 Daimler employees represented by the United Automobile Workers will expire at the end of Friday. The German company has five factories in North Carolina, where it builds Freightliner and Western Star trucks, Thomas Built buses, and various components.A strike, which appeared likely barring a last-minute breakthrough, would open another front in the U.A.W.’s campaign to expand its power in Southern states where unions have long been weak.The U.A.W. scored a significant victory this month when workers at Volkswagen’s factory inChattanoogaWorkers at Daimler Truck, which split from Mercedes-Benz in 2021, have been represented by the U.A.W. for several decades. The union has adopted a more assertive stance afterwinning the biggest pay increasesA favorable contract for Daimler workers would add momentum to the U.A.W.’s driv Show less Read more
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