There's a storm brewing in the waters off the coast of Detroit. And no, we're not talking about the one that wrecked the Edmund Fitzgerald. But with the American auto sector stationed in the city still reeling from a global health crisis and subsequent supply chain armageddon, another wave of turmoil seems dead set on wreaking havoc on the American automotive sector. This time, contentions between the union representatives of America's vital auto workers and their employers seem dead set on dealing the U.S. auto sector another savage blow. Safe to say, this doesn't bode well for national car prices.
Headquartered off the banks of the Detroit River, United Auto Workers (UAW) represents all of America's nearly 400,000 active automotive sector workers as well as those across the river in Southern Ontario, Canada, a major hub for Detroit-based manufacturers like Stellantis, Ford, and General Motors. The UAW's reach isn't just limited to domestic automakers. Every American worker from Honda to BMW and everything in between is covered, as are upwards of half a million retirees.
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