Experts said the union’s new contracts could set precedents that give labor advantages when bargaining contracts and organizing workers.
The executive chairman of Ford Motor counsels patience as his company negotiates with the United Automobile Workers union, which has shut three of his company’s plants.
Mr. Ford, the executive chairman of Ford Motor, said nonunion automakers would make gains against Michigan automakers because of strikes by the United Automobile Workers union.
The prices of used battery-powered models have fallen sharply, as the supply of cars and trucks has improved.
The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
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Experts on unions and the industry said the U.A.W. strike could accelerate a wave of worker actions, or stifle labor’s recent momentum.
The U.A.W. returned to the bargaining table on Sunday after its president warned, “We’re going to amp this thing up” if the car companies don’t improve their offers.
The union targeted one factory run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.