The United Auto Workers expanded its strike against major automakers Friday, walking out of 38 General Motors and Stellantis parts distribution centers in 20 states.

Another 5,600 additional workers joined the strike on top of the 13,000 of the 146,000 members that began the strike one week ago.

Ford was spared additional strikes because the company has met some of the union’s demands during negotiations over the past week, said UAW President Shawn Fain.

“We’ve made some real progress at Ford,” Fain said during an online presentation to union members. “We still have serious issues to work through, but we do want to recognize that Ford is showing that they are serious about reaching a deal.”

“At GM and Stellantis, it’s a different story,” he said. Those companies, he said, have rejected the union’s proposals for cost-of-living increases, profit sharing and job security.

  • luckyhunter@lemmy.world
    link
    fedilink
    arrow-up
    7
    arrow-down
    20
    ·
    1 year ago

    and used care prices are spiking again because of it. I personally bought a car for 12,000 about 7 years ago, put 80k on it in that time. I just transferred ownership of it to my business and it valued out at $10,000 now, 6 months ago it was $6,000.

        • WindyRebel@lemmy.world
          link
          fedilink
          arrow-up
          6
          arrow-down
          2
          ·
          1 year ago

          Ding ding ding.

          Dealerships make money on used cars and parts/repairs. New cars are usually a loss for them

            • WindyRebel@lemmy.world
              link
              fedilink
              arrow-up
              1
              arrow-down
              1
              ·
              1 year ago

              They get kick backs, but they don’t sell that high over MSRP and many people are much more savvy about cost of new/features thanks to Edmunds, Cars dot com, KBB, and dealer incentives to move inventory.

              If a dealership is making money on new, you’re not doing your work with car shopping. Most don’t make money from new.

              I mean, unless you know something I don’t? My brother in law was in sales for Chevy for a few years so that’s where I get my info from.

              • daq@lemmy.sdf.org
                link
                fedilink
                arrow-up
                1
                ·
                1 year ago

                There’s ~3% built into msrp for the dealer. Then there are kick backs from banks they are pushing you to finance through. Then there are extras that are basically 100% profit. Then there are dealer installed options. How much can they possibly be expected to make for providing parking space? Dealers are absolutely fucking useless outside of test drives. Every cent over msrp is basically theft.

                Who takes a used car to dealer for service? Are you saying they make more money on used cars because they can price gouge more effectively?

      • luckyhunter@lemmy.world
        link
        fedilink
        arrow-up
        4
        arrow-down
        3
        ·
        1 year ago

        They have, but they dipped pretty significantly last winter. Now it’s almost back up to the covid peak.

        • sadreality@kbin.social
          link
          fedilink
          arrow-up
          1
          arrow-down
          1
          ·
          1 year ago

          speculators…

          unless these strikes keep up for real, i doubt there will be enough impact to raise used car prices for real. i am sure koreans japs and germans will step right in. also, many of american cars are made in mexico lol

    • XbSuper@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      3
      ·
      1 year ago

      Jesus the downvotes.

      Why does lemmy hate discussion? It’s worse than fucking reddit. Smdh.

      • luckyhunter@lemmy.world
        link
        fedilink
        arrow-up
        1
        arrow-down
        3
        ·
        1 year ago

        because pointing out the real world consequences to actions that people like is a no-no. right, wrong, or indifferent, the economy reacts to news.