UAW president expanding strikes against Ford, GM

Yahoo Finance Video
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United Auto Workers (UAW) President Shawn Fain announced today the union's intentions to expand the ongoing strike against two of the Big Three automakers — Ford (F), General Motors (GM) — for a second time. Fain calls on for 7,000 additional auto workers to join the picket line by noon today, noting the UAW has reportedly been in talks with Stellantis (STLA) and seeing progress in their labor talks.

Yahoo Finance Autos Reporter Pras Subramanian breaks down Fain's latest statement and updates on the UAW's negotiations with Stellantis, while commenting on the stock action surrounding major automakers.

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This post was written by Luke Carberry Mogan.