UAW Strike Fallout: Auto Industry on the Brink of Collapse
Lauren Fix, an automotive expert at Car Coach Reports, about the UAW strike. The big question is will the UAW Strike fallout force the auto industry to the brink of collapse. United Auto Workers are demanding DOUBLE-DIGIT PAY RAISES, RESTORE COST OF LIVING ADJUSTMENTS, RE-ESTABLISH RETIREE MEDICAL BENEFITS, MORE PAID TIME OFF, and to work 32 hours and get paid for 40 hours. All of this is a $40,000 increase in pay per worker. This is impossible for any company to sustain this type of increase.
As the UAW Strike Fallout continues, the auto industry is on the brink of collapse. This video will discuss the implications of the UAW Strike on the global economy, and how it could impact your wallet. If you're a driver, manufacturer, or consumer, then please take note of these events and stay informed about the potential implications.
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00:00 UAW Strike Fallout: Auto Industry on the Brink of Collapse
01:46 impact to the middle class
04:51 How much does the UAW want
05:15 UAW strike
07:45 Used car prices
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