#ratifinancialresults — Public Fediverse posts

... strike against the Detroit Three automakers ... Aptiv has an exposure of between 8% and 9% to the Detroit Three automakers, namely General ...

Aptiv (APTV.N) beat third-quarter estimates on Thursday, on sustained demand for auto parts and supplies, but it warned of a $180 million sales hit in 2023 from the United Auto Workers (UAW) union strike against the Detroit Three automakers.#RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #RULES:RESULTS #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #AUT #AUTO #AUTPT #AUTPT1 #BACT #BIZ #CARM #CARM1 #CMPNY #CYCS #CYCS08 #ELEAV #JOB #PUBL #RES #RESF #CEEU #WEU #AMERS #US #EUROP #CA #IE #EZC #NAMER #DE #FIN #TOPNWS #AUTOMV #BLUX #NL
Aptiv tops Q3 expectations, warns of $180 mln UAW strike impact

The United Auto Workers on Saturday expanded its strike at General Motors to include an engine plant in Spring Hill, Tennessee that GM said ...

The United Auto Workers on Saturday expanded its strike at General Motors (GM.N) to include an engine plant in Spring Hill, Tennessee that GM said supplies nine factories producing several of its best selling and most profitable vehicles.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #AUT #AUTO #AUTOMV #AUTPT #BACT #BIZ #CARM #CARM1 #CMPNY #CYCS #CYCS08 #DISP #GEN #JOB #NEWS1 #POL #PUBL #RES #RESF #WASH #WPAY #WEU #AMERS #US #EUROP #BLUX #EZC #NAMER #NL #RSBI:LITIGATION #SUSTAINABLE-BUSINESS #EF:BUSINESS-WORLD-AT-WORK
UAW strikes GM engine plant, threatening wider disruption

... General Motors Lansing Delta Plant picket in Delta Township. Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant ...

Auto parts supplier Dana (DAN.N) said on Friday its operations in North America were "significantly impacted" by the ongoing United Auto Workers (UAW) union strikes against automakers, while outlining the expected financial hit from them.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #AUT #AUTO #AUTOMV #AUTPT #AUTPT1 #BACT #BIZ #CARM #CARM1 #CMPNY #CYCS #CYCS08 #DISP #JOB #PUBL #RES #RESF #WPAY #WEU #AMERS #US #EUROP #BLUX #EZC #NAMER #NL #RSBI:LITIGATION #SUSTAINABLE-BUSINESS #EF:BUSINESS-WORLD-AT-WORK #TOPNWS #TOPCMB
Dana sees 'significant impact' from UAW strikes to North American operations

Over 45,000 union members at Ford (F.N), General Motors (GM.N) and Stellantis (STLAM.MI) are now on strike at some of the automakers' key facilities, ...

U.S. auto sales are expected to rise in October but the outlook for the rest of the year remains uncertain owing to the auto workers strike at Detroit Three, a report from S&P Global Mobility showed on Wednesday.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #AUT #AUTO #AUTOMV #BACT #BIZ #BLR #CARM #CARM1 #CARREG #CMPNY #CYCS #CYCS08 #DIS #DISP #ECI #ECO #ELEAV #GEN #JOB #MCE #PUBL #RES #RESF #WEU #AMERS #US #EUROP #BLUX #EZC #NAMER #NL #RSBI:LITIGATION #SUSTAINABLE-BUSINESS
US auto sales likely to rise in October but impact of UAW strike looms - report

General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as costs related to the United ...

General Motors (GM.N) on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as costs related to the United Auto Workers strikes jumped to $200 million a week during October.#RSBI:WORKER-RIGHTS #RULES:RESULTS #RATI:SUPPLY-CHAIN #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #MTPIX #AUT #AUTO #AUTOMV #BACT #BIZ #CARM #CARM1 #CMPNY #CYCS #CYCS08 #DISP #ECO #ELEAV #JOB #MCE #PUBL #PXP #RES #RESF #WEU #EASIA #AMERS #US #EUROP #BLUX #EZC #NAMER #ASXPAC #EMRG #NL #CN #ASIA #RSBI:LITIGATION #ECON #SUSTAINABLE-BUSINESS #TOPNWS #TOPCMB #REPI:TECHNOLOGY #RATI:ADAS-AV-SAFETY #RATI:ELECTRIC-BATTERY #EHVEH #GEN #SCI
GM withdraws 2023 guidance as UAW strike costs soar

... General Motors and Chrysler parent Stellantis out on strike, including those who went out on strike at Ford's cash-cow Kentucky pickup truck plant ...

French car parts maker Forvia (FRVIA.PA) on Friday posted solid organic sales growth for the third quarter, but warned that the spreading United Auto Workers strike will take a bigger bite out of revenue in October and could lead to layoffs.#RATI:FINANCIAL-RESULTS #RULES:RESULTS #AUT #AUTO #AUTPT #AUTPT1 #BACT #BIZ #CMPNY #COEN #COEN08 #COMBLD #CYCS #CYCS08 #GDY1 #INDS #INDS08 #ISER #ISER08 #PRIVT #PUBL #RES #RESF #CEEU #WEU #EUROP #EZC #AT #DE #FR #AUTOMV #CARM #BLUX #NL #FIN #TOPNWS #PXP #TOPCMB
Forvia warns of rising hit from UAW strike, considering layoffs

General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, ...

General Motors (GM.N) and Ford (F.N) have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust profits from combustion trucks and SUVs.#RSBI:WORKER-RIGHTS #RULES:RESULTS #REPI:TECHNOLOGY #RATI:ADAS-AV-SAFETY #RATI:ELECTRIC-BATTERY #RATI:SUPPLY-CHAIN #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #RATI:EV-STRATEGY #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #MTPIX #APPA #AUT #AUTBAT #AUTO #AUTPT #BACT #BIZ #BUYB #CARM #CARM1 #CMPNY #CYCP #CYCP08 #CYCS #CYCS08 #DISP #DIV #ECO #EHVEH #ELEAV #FINE1 #GEN #HANDLG #JOB #MCE #PUBL #PXP #RES #RESF #SCI #TEX #WEAR #AMERS #US #NAMER #RSBI:LITIGATION #ECON #SUSTAINABLE-BUSINESS
UAW strike could upend GM, Ford financial strategies

General Motors (GM.N) extended a strong year as it posted an about 21% rise in U.S. sales to 674,336 vehicles, benefiting from demand for its pickup ...

Top global automakers on Tuesday reported a rise in U.S. new vehicle sales for the third quarter, buoyed by resilient demand for latest models and improved supplies.#RATI:FINANCIAL-RESULTS #MTPIX #AUT #AUTO #AUTOMV #AUTPT #BACT #BIZ #CARM #CARM1 #CMPNY #CYCS #CYCS08 #ECI #ECO #MCE #PUBL #PXP #RES #EASIA #KR #AMERS #US #NAMER #ASXPAC #EMRG #ASIA #JP #REPI:TECHNOLOGY #RATI:ADAS-AV-SAFETY #RATI:ELECTRIC-BATTERY #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #EHVEH #ELEAV #GEN #SCI #WEU #EUROP #BLUX #EZC #NL #TOPNWS #TOPCMB
US new vehicle sales jump in third quarter as UAW strike casts shadow

... strike by United Auto Workers' (UAW) union has ... The ongoing labor strike, which began on Sept 15, between the UAW and automakers Ford (F.N), General ...

New vehicle sales in the United States are projected to rise for a sixth consecutive month in September on strong demand, according to an industry report, though the strike by United Auto Workers' (UAW) union has clouded the outlook going forward.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #AUT #AUTO #AUTOMV #BACT #BIZ #CARM #CARM1 #CEN #CMPNY #CYCS #CYCS08 #DISP #ECI #ECO #INT #JOB #MCE #PUBL #RES #RESF #WPAY #WEU #AMERS #US #EUROP #BLUX #EZC #NAMER #NL #RSBI:LITIGATION #ECON #SUSTAINABLE-BUSINESS
US new vehicle sales to rise for sixth month; UAW strike clouds October outlook, report says

... strike against the Detroit Three automakers hit its fifth day ... The UAW launched a strike against Ford (F.N), General Motors (GM.N) and ...

United Auto Workers members picketing in Michigan and Ohio urged union leaders to hold firm on their biggest demands on pay hikes and compensation as their first-ever strike against the Detroit Three automakers hit its fifth day.#NRLPA😮EBEC #RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #AUT #AUTO #BACT #BIZ #BLR #CARM #CARM1 #CMPNY #CYCS #CYCS08 #DISP #JOB #NEWS1 #PUBL #RES #RESF #AMERS #US #CA #NAMER #MTPIX #DLI #GEN #SOCI #WWW #RSBI:LITIGATION #SUSTAINABLE-BUSINESS #EF:BUSINESS-WORLD-AT-WORK #RATI:RETAIL #TOPNWS #PRTRET #RET #SHOP #SHOPAL #SPCRET #TOPCMB #VHRET #AUTOMV #WEU #EUROP #BLUX #EZC #NL #NRLIN😮COR #NRLPA😮EMP #LEGAL #REUTERS-LEGAL #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #MTGFX #ELEAV #USAMI #WPAY
UAW braces for more strikes as deal with automakers remains elusive

A union representing workers at General Motors , Ford Motor and ... voted in favor of authorizing a strike at the Detroit Three automakers if ...

A union representing workers at General Motors (GM.N), Ford Motor (F.N) and Jeep-maker Stellantis (STLAM.MI) has threatened strikes if a contract deal is not reached before the current ones expire on Sept. 14 at midnight.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #RATI:FINANCIAL-RESULTS #RATI:WORKFORCE #FBOX #AUT #AUTO #AUTOMV #AUTPT #BACT #BIZ #BLR #CARM #CARM1 #CMPNY #CYCS #CYCS08 #DISP #ECI #ECO #ELEAV #GDP #GEN #JOB #MCE #POL #PUBL #RES #RESF #WASH #WEU #AMERS #US #IT #EUROP #BLUX #EZC #NAMER #NL #FR #RSBI:LITIGATION #ECON #TOPNWS #SUSTAINABLE-BUSINESS #FIN #LEGAL #REUTERS-LEGAL
Factbox: Impact of possible strikes on Detroit Three automakers