Previous close | 12.06 |
Open | 12.02 |
Bid | 0.00 x 21500 |
Ask | 0.00 x 28000 |
Day's range | 12.02 - 12.23 |
52-week range | 9.63 - 15.42 |
Volume | |
Avg. volume | 53,205,761 |
Market cap | 48.24B |
Beta (5Y monthly) | 1.63 |
PE ratio (TTM) | 11.24 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.60 (4.94%) |
Ex-dividend date | 15 Feb 2024 |
1y target est | N/A |
The United Auto Workers (UAW) is seeking to expand its unionization efforts beyond the Detroit Big 3 automakers (STLA, GM, F). Workers at Volkswagen's (VOW.DE) plant in Tennessee are voting on unionization, a pivotal moment for the labor organization. Cornell University's Director of Labor Relations, Arthur Wheaton, provides insights into the significance of this development. Wheaton notes that the Volkswagen vote is crucial because if the UAW can increase the number of unionized autoworkers in the United States, "it gives them more leverage at the bargaining table." When asked about the potential impact of the Volkswagen vote on the spread of unionization to other automakers, Wheaton acknowledges that "the reality is it's going to take a lot more work" — cautioning against the expectation that "all of the other plants will immediately get majority people to say yes we want the Union." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
It was a monumental day for the U.S. auto industry as Volkswagen employees became the first southern auto workers to agree to be represented by the United Auto Workers. Results from the Volkswagen unionization vote run by the National Labor Relations Board came in late on Friday. The plant where people voted was the VW plant in Chattanooga, Tenn. It employs about 5,500 workers and makes the all-electric ID.
General Motors (NYSE: GM) and Ford Motor (NYSE: F) will report their first quarter results next week. They both need to answer how they intend to grow their profits amid the EV slowdown to which even the EV king, Tesla Inc (NASDAQ: TSLA), isn’t immune. Tesla warned of slower growth this year. With the EV sales slump, Tesla shares tumbled as much as 39% year to date. Along with growing competition in China, Tesla has also found itself in the mud, let alone legacy automakers struggling to make the