Previous close | 122.10 |
Open | 119.95 |
Bid | 119.65 x 0 |
Ask | 122.60 x 0 |
Day's range | 119.80 - 122.70 |
52-week range | 95.18 - 144.25 |
Volume | |
Avg. volume | 615,523 |
Market cap | 67.227B |
Beta (5Y monthly) | 1.28 |
PE ratio (TTM) | 4.37 |
EPS (TTM) | 27.79 |
Earnings date | N/A |
Forward dividend & yield | 9.06 (7.39%) |
Ex-dividend date | 30 May 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
Renee Berry has been working at the Volkswagen plant in Chattanooga, Tennessee since 2010, shortly after it opened, long enough to see the majority of her co-workers twice vote against joining the United Auto Workers union. She thinks the third vote taking place this week will be different.
The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere is facing a key test Friday night as workers at a Volkswagen plant in Chattanooga, Tennessee, finish voting on whether to join the union. The UAW’s ranks in the auto industry have dwindled over the years as foreign-based companies with nonunion U.S. plants have sold increasingly more vehicles. Twice in recent years, workers at the Chattanooga plant have rejected union membership.