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9-25-23 GM is grappling with an expanding strike. Ford has been spared the worst.

9-25-23 In its first week alone, the United Auto Workers strike is estimated to have resulted in more than $1.6 billion in economic losses, including $100 million in unpaid wages and more than $500 million in corporate losses, according to Anderson Economic Group in East Lansing, Mich.

9-25-23 The economy’s “hold your breath moment,” explained

9-25-23 The UAW picked 3 plants for targeted strikes to begin the walkout but has since expanded to 38 distribution centers across 20 states.

9-24-23 While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy

9-24-23 Für General Motors, Ford und Stellantis ist der Arbeitskampf mitten im Übergang ins Elektrozeitalter ein Debakel – mit drastischen Folgen für die US-Konjunktur und den Präsidenten. Nur Elon Musk kann sich freuen.

9-24-23 A long strike would be costly for all. Yet, U.S. auto workers and manufacturers appear far apart in contract negotiations. Ford is the likeliest to settle first.

9-24-23 After Lansing’s General Motor’s Distribution Center became one of 38 new locations to join the UAW Strike. We took a look at how it could affect the Lansing economy.

9-22-23 The union designated 38 spare parts distribution centers as additional strike targets at General Motors and Stellantis.

9-22-23 The United Auto Workers is on strike against Ford, General Motors and Stellantis, and the work stoppage has already cost the U.S. economy $1.6 billion.

9-22-23 So far, the losses have been concentrated in Michigan, Indiana, Alabama, Kansas, Missouri and Ohio, where plants are shuttered over the strike.

9-22-23 Auto workers have expanded their strike against major carmakers, walking out of 38 General Motors and Stellantis parts-distribution centers in 20 states.

9-22-23 Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he is bracing for it to get worse.

9-22-23 Workers at a GM parts distribution center in Roanoke join colleagues in 3 assembly plants on strike for higher wages and job security. 20 states impacted.

9-22-23 UAW President Shawn Fain said 38 GM, Stellantis parts distribution sites are going on strike and conducting walkouts Friday. Here are the locations.

9-22-23 “Because the auto industry is highly integrated across suppliers and assembly plants, shutting down one plant will cause layoffs and shutdowns at other plants,” CEO Patrick Anderson said in a statement. “That includes supplier businesses, especially those that are dependent on a handful of contracts with the OEMs.”

9-22-23 ABD’de Birleşik Otomotiv İşçileri Sendikası (UAW), ülkede 3 büyük otomobil üreticisine karşı başlattıkları grevi, yeni sözleşme görüşmelerinde ilerleme kaydedilmemesi nedeniyle General Motors (GM) ve Stellantis’e karşı genişleteceklerini duyurdu.

9-22-23 Electric cars use fewer parts than gas guzzlers. Fewer parts require fewer workers. And fewer workers mean more Americans looking for work.

9-22-23 United Auto Workers President Shawn Fain called on 38 plants across the country to join the strike. The union is asking for a 40 percent pay increase. Fain said Ford has made progress.

9-22-23 The UAW will not be striking additional Ford locations, citing serious progress in negotiations with the automaker

9-21-23 L’industrie automobile aux Etats-Unis est sous le coup d’une importante grève concernant, notamment, le groupe Stellantis. Avec quelles possibles conséquences à terme pour le marché en Europe ?

9-21-23 (AP) So far this year, 247 strikes have occurred involving 341,000 workers — the most since Cornell University began tracking strikes in 2021.

9-21-23 Jared Bernstein claims the UAW strike is actually a sign the economy is doing well.

9-21-23 Car manufacturing workers walked off the job Friday morning at the Big Three automakers — Ford, General Motors and Stellantis — after a United Auto Workers

9-21-23 Stellantis announced temporary layoffs of over 350 people in response to the United Auto Workers strike. Union leaders have given Detroit’s big three automakers a Friday deadline to reach a deal.

9-21-23 Strikes are not good for the economy. Let’s take a look at this particular UAW strike.

9-20-23 About 13,000 auto workers have walked off their jobs at targeted factories after union leaders couldn’t reach a deal with automakers. Here’s what you need to know about the UAW strike

9-20-23 “I do really worry about these new contract negotiations, if they are not sustainable for the many aspects of the economy that they affect,” said Tyler Theile, chief operating officer of Anderson Economic Group.... “We don’t want to go back to the jobs banks and bankruptcy. Public opinion isn’t going to digest another bailout.”

9-20-23 While the current economic impact of a targeted strike by the United Auto Workers (UAW) is limited, the threat of a full walkout looms over contract negotiations with auto giants Ford, General Moto…

9-19-23 With Detroit’s carmakers and the union representing its labor force at odds over a new contract, autoworkers began targeted walkouts on Sept. 15 and threatened additional ones unless more progress was made in negotiations. The United Auto Workers’ fiery new president, Shawn Fain, argues that the aut…

9-19-23 If the UAW strike isn’t over soon, there could be shortages of some makes and models –big sellers or vehicles that are already in short supply.

9-18-23 “Combustible means it could blow up,” he said. “American consumers have lots of alternatives here. Alternatives built in Georgia, Alabama, Texas and California by non-union assembly plants like Honda, Toyota, Hyundai, Tesla.”

9-18-23 Five wrongfully detained Americans are on their way home after they were released by Iran. The autoworkers’ strike in the US is in its fourth day, while another autoworkers union in Canada could strike tonight. Hunter Biden is suing the IRS, alleging privacy violations in the investigation into his…

9-18-23 A local economic researcher contends the whole future of the U.S. auto industry is also at risk.

9-18-23 Auto workers’ strike carries risks for the White House, and for labour leaders

9-16-23 With the United Auto Workers’ historic strike officially underway, experts say the U.S. economy is already getting bruised – but the strike’s impact isn’t likely to push the nation into

9-16-23 (AP) "It's almost a foregone conclusion that the UAW will succeed in getting substantial wage increases," says Patrick Anderson, the founder of Anderson Economic Group, a research firm that conducts market analysis. "Part of that is simply due to inflation, part of that is due to the profits of the automakers, and part of that is due to the leverage that the UAW has right now with a short inventory and an economy that still has a lot of people that want to buy cars."

9-16-23 The echo of workers chants and the resounding unity of the United Auto Workers (UAW) strike reverberate across the nation.

9-16-23 With the United Auto Workers’ historic strike officially underway, experts say the US economy is already getting bruised – but the strike’s impact isn’t likely to push the nation into a recession.

9-15-23 Latest on the auto strike. Guest: Anderson Economic Group CEO Patrick Anderson.

9-15-23 White House correspondent Justin Sink examines the president’s disappointing week. Sign up here and follow us at @bpolitics. Email our editors here.

9-15-23 Unlike in 2020, Detroit’s Big Three was unable to reach a deal with the United Auto Workers (UAW) before their collective bargaining agreements expired, so a strike was launched last night at three vehicle assembly plants across the U.S. In the previous couple of days, Ford had made what it …

9-15-23 The massive strike is unprecedented, as there has never been a strike against all three automakers at once.

9-15-23 (AP) About 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn’t reach a deal with Detroit’s automakers. The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis.

9-15-23 (CNN) United Auto Workers President Shawn Fain on Thursday night said the union will strike all the Big Three automakers – GM, Ford and Stellantis – at the same time as of midnight if the companies do not reach tentative labor deals with the auto workers.

9-15-25 United Auto Workers union President Shawn Fain dismissed Ford CEO Jim Farley’s claim that Ford would go bankrupt if it met all of the union’s contract, saying, “It’s a joke.”

9-15-23 Thousands of auto workers at three U.S. assembly plants went on strike midnight Thursday when their United Auto Workers union and the Big Three automakers failed to come to an agreement on a new contract.

9-15-23 The United Auto Workers strike began against the Big Three Automakers in Detroit as workers seek better pay and fewer working hours - a historic walkout.

9-15-23 Thousands of unionised US workers from General Motors, Ford and Stellantis put down their tools on Friday after they demanded a 40% pay increase and a four-day work week

9-15-23 What consumers could face in a prolonged strike.

9-15-23 Selon le cabinet de conseil Anderson Economic Group (AEG), une grève de dix jours pourrait représenter plus de cinq milliards de dollars de perte de revenus pour l'économie américaine.

9-15-23 Autoworkers launched a historic strike on Ford, General Motors and Stellantis early Friday morning after union negotiations failed. The United Auto Workers and the “Big Three” carmakers failed to r…

9-14-23 The United Auto Workers union is ready to strike all Detroit Three automakers at midnight, an unprecedented move that could disrupt the economy for weeks or more.

9-14-23 Detroit (CNN) — With just hours to go before labor contracts expire at America’s three unionized automakers, thousands of autoworkers could walk off the job.Those limited, targeted...

9-14-23 Michigan’s governor said she is in contact with the federal government and that everyone is “doing our best” and focused on “getting a good result.” She said both sides at the table have a responsibility to act in their best interests.

9-14-23 Union boss Shawn Fain says companies can afford demands, including a 40% pay rise.

9-14-23 The current union contracts are set to run out at 11:59 p.m. Eastern time, with implications for Michigan’s economy, President Joe Biden’s political future and the fight against climate change.

9-14-23 Auto strike could bring lost wages, lower spending and higher prices, experts said.

9-14-23 AEG vice president Tyler Theile said in the report that carmakers currently have only "about one-fifth of the inventory that was on-hand" in 2019, during the last UAW strike. "A strike in current conditions would likely affect dealers and customers much sooner.”

9-14-23 Strike locations will be limited and targeted

9-14-23 More trouble for the U.S. economy could also be ahead with the United Auto Workers apparently set to strike when its contract with Ford (F), General Motors (GM) and Stellantis (STLA) expires at midnight Thursday.

9-14-23 Targeted strikes are “clearly intended to keep the strike going longer,” Patrick Anderson, the CEO of the Anderson Economic Group, whose clients include GM and Ford, told Breanne in an interview. “But it has the potential risk of causing a shutdown at many points, not just the ones that they pick as strike targets.”

9-14-23 (CNN) With just hours to go before labor contracts expire at America’s three unionized automakers, thousands of autoworkers could walk off the job.

9-14-23 More inflation data and how much consumers opened their wallets in August will have the market’s attention, as will what the UAW will do.

9-14-23 The looming strike at America’s Big Three automakers leaves President Joe Biden caught between two of his top policy goals – a greener car industry and a labor revival – with little sway over the outcome.

9-13-23 UAW president Shawn Fain has confirmed reports that the labor union plans to target strikes at selected plants from the Big Three.

9-13-23 United Auto Workers (UAW) President Shawn Fain said on Wednesday the union is still seeking significant pay hikes as talks continue with the Detroit Three automakers, a day before four-year labor deals are set to expire.

9-13-23 An extended walkout by the United Auto Workers in a contract dispute could raise car prices and affect jobs at the companies’ suppliers.

9-13-23 (CNN) — President Joe Biden is trying to walk a fine line as the clock ticks toward a looming deadline for a possible UAW strike of the Big Three automakers, keeping in direc

9-13-23 More than 5,000 auto workers at General Motors’ Arlington assembly plant — and thousands of other workers across the country — could strike if contract negotiations run past Thursday night’s expiration deadline.

9-13-23 The show, which is internationally recognized, is setting up just as UAW are facing a potential strike when their contracts expire Thursday night.

9-13-23 Tesla isn’t involved in the UAW’s negotiations with General Motors, Ford and Stellantis, but it’s the elephant in the room regardless.

9-13-23 Management stays mum on the precise cost, claiming only that the five-year deal works out to be less costly than Teamster leaders claim.

9-13-23 As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fields has words of caution for both sides.

9-12-23 About 146,000 U.S. auto workers are set to go on strike this week against any automaker that hasn’t reached an agreement with the United Auto Workers union by the time contracts expire on Sept. 14. The union is asking for 46% in raises, among other demands.

9-13-23 A strike could cost the U.S. economy about $500 million a day. A month-long strike would likely result in a loss of $15 billion.

9-12-23 According to an estimate from Anderson Economic Group, it would have been the costliest labor action "in a century," shaving billions of dollars off of the American economy.

9-12-23 Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night deadline to reach a deal on a new contract before a potential walkout by 146,000 U.S. autoworkers.

9-12-23 As the deadline for the UAW and Detroit-based automakers looms, a top executive of an Asian car company with plants in the U.S. is keep a close eye on the talks.

9-12-23 Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night deadline to reach a deal on a new contract before a potential walkout by 146,000 U.S. autoworkers.

9-12-23 The clock is ticking toward a possible strike as the United Auto Workers contracts with Detroit’s Big Three automakers are set to expire Thursday potentially idling hundreds of thousands of workers and resulting in repercussions felt well beyond, said Gregory D. DeYong, a Southern Illinois Universit…

9-12-23 Time is running short to avoid a strike at America’s three unionized automakers, and the distance between the United Auto Workers union and the companies remains large.

9-12-23 New York (CNN) — Shawn Fain is one of the most important people in the US economy today. A year ago, almost no one knew who he was.

9-12-23 If GM, Ford and Stellantis don’t meet the union’s outrageous pay and benefit demands by Thursday, roughly 150,000 UAW members are set to go on strike.

9-12-23 UPS is billing the labor agreement with the Teamsters as a win for the company and its workers, as it looks to sell the deal to investors.

9-12-23 UAW is just a few days away from its labor contract with Ford, General Motors and Stellantis expiring. A strike could break out as soon as this week.

9-12-23 Stellantis on Monday reported progress in talks with the United Auto Workers union with just three days left before contracts expire with Detroit’s three automakers.

9-11-23 A critical moment in the auto industry reverberates far beyond Detroit.

9-11-23 Last week, Stellantis slid the United Auto Workers (UAW) a contract proposal that would raise hourly workers’ pay by 14.5 percent over the next four years. The deal is roughly on par with the 15 percent initially offered by Ford and 16 percent from General Motors. It likewise said it would provid…

9-11-23 According to a new study, $5 billion dollars could be lost in the first 10 days of a potential UAW strike.

9-11-23 Just when US automakers and the broader economy were shaking off the effects of the pandemic and semiconductor shortages, a long strike by the United Auto Workers union could bring higher inflation and economic damage.

9-11-23 According to a recent analysis by Anderson Economic Group, a potential UAW work stoppage could cost the "Big Three" more than $5 billion in just 10 days. The UAW reportedly has $825 million in its strike fund and has raised strike pay to $500 per week.

9-11-23 “If we were to have a long strike in 2023, the state of Michigan and parts of the Midwest would go into a recession,” says the head of an economic consultancy.

9-11-23 Jeep maker Stellantis NV said Monday it has reached tentative agreements with the United Auto Workers on health and safety measures as a part of a new labor contract and

9-11-23 With just a few days remaining to stop a strike against the “Big Three” automakers -- Ford, General Motors (GM) and Stellantis -- negotiations seem at a stalemate. New Car Market: Ford, Tesla Drop…

9-11-23 Plus, August inflation data is on tap for later this week as Apple prepares to unveil its new iPhone and earnings from Adobe and Oracle await.

9-11-23 With the Fed in a blackout period ahead of the FOMC meeting scheduled for September 19-20, odds are investors will put a greater focus on the data.

9-10-23 GM, Ford and Stellantis want to use profits for their EV transition. Workers want a more than 40% pay increase.

9-10-23 In addition to slowing down the Detroit automakers, a strike would hurt their bottom lines. One against GM, Ford, and Stellantis lasting 10 days would cost them nearly a billion dollars, according to the Anderson Economic Group.

9-10-23 We need both sides to start negotiating in earnest instead of throwing verbal bricks or saber rattling about a strike which is in no one’s interests. The economic domino effect of a strike could be enormous — a three-company strike would cause an estimated loss to the economy of more than $5 billion after just 10 days, according to a study from the Anderson Economic Group.

9-10-23 About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble.

9-8-23 The United Auto Workers has said it is prepared to strike at General Motors, Ford and Stellantis if a deal is not reached before current contracts end on Thursday.

9-8-23 Patrick Anderson, CEO and principal of the Anderson Economic Group, shares how a potential UAW strike could impact the economy.

9-8-23 If a strike lasts as long as 2019′s 40-day strike against General Motors, experts say the effects could be devastating not only to Arlington where GM’s…

9-8-23 The United Auto Workers are getting down to the wire in negotiations with the “Big Three” U.S. automakers — General Motors, Ford and Chrysler maker Stellantis — over a new

9-8-23 The UAW has been in negotiations with General Motors, Ford and Stellantis ahead of contracts expiring at 11:59 p.m. on Sept. 14.

9-8-23 Tech stocks slide; September hiring surge debate; The NFL’s highest-paid player; Another FTX exec pleads guilty; Apple’s impossible war on child exploitation; and more

9-8-23 “If Biden were to anger the UAW and not secure their endorsement or support, it could tip the scales in favor of Trump in 2024,” pollster Steve Mitchell said.

9-7-23 Employees of General Motors, Ford Motor Co. and Stellantis are threatening to strike if a deal isn’t reached next week.

9-7-23 In an interview in Tokyo, Michigan governor says “there’s reason to be concerned about where it’s headed.”

9-7-23 Just as showroom across the country begin to recover from the supply chain problems caused by the pandemic, they could soon empty out again because of a possible United Auto Workers (UAW) strike.

9-7-23 “The greater Lansing region, if you had to rank them, would be second or third most impacted,” said Anderson Economic Group’s Tyler Theile.

9-7-23 J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices and put pressure on margins in the personal auto insurance business.

9-6-23 A local economist predicts isolated incidents of damage for West Michigan if speculation of a United Auto Workers (UAW) strike comes true.

9-6-23 President Joe Biden will celebrate a labor deal for port workers at the White House on Wednesday, a bid to showcase his support for unions even as another contract dispute involving the auto industry threatens to rattle the US economy and upend supply chains.

9-6-23 The UAW has warned it could strike all three Detroit automakers at once, but it also could target key production sites to avoid burning through its $825 million strike fund.

9-6-23 When you’re a business across the street from an auto factory, you live and die by the United Auto Workers union. Motor City Sports Bar and Grill in Warren is no different.

9-6-23 Lawyers have said the potential strikes against Ford, GM and Stellantis could cause automotive suppliers to collapse.

9-5-23 Market Sentiment Contends with a Potential Union Strike and Government Shutdown

9-5-23 Michigan will spend $5 million to survey replacing its waning gas tax revenue with a miles-traveled tax as more EVs drive on roads but pay less to fix them.

9-5-23 A potential UAW strike could stall Michigan’s economy that has been steadily recovering from the economic effects of the pandemic.

9-4-23 A 46% pay raise. A 32-hour week with 40 hours of pay. A restoration of traditional pensions. These are among the demands the United Auto Workers union has pressed on General Motors, Stellantis and Ford before its current contract ends Sept. 14. The automakers, which are making billions in profits, h…

9-4-23 ... if a strike lasted even just 10 days, it would cost the three automakers nearly a billion dollars, the Anderson Economic Group has calculated. During a 40-day UAW strike in 2019, GM alone lost $3.6 billion.

9-4-23 If the mood in Michigan—and parts beyond—seems a bit tense these days, there’s a good reason. The United Auto Workers (UAW) membership ha…

9-4-23 The threat of a strike continues to feel more likely as the United Auto Workers union and Detroit’s Big Three remain at odds with only 10 days until their contract deadline.

9-3-23 With their contract expiring Sept. 14, the United Auto Workers and the companies are far apart in talks. A walkout could take a big economic toll.

9-1-23 According to an East Lansing, Michigan-based consulting firm, Anderson Economic Group, a strike lasting 10 days on all three automakers could result in an economic loss of $5 billion.

9-1-23 The money provided under the IRA is partly aimed at responding to a strike threat by unionised auto workers.

9-1-23 President Joe Biden’s ambitious clean energy and climate targets have put him at odds with organized labor groups, who argue his push for electric vehicles could come at the expense of fair wages and union jobs, threatening support from a bloc seen as key to helping his reelection chances in 2024.

8-31-23 The grants and loans, provided under the 2022 Inflation Reduction Act, are meant to keep autoworkers’ jobs in their communities.

8-31-23 The union’s president said a complaint with the National Labor Relations Board has been filed citing unfair labor practices by the two automakers.

8-31-23 GM, Ford and Stellantis have vowed to resist any demands they deem unreasonable. Both labor and management could incur potentially substantial losses in a strike, which would compound over time. Even a 10-day strike could cause an estimated US$5 billion in economic damage or more, according to the Anderson Economic Group consulting firm.

8-31-23 The revolving credit agreement adds to the $47 billion in total liquidity the automaker had at the end of the second quarter.

8-31-23 Ford Motor Co. and General Motors Co. employ more than 4,300 workers in Western New York, meaning a possible United Auto Workers would have a significant impact here

8-29-23 Unifor has chosen Ford as the strike target to set the pattern for bargaining with the other two Detroit Three automakers, the union’s president said during a news conference in Toronto on Tuesday.

8-29-23 – Michigan will spend $5 million to survey replacing the state’s waning gas tax revenue with a miles-traveled tax as more electric vehicles drive on roads but

8-28-23 Some tourism officials expect a dip in visitor spending at northern Michigan establishments over the holiday weekend, thanks to more schools starting before Labor Day. A 2005 Michigan law required schools to start classes after Labor Day unless they obtain a waiver from the state to begin…

8-28-23 This article discusses various current financial topics, including U.S.-China relations, 3M’s settlement, and Medicare price negotiations, among other news updates in the financial industry.

8-27-23 The most talked about news in the US last week, apart from Trump’s swift parole after turning himself in, was the escalating conflict between the Detroit auto trio and the United Auto Workers.

8-25-23 About 97 percent of votes were cast in favor of authorizing a strike. The vote is a routine part of contract negotiations and does not necessarily mean a strike will occur.

8-25-23 The vote is procedural but offers the union the leverage of a threat to bring a halt to the automakers’ operations and hurt profits.

8-25-23 With a Sept. 14 deadline looming, UAW members at the Detroit 3 automakers voted to allow the union call a strike if contract talks break down. About 97% of workers who voted cast their ballot in favor of authorizing a strike, the UAW said Friday. The vote is a routine part of contract…

8-25-23 This week more than 90 percent of the local UAW 652 members voted in favor of a strike against General Motors. At issue, the UAW wants to increase wages, benefits, and job security.

8-25-23 Contracts between the union representing about 150,000 workers at the companies expire at 11:59 p.m. on Sept. 14

8-24-23 The United Automobile Workers, or UAW, is currently in contract negotiations with Ford, General Motors and Stellantis.

8-23-23 The National Association of Manufacturers, the nation’s leading advocacy organization on behalf of the manufacturing sector, is warning policymakers and the Biden administration that a threatened strike by the United Auto Workers would harm the U.S. economy. UAW’s current contract with automakers ex…

8-22-23 A walkout this time would have had much further-reaching implications, with millions of Americans now accustomed to online shopping and speedy delivery. The consulting firm Anderson Economic Group estimated a 10-day UPS strike could have cost the U.S. economy more than $7 billion and triggered “significant and lasting harm” to the business and workers.

8-22-23 The union representing 340,000 UPS workers says its members voted to approve the tentative contract agreement reached last month.

8-22-23 Even a 10-day strike could have cost the U.S. economy an estimated $7.1 billion, according to research firm Anderson Economic Group. That would have made it potentially the costliest strike in U.S. history. These costs stem from the 340,000 striking workers losing an estimated $1.1 billion in wages and UPS losing $816 million in earnings. The balance of this estimate would result from the disruptions incurred by UPS customers.

8-22-23 Under the new contract, UPS workers will get higher wages and job protections like air conditioning.

8-21-23 A strike would cause an economic loss of more than $5 billion after 10 days, a report found.

8-21-23 AEG report shows a union strike could cost the U.S. auto industry $5.5B

8-21-23 While in support of the union workers, Dave White Chevrolet manager Joe Mehling admits a UAW strike would do significant damage to the business’s bottom line.

8-21-23 If the union goes on strike, analysts expect the economic losses to exceed $5 billion over the course of just 10 days.

8-21-23 The Big Three’s transition to electric vehicles will largely be driven by public investment. That doesn’t guarantee there will be good-paying jobs.

8-20-23 If the United Auto Workers decides to strike against the “Big Three” Detroit automakers when the current contract expires next month, it could cost the U.S. economy more than $5 billion.

8-18-23 If 143,000 United Auto Workers walk off their jobs, wage losses would reach $859 million and manufacturers would take a hit of $989 million after 10 days, the firm reported.

8-18-23 An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.

8-17-23 A hypothetical 10-day strike against the Detroit 3 would result in more than $5 billion in economic losses, according to the analysis from Anderson Economic Group.

8-17-23 U.S. Sen. Gary Peters (D-Bloomfield Twp.) began the final day of his annual motorcycle tour of the state in Lansing, between two local branches of the union of United Automobile Workers (UAW). Peters’ visit to the union site on Thursday came in the midst of negotiations between the UAW and Big Thre…

8-17-23 The Union’s contracts with General Motors, Ford and Stellantis expire in about a month.

8-14-23 AEG’s study compared the cost of fueling with gasoline, electricity through a home charger, or electricity through more expensive public chargers for several vehicle categories. They found that only owners of luxury cars saved money by going electric, and only if they did most of their charging at home.

8-14-23 Anderson told me that many economists leave out costs that should be part of any calculation of recharging costs: state EV taxes replacing gas taxes, costs of home chargers, transmission losses while recharging (about 10 percent), and the cost of driving to sometimes distant public fueling stations. These are small but real costs, he says. Together, they tip the balance toward gasoline cars.

8-7-23 “The diverse workgroup members of the Growing Michigan Together Council will be instrumental in our effort to grow our economy and population while protecting our natural resources,” said Governor Whitmer.

8-3-23 Rolls-Royce has a small number of its super luxury cars aboard the ship that went up in flames off the Dutch coast a week ago.

8-3-23 A fire which broke out on a freight ship carrying almost 3,000 new cars could end up costing north of $330m (£260m), an expert has warned.

8-3-23 Averting a United Autoworkers walkout is crucial for the president to keep showcasing the economy and his union cred

8-2-23 – The state of Illinois has offered an incentive package to build an electric vehicle innovation hub and workforce training academy in central Illinois.

8-2-23 BMW and Mercedes had cars among the cargo aboard the Fremantle Highway.

8-1-23 Fueling a regular F-150 and charging a Lightning might cost the same, but fueling entry and midlevel cars still costs less than plugging them in.

7-27-23 The industry is now crying foul and is urging the agency to slow down fines and apply them more evenly under sustained pricing pressure.

7-26-23 The Teamsters’ Sean O’Brien said in that UPS put $30 billion more on the table due to the negotiations, and the deal “sets a new standard in the labor movement.”

7-26-23 Growing wage disparity between carriers may fuel resentment among FedEx Ground drivers, Alan Amling argues. The post 5 early takeaways from UPS-Teamsters agreement appeared first on FreightWaves.

7-26-23 UPS reached a tentative deal with its Teamsters union on Tuesday, potentially avoiding a strike that could have caused supply chain disruptions across the country.

7-25-23 United Parcel Service faced a potential walkout by more than 325,000 union members after their five-year contract expires next week.

7-25-23 The shipping giant gives raises to dodge a strike and gain flexibility.

7-25-23 A work stoppage could have cost the U.S. economy billions by upending distribution to businesses, hospitals and homes.

7-25-23 UPS and its Teamsters union have signed a tentative contract deal for about 340,000 U.S. workers at the parcel delivery firm, one week ahead of a threatened strike that could have cost the economy billions and disrupted a quarter of the nation’s package shipments.

7-25-23 UPS agreed on a contract with its 340,000-member union, preventing a potential nationwide logistics disruption. This “historic” and highly beneficial deal increases part-time starting pay and ensures safety improvements.

7-25-23 A tentative agreement has been reached between the Teamsters and UPS, affecting about 340,000 workers.

7-25-23 Teamsters leaders hailed the agreement, which now heads to rank-and-file union employees for a vote, for its “historic” wage gains, and UPS called the pact a “win-win-win.”

7-25-23 UPS and the Teamsters union representing 340,000 employees at the package delivery firm plan to meet on Tuesday to avert a threatened strike on Aug. 1.

7-25-23 Shipping companies like Amazon, FedEx and the U.S. Postal Service are monitoring the evolving negotiations between UPS and the Teamsters union as a potential strike looms.

7-25-23 In an automotive industry still struggling with . . . chip shortages and supply chain disruptions . . . GM may experience more logistic pressure if a threatened strike of UPS workers materializes.

7-24-23 Clock Ticks for UPS and Teamsters Union, Possible Economic Tremors Ahead - The Black Chronicle

7-24-23 The strike, AEG's CEO Patrick Anderson said, poses "significant and lasting harm for small businesses, household workers, sole practitioners, and online retailers across the country.”

7-24-23 If 340,000 UPS workers walk off the job Aug. 1, it would be the largest strike against a single business in US history.

7-20-23 With Hollywood already paralyzed by worker walkouts, the automobile industry and package delivery giant UPS could be next

7-19-23 UPS and the Teamsters union representing 340,000 employees have until July 31 to successfully negotiate a contract.

7-19-23 Negotiations between UPS and the International Brotherhood of the Teamsters remain frozen as the July 31st contract deadline looms.

7-19-23 A U.S. retail industry group on Wednesday urged United Parcel Service and the Teamsters union to reach a labor contract deal and avert a strike that could result in billions of dollars of economic losses.

7-18-23 According to an Anderson Economic Group estimate, a Teamster walkout at UPS lasting 10 days would cost the economy $7.1 billion in lost wages and production, making it the costliest strike in at least a century.

7-18-23 If UPS workers go on strike next month, the disruption stands to impact the economy, businesses and customers directly—here’s how it could all play out.

CivicScience frequently covers breaking news developments, available as a free preview to registered subscribers. For even more insights, work with us. UPS and the Teamsters union are bracing for a strike if the two sides fail to reach a contract agreement before August 1. The company has begun trai…

7-17-23 Some workers spend an average of 3.2 days in the office weekly.

7-17-23 Michigan-based Anderson Economic Group (AEG), a think tank specializing in the economic impact of labor actions, has said that a threatened US strike at United Parcel Service (UPS) could be “one of the costliest in at least a century.” The strike could cost $7 billion for a 1…

1-16-23 Rep. Alexandria Ocasio-Cortez (D-NY) stopped by a Queens United Parcel Service (UPS) (NYSE: UPS) hub on Saturday to show support for workers who authorized their union on Friday to call a strike as soon as Aug. 1.

7-15-23 Hundreds of thousands of UPS drivers could go on strike by the end of the month, and the walkout could be the most expensive one in the U.S. in at least a century.

7-14-23 A new study says just a 10-day strike could cause more than four billion dollars in losses for customers and small businesses.

7-14-23 As actors joined writers on the picket line Friday, analysts estimated a prolonged walkout could result in a $3 billion hit to the economy. That’s bad news not just for creatives but also for…

7-14-23 Anderson Economic Group estimates a threatened U.S. strike at UPS could be "one of the costliest in at least a century," topping $7 billion for a 10-day work stoppage. The think tank factored into its thinking that ~340,000 union-represented UPS workers handle about a quarter of U.S. parcel deliveries and serve virtually every city and town in the nation.

7-14-23 As actors joined writers on the picket line Friday, analysts estimated a prolonged walkout could result in a $3 billion hit to the economy. That’s bad news not just for creatives but also for…

7-14-23 This would mark the company’s second strike in its history.

7-14-23 A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions.

7-14-23 New study shows UPS strike could cost billions in losses.

7-14-23 Our reliance on delivery gives the Teamsters a lot more leverage in UPS union negotiations.

7-14-23 A threatened U.S. strike at United Parcel Service could be “one of the costliest in at least a century,” topping $7 billion for a 10-day work stoppage, a think tank specializing in the economic impact of labor actions said on Thursday.

7-14-23 A UPS strike could start at the beginning of August, and the work stoppage could be the most expensive in at least a century, according to a new report.

7-14-23 The Anderson Economic Group estimates a threatened strike at United Parcel Service (UPS) could be "one of the costliest in at least a century," topping $7 billion for a 10-day work stoppage. The think tank factored into its thinking that ~340,000 union-represented UPS workers handle about a quarter of U.S. parcel deliveries and serve virtually every city and town in the nation.

7-13-23 "Consumers are going to feel this within days," AEG CEO Patrick Anderson said of a potential strike, adding his analysis does not include the human cost of disruption to shipments of critical and perishable medicines to treat cancer and other life-threatening illnesses.

7-13-23 Patrick Anderson, CEO of East Lansing-based Anderson Economic Group: “For each new full-time job created at a factory, typically two more jobs are created elsewhere in the state in relation to the plant. … It is a big multiplier effect that is related to those bona fide, new full-time jobs. …"

7-12-23 Consumers Energy Co. announced Wednesday a plan to actively focus on installing electric vehicle chargers at or near apartment buildings and condominium complexes by offering rebates of up to $7,500.The Jackson-based utility’s expanded PowerMIDrive program will provide the rebates to encourage…

7-11-23 Customers could see slower delivery of goods, higher prices on products and shipping, and yet another breakdown of the supply chain.

7-7-23 The last time United Parcel Service went on strike in 1997, Amazon was still just a jungle in South America to most US consumers. If they went online at all, they probably did it via dial-up modem, and rarely to shop.

7-6-23 Charging infrastructure’s return on investment is uncertain without EV volume, and without adequate charging options, consumers are unlikely to buy EVs, economists say.

6-27-23 Tyler Thiele, Anderson Economic Group.
How did the housing market fare in May?

5-8-23 There’ve been many twists and turns in the quest to create whitewater recreation in downtown Grand Rapids.

5-4-23 The electric vehicle debate: are the Big 3 and the industry are ready to make the plunge? Patrick Anderson appears on Fox 2's "Let it Rip."

4-26-23 The maker of Jeep SUVs and Ram pickups is making a voluntary separation offer to 31,000 hourly workers and 2,500 salaried employees in North America.

4-19-23 The surging inflation of the last year and more means that Michigan homeowners are paying property tax rates not seen in at least a generation. A law on the books in Michigan dating back to the mid-1990s caps the annual increase homeowners will see on their property tax bill at 5 percent. In…

4-18-23 “The EPA’s proposed rule cites press releases ... and statements by advocacy groups as evidence that this transformation is feasible,” Anderson posted on his LinkedIn page. “This is an extremely weak basis for ordering an entire industry to close down assembly lines and shutter factories while planning to build vehicles that have not yet been designed.”

4-18-23 Other states attempting to poach people to their states is not unusual. But this advertisement points to the recent repeal of the Michigan’s Right-to-Work law.

4-18-23 The list of eligible vehicles gets shorter on April 18. The federal government is subsidizing electric vehicle purchases as it encourages manufacturers to move production from China to the U.S.

"The EPA’s proposed rule cites press releases ... as evidence that this transformation is feasible," Patrick Anderson, CEO of the East Lansing-based Anderson Economic Group, said.... "This is an extremely weak basis for ordering an entire industry to close down assembly lines and shutter factories while planning to build vehicles that have not yet been designed."

4-13-23 Automakers have spent billions to get American drivers on board with electric vehicles. But supply chains and Tesla’s success threaten the revolution.

4-9-23 Because Michigan’s main source of road funding comes from fuel taxes, the state missed out on an estimated $50 million from electric vehicle drivers between 2019 and 2021, according to Anderson Economic Group for the County Road Association of Michigan.

4-3-23 The Detroit River is a busy shipping lane, but there weren’t a lot of ports available until now.

3-31-23 Gretchen Whitmer made addressing the state’s crumbling roads a rallying cry in her first, successful run for governor. But the issue appears to be on the backburner for now as Democrats pursue other legislative priorities.

3-24-23 President Biden lauded the Inflation Reduction Act for offering U.S. tax credits on Canadian-assembled electric vehicles during a speech at the Canadian Parliament in Ottawa Friday.

3-19-22 What's next? Repealing Michigan's right-to-work law is "symbolic, it's important and it will be noticed by every manufacturer in the United States," Patrick Anderson, CEO of the East Lansing-based Anderson Economic Group, told The Detroit News. "Our job ... just got a lot harder."

3-17-22 The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.

3-14-23 Anderson Economic Group Founder and CEO Patrick Anderson talks with Guy Gordon about the slowing increases in the Consumer Price Index, and the impact that the banking crisis might have on inflation moving forward.

Homeowners statewide will see at least a 5% increase when their summer property tax bills arrive in July, the highest jump in 28 years.

3-8-23 "I spoke with Anderson last year and he predicted then that the inflation adjustment for 2023 was already "baked in at 5%" for this year, given that inflation was extraordinarily high in 2022."

3-2-23 The writer, a Los Angeles freelancer and former Detroit News business reporter, blogs at Starkman Approved. This column first appeared on his blog.

2-28-23 Reductions come amid EV push -- and a month after top executives said the company wasn’t planning any layoffs this year despite economic pressures.

2-23-23 “Michigan's . . . auto industry is still our single most important industry and it's still very sensitive to economic health,” [Anderson] said. “Because its main product is sold to people who only buy a car when they feel confident enough to borrow money for the next three or four years.”

2-21-23 Gov. Gretchen Whitmer’s proposed $79 billion budget aims to allocate $10 million to transition the state’s automotive fleet to electric vehicles.

2-21-23 Utah has joined other state lawmakers in amending laws to make money off of electric vehicle (EV) use to put toward road construction and maintenance.…

2-12-23 ...there is sometimes a mismatch between what is paid and what services a taxpayer gets in return, said Patrick Anderson, principal and CEO of the Anderson Economic Group in East Lansing.

2-10-23 A report shows drivers of electric vehicles have more difficulty finding a charging station, even as demand increases. Fast charging stations are highly concentrated in urban areas across lower Michigan and not rural areas.

2-9-23 Funding for Michigan roads is in jeopardy. That’s according to a new study looking at how the switch to electric vehicles could impact Michigan roads.

2-9-23 Electric-car charging is getting worse when it needs to be massively improving if the industry wants to win over new customers.

2-7-23 A recent study by the Anderson Economic Group found the cost to fuel certain electric vehicles to be higher than…

2-4-23 According to a new study from the Anderson Economic Group, rising electricity prices—combined with softer gas prices—made EVs more expensive to fuel than gas-powered cars at the end of 2022.

2-2-23 Prospective EV-buyers shouldn’t lean on range to decide on going electric. They should dive into other variables, like ease of charging and cost.

2-1-23 Anderson Economic Group found, “In Q4 2022, typical mid-priced [internal combustion engine] car drivers paid about $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper than the amount paid by mid-priced EV drivers charging mostly at home”

2-1-23 Over three-quarters of Michigan residents still lack easy access to public fast EV charging stations despite recent additions to charging infrastructure across the state, a Michigan think tank said in a report. Focused primarily on DC fast charging, a report from Anderson Economic Group on the…

1-31-23 Patrick Anderson, CEO of East Lansing-based consulting firm Anderson Economic Group, said the profit-sharing checks will be “a welcome bonus to many autoworkers in Metro Detroit...”

1-30-23 The stance is notable among manufacturing-heavy states, but other factors are a drag on its attempts to attract businesses.

1-30-23 It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.

1-27-23 Sen. Joe Manchin, D-W.Va., last week introduced legislation — dubbed the American Vehicle Security Act — that would amend the Inflation Reduction Act’s consumer tax credit for new EVs so that the effective date of the required EV battery sourcing is no longer tied to Treasury’s release of proposed g…

1-26-23 Chasing "smokestacks," said Patrick Anderson, CEO of the East Lansing-based Anderson Economic Group, should not be the top goal. Building technological competence that can rival or surpass China and its Asian competitors — and assemble the finished product — is the richer target.

1-25-23 "The run-up in gas prices made EVs look like a bargain during much of 2021 and 2022," AEG's Patrick Anderson said. "With electric prices going up and gas prices declining, drivers of traditional ICE vehicles saved a little bit of money in the last quarter of 2022."

1-25-23 Deadhead miles and opportunity costs make electric vehicle ownership dramatically more expensive than just your average car powered by a gas engine.

1-25-23 A new report says states will need to find new ways to fund road maintenance. Currently, Michigan pays for road construction with a tax on gasoline and diesel, but as more electric vehicles take to the road, the highway fund is expected to shrink by tens of millions of dollars. Report author Patrick…

1-24-23 Patrick Anderson, CEO of the Anderson Economic Group in East Lansing, said the new proposal represented "a complete, open exemption" for government employee pensions.

1-24-23 The used EV market largely only has data on Tesla to lean on. But what used EV-buyers are willing to pay, and technology, will change.

1-23-23 Electric vehicles pay a surcharge on registration fees. Nearly everyone believes there are fairer ways to assess a fee to help pay for roads. Choosing one is the difficult part.

1-20-23 Most experts agree putting more electric vehicles on the road is a major step toward fighting climate change, but a new report says states will also need to find new ways to fund road maintenance. Currently, Michigan pays for road construction with a tax on gasoline and diesel, but as more electric…

1-20-23 "We've consistently talked about the time burden and the cost burden for installation and other requirements for electric vehicle owners as a significant impediment to driving an electric vehicle," said Patrick Anderson, CEO of consultancy Anderson Economic Group. "This is a significant barrier to mass adoption of EVs."

1-19-23 A lot of would-be EV buyers are becoming more interested in the used market as a way to drive a cleaner car without a hefty price tag.

1-17-23 Electric vehicle drivers pay around 70 percent to 80 percent of what owners of traditional vehicles pay toward Michigan roads and bridges and likely put more wear and tear on pavement because EVs are about 1,000 pounds heavier, according to a study released Tuesday.The analysis…

1-17-23 With electric vehicle owners not paying the state gas tax, a coalition is calling on state lawmakers to start a pilot program forcing EV owners to contribute more to the state’s road fund.

1-17-23 Electric vehicles are on the rise in Michigan. But their increased use could mean bad news for Michigan roads if the gas tax remains the main funding source for repairs, a new report found.

1-17-23 The options face several obstacles, including privacy concerns and legislators reluctant to create new forms of taxation.

1-17-23 The Michigan Transportation Fund collected more than $3.5 billion in revenue last year with about $1.4 billion coming from diesel and gas taxes, and all-electric vehicle drivers do not contribute.

1-17-23 "Of all the taxes we levy in the country, the road tax generally is considered the most fair and the most consistent," Anderson said. "The more weight you put on the road, the more miles you drive, the more gas tax you pay."

But without a formula to capture electric vehicle road use, it becomes difficult to maintain that parity, Anderson said.

1-17-23 Leaders from across Michigan will be in Lansing to discuss a report on the impact electric vehicles will have on road funding.

1-17-23 Leaders of the coalition said if action is not taken soon, it could result in a shortfall of $95 million in that year under current policy conditions, totaling a loss of nearly half a billion dollars between now and 2030.

1-6-23 Riverbank Theatre, Marine City MI has secured the match to a $500,000 Challenge Grant offered by the Moore family.

1-3-23 Lynn Family Stadium opened as the COVID-19 pandemic began in 2020 and since then has hosted games for the professional Louisville City and Racing Louisville teams. But no other work