Do You Work in the Auto Industry? We Want to Hear From You.
New York TimesJUL 2023
The Spin
Narrative A
The UAW must bring rational demands to the negotiating table as all three companies struggle to recover from pandemic-era supply-chain issues. A strike would be disastrous for the union as much as the automakers, considering the last one cost General Motors $4B — adding insult to injury for a struggling auto industry.
Narrative B
The UAW's demands are reasonable, considering how much it gave up in negotiations 15 years ago to help the three companies get back on track. The anticipated increase in electric vehicles also means the UAW needs assurances that there won't be wage or job losses for its members. The vote doesn't mean a strike will be called, but the automakers must ensure a fair deal for it to be called off.
Metaculus Prediction
There's a 50% chance that at least 10% of vehicles on US roads will be fully electric by 2030, according to the Metaculus prediction community.
