The UAW is striking against Ford(NYSE: F), General Motors(NYSE: GM), and Stellantis(NYSE: STLA) and it could cost the industry billions of dollars. What's at stake and when should investors get worried? That's what Travis Hoium discusses in this video.
*Stock prices used were end-of-day prices of Sept. 15, 2023. The video was published on Sept. 18, 2023.
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Travis Hoium has positions in General Motors. The Motley Fool recommends General Motors and Stellantis and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.