Volkswagen (VWAGY) workers at the automaker’s Chattanooga, Tennessee plant voted in favor of joining the United Auto Workers (UAW) labor union.
On Market Domination, Autoblog Editor-in-Chief Greg Migliore talks about the various significances that can be found in the UAW’s victory.
"This opens up a whole new market of potential union members. There’s factories that belong to Hyundai, Kia, Mercedes, Nissan… The Mercedes-Benz factory has a vote scheduled for May 13 [in Vance, Alabama]," Migliore says. "The success of the VW factory in Chattanooga, they had 73% of the workers approved it, taps into a broader mood of positive feelings for unions across the country right now."
#news #youtube #UAW
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance