1028 GMT - The United Auto Workers union is one of the most mentioned entities in the news over the past six hours, according to Factiva data, after thousands of UAW members went on strike at plants owned by General Motors, Ford Motor and Stellantis. The walkouts, the first to hit all three Detroit automakers simultaneously, affected factories in Michigan, Ohio and Missouri. They came after the union and the car companies failed to reach a new labor deal for about 146,000 U.S. factory workers by the 11:59 p.m. ET deadline. UAW President Shawn Fain said more sites could go down if talks with the automakers stall. GM, Ford and Stellantis combined produce about half of the roughly 15 million vehicles made in the U.S. annually. Shares of GM and Ford were 1.4% and 1.7% lower, respectively, in premarket trading; Stellantis was 0.7% higher. Dow Jones & Co. owns Factiva. (farah.elias@wsj.com)

(END) Dow Jones Newswires

September 15, 2023 06:43 ET (10:43 GMT)

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