# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Cxf5mJgNuYT
- **Gondola URL:** https://gondola.cc/posts/17859162-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/d03f271d6c.jpg
- **Posted:** 2023-09-22T15:03:31.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

- A surge in UAW strikes threatens to disrupt auto production at GM, Ford, and Stellantis.

- The labor union has rejected the automakers' wage increase offers, demanding a 36% hike instead.

➡️ In premarket trading on Friday, General Motors Company’s shares have dipped by 0.4%, following a 1.5% decline on Thursday. Ford’s premarket performance is stable, after falling a 1.3% drop the previous day. Stellantis saw a 0.6% increase in its premarket trading.

➡️ On Thursday, the First Trust Nasdaq Transportation ETF, which comprises not only the three Detroit automakers but alsoTesla Inc., fell by 1.6%, hitting the lowest levels since mid-June 2023.First Trust Nasdaq Transportation ETF Chart
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#uawstrike #stockmarket

## Stats

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- **Likes:** 43
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## Tags

uawstrike, stockmarket

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