A Sweetheart Deal on Car Dealers After Auto Strikes

Oct. 29, 2023 10:30 am ET

The United Auto Workers’ strikes in Detroit have been costly for automakers. Car dealers barely got a scratch, but their stock prices don’t reflect that.

On Wednesday, Ford reached a tentative deal with the union, and Stellantis did so as well on Saturday. Although the UAW has expanded its strike at General Motors, a drawn-out strike now appears less likely.

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