United Auto Workers' members have authorized a strike in case negotiations with the Big Three U.S. automakers (GM, F, STLA) fail. Autolist Editor-in-Chief David Undercoffler spoke with Yahoo Finance Live anchor Akiko Fujita about the significant pay differences between a union and non-union job in a comparable role. "EVs are much simpler to manufacture by several orders of magnitude," Undercoffler says, adding that the UAW is likely looking to the future in a bid to help protect their members' jobs. Also, Burnes Center for Social Change Senior Fellow Seth Harris joined the conversation saying the "critical issue" in the transition to EV manufacturing will be wages, with workers wanting to ensure they will still get the "same, quality wages in an electric vehicle battery plant that they were earning when they were helping to build internal combustion engine vehicles."
#youtube #stockmarket #auto
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