• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»GM, Stellantis dealers and customers face dwindling parts as UAW strike expands
Business

GM, Stellantis dealers and customers face dwindling parts as UAW strike expands

September 23, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

[1/5]Striking United Auto Workers (UAW) union workers picket outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 23, 2023. REUTERS/Dieu-Nalio Chery Acquire Licensing Rights

Sept 23 (Reuters) – U.S. auto workers expanded their strike on Friday with a clear target for distress: dealers who sell and service GM and Stellantis vehicles.

Selling and installing parts is one of the most profitable parts of the auto business, but it is also one of the most vulnerable, because the industry relies on just-in-time shipments. The strategy of choking parts delivery increases problems for some dealers who say it already had been difficult to source some components.

“It’s going to become near impossible to get a lot of these parts,” said Richard Fasulo, a diagnostic technician from Wappinger, New York, who works for a Cadillac franchise dealer and used car dealers. The broader strike, which targets 38 parts distribution centers owned by GM and Stellantis, “is going to have these shops telling their customers ‘We don’t know when we can fix your vehicle. It might be indefinitely.'”

Selling repair parts and service returns is the key to many dealers’ profits, and returns 40% or better gross profit margins for big auto retail chains such as AutoNation (AN.N) and Lithia (LAD.N).

“If your car doesn’t work, you’re just stuck. It’s just mean, don’t you think?” said Howard Drake, a GM dealership owner based in California, describing the difficult situation for customers needing repairs.”I thought the punishment would be in the form of adverse selection for customers with limited choice. I didn’t think it would be my lot stacked up with cars that I can’t fix because they won’t man a parts distribution center,” he said.

See also  Russian Strike on Odesa Leaves Historic Cathedral Badly Damaged

National Association of Auto Dealers President and CEO Mike Stanton said: “Dealers don’t want to see anything to limit our potential to serve customers, so we certainly hope automakers and the UAW can reach an agreement quickly and amicably.”

The UAW had been expected to expand their strike by shutting down plants that made the highest-profit vehicles, such as pickup trucks. But automakers have built up vehicle inventory and for many dealers problems with repairs will start soon.

“It’s definitely going to impact customers,” said Thomas Morris, 60, who went on strike on Friday at a General Motors parts distribution center in the suburbs of Philadelphia.

The center serves GM dealerships from Pennsylvania to Maine, moving some 30,000 parts for auto repairs each day, workers said.

GM said in a statement the company has “contingency plans for various scenarios” while Stellantis said it was awaiting a response from UAW to their “competitive offer” on Thursday and looking forward to a “productive engagement”.

Arthur Wheaton, director of labor studies at Cornell’s School of Industrial and Labor Relations, said the UAW had made a smart move.

“I think it is a great strategy going after the distribution centers,” he added. Services are big business, he said. “That’s how they make a lot of their money.”

Brad Sowers, the CEO of Jim Butler Auto Group which owns the largest Chevrolet dealership in St.Louis, Missouri, said if a deal is not inked in 60 days he’ll be upset, even though he had the foresight to load up on parts in anticipation of the strike.

See also  Browns' Njoku Played Game with 'Bonfire' Burns to His Face, Hands

“I just want them to get together and get it done,” he said.

Reporting by Abhirup Roy in San Francisco and Doyinsola Oladipo in New York and Jarrett Renshaw in Pennyslvania; editing by Peter Henderson and Shri Navaratnam

: .

Acquire Licensing Rights, opens new tab
customers Dealers dwindling expands Face Parts Stellantis Strike UAW
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026

Ford Recalls Over 4,000,000 Vehicles For Software Glitch

February 26, 2026

Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

February 22, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Disney Launches A.I. Task Force to Cut Costs

August 9, 2023

West Must Prepare for a ‘Long War in Ukraine’ Says NATO Chief

September 19, 2023

Eliud Kipchoge’s Next Feat: The Tactical Boston Marathon

April 16, 2023

Japanese trading houses rise as Warren Buffett raises stakes and says he may buy more

April 11, 2023
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Rep. Rich McCormick Introduces NDAA Amendment Banning Military Funding of Censorship

June 26, 2023

Deere profit beats forecast, 2023 outlook raised; shares jump 6%

February 20, 2023

Eroxon, First Over-The-Counter Erectile Dysfunction Gel, Gets FDA Approval

June 14, 2023
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.