Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (36259)	7/18/2005 1:47:15 PM
From: ild	Read Replies (1) \| Respond to of 110194

The Canadian Auto Workers Union (CAW) negotiates its master labor agreement with DaimlerChrysler, Ford and GM beginning July 19. Negotiations are likely to be more contentious than in previous years, increasing the risk of a strike. Pension benefits, wages, and job security are expected to be the key issues. The CAW will most likely target DaimlerChrysler to lead negotiations due to its relative financial strength and Canadian-based assembly of DCX’s popular 300, Charger, and Magnum models. An interruption in Canadian auto parts production could have a detrimental ripple effect throughout the U.S. supply chain, costing up to $1.32 million per hour in lost revenue at downstream plants halted due to parts shortages. While the probability of a CAW strike is less than 40%, even a short work stoppage would likely impact OEM and supplier earnings and share prices.