By Lauren Fix
The current increase in insurance costs and the impact to consumers is directly correlated to car prices and the UAW strike.
Recalls on Kia, Hyundai and other brands are critical as governments, both local and county, are suing car manufacturers. But the money does not go to the residents that are effected, its actually a money grab and the money goes to the general funds of the government. They have their excuses as to why, but I tell you the truth behind the lawsuits, NHTSA and the impact of these lawsuits.
We also cover the UAW strike, job and electric cars. The UAW now has over 30,000 workers on strike in 22 States. Their demands are fixed and the UAW demands of the Big Three (Ford, GM and Stellantis) includes:
* 40% raise in wages over four years
* Reinstate cost of living adjustments (benefit lost in 2009)
* End tiered wage and benefit scale
* 32-hour workweek
However, electric vehicles are a huge parts of the strike issues. Workers are struggling and want to get this resolved quickly. Instead the UAW announced more layoffs at a Ford plant. This was a surprise strike of 9,000 workers at the Kentucky Truck Plant.
UAW President Shawn Fain called for a targeted strike of an estimated 9,000 workers late Wednesday with no warning at the Kentucky Truck Plant in Louisville, the Detroit Free Press confirmed. The Kentucky Truck builds the Ford Super Duty, Ford Expedition and Lincoln Navigator. The Ford Super Duty is among the most profitable products the Dearborn automaker sells.
This strike is far from over and the impact to drivers trying to get parts or a new vehicle is far from over.
Lauren Fix, The Car Coach®, is a nationally recognized automotive expert, analyst, author, and television host. A trusted car expert, Lauren provides an insider’s perspective on a wide range of automotive topics and aspects, energy, industry, consumer news, and safety issues.
Lauren is the CEO of Automotive Aspects and the Editor-in-Chief of Car Coach Reports, a global automotive news outlet. She is an automotive contributor to national and local television news shows, including Fox News, Fox Business, CNN International, The Weather Channel, Inside Edition, Local Now News, Community Digital News, and more. Lauren also co-hosts a regular show on ABC.com with Paul Brian called “His Turn – Her Turn” and hosts regular radio segments on USA Radio – DayBreak.
Lauren is honored to be inducted into the Women’s Transportation Hall of Fame and a Board Member of the Buffalo Motorcar Museum and Juror / President for the North American Car, Utility & Truck of the Year Awards.
Check her out on Twitter and Instagram @LaurenFix.