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The 2023 United Auto Workers strike was a labor strike ... result of the 2007–2008 financial crisis, ... auto parts plant in the Detroit suburb of ...
The 2008–2010 automotive industry crisis formed part of the 2007–2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry .
Chrysler was impacted by the automotive industry crisis of 2008–2010 which had contributed the Chapter 11 reorganisation. At the time, Chrysler was controlled by the private investment company, Cerberus Capital Management , which, along with other investors, purchased a majority stake in 2007.
Donald Trump touted his record for autoworkers during a speech at the Republican National Convention. The UAW pointed to Lordstown as rebuttal.
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A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009. Following dramatic drops in automobile sales throughout 2008, two of the " Big Three " U.S. automakers – General Motors (GM), and Chrysler ...
If value investors take a close look at the Detroit automotive industry, one company seems to stand out among the competition. This Is the Only Detroit Auto Stock Worth Owning Now Skip to main content