... General Motors and Chrysler parent Stellantis out on strike, including those who went out on strike at Ford's cash-cow Kentucky pickup truck plant ...
French car parts maker Forvia (FRVIA.PA) on Friday posted solid organic sales growth for the third quarter, but warned that the spreading United Auto Workers strike will take a bigger bite out of revenue in October and could lead to layoffs.#RATI:FINANCIAL-RESULTS #RULES:RESULTS #AUT #AUTO #AUTPT #AUTPT1 #BACT #BIZ #CMPNY #COEN #COEN08 #COMBLD #CYCS #CYCS08 #GDY1 #INDS #INDS08 #ISER #ISER08 #PRIVT #PUBL #RES #RESF #CEEU #WEU #EUROP #EZC #AT #DE #FR #AUTOMV #CARM #BLUX #NL #FIN #TOPNWS #PXP #TOPCMB
Forvia warns of rising hit from UAW strike, considering layoffs
French car parts maker Forvia <a href="https://www.reuters.com/markets/companies/FRVIA.PA" target="_blank">(FRVIA.PA)</a> on Friday posted solid organic sales growth for the third quarter, but warned that the spreading United Auto Workers <a href="/business/autos-transportation/uaw-head-shawn-fain-hold-live-event-friday-amid-auto-strikes-2023-10-20/">strike</a> will take a bigger bite out of revenue in October and could lead to layoffs.