The United Auto Workers (UAW) union has initiated a strike, and understanding why they chose specific factories for shutdowns is key
The targeted factories include General Motors in Wentzville, Missouri, Ford in Wayne, Michigan, and Stellantis in Toledo, Ohio
These factories produce highly profitable vehicles like the Chevy Colorado, GMC Savana, Ford Rangers, Ford Broncos, Jeep Wranglers, and Jeep Gladiators
These vehicles are not electric and represent a significant source of profit for the Big Three automakers
President Joe Biden's regulations aim to phase out such vehicles by 2032 in favor of electric vehicles (EVs)
EVs have fewer components than gasoline cars, which could lead to job losses in the auto industry
Many factories producing traditional auto parts may have to close or retool for EV production due to Biden's EV mandate
This shift in focus has made UAW-organized factories in the Midwest less attractive for investment by car companies
The UAW seeks a 40% pay raise and the right to strike to prevent future plant shutdowns caused by Biden's policies
The union also desires guaranteed compensation during plant closures and automatic pay increases to combat the impact of rising inflation