United Auto Workers (UAW) President Fain: The union will not expand the strike against Ford Motor (FN) for the time being.

U.S. Trade Representative Dai Qi: We are hopeful that the U.S.-EU steel negotiations will make progress in the next six weeks.

United Auto Workers (UAW) President Fain: We are committed to the total elimination of "grading."

Fain, President of the United Auto Workers (UAW): Factories currently on strike will continue to strike; inviting US President Biden to join our fight.

U.S. Trade Representative Dai Qi: The United States and Europe are approaching the October steel negotiation deadline, and we are doing a lot of work before the October deadline.

Fain, president of the United Auto Workers (UAW), said the union will hold strikes at 38 locations in 28 states.

Fain, president of the United Auto Workers (UAW) union, said workers at Stellantis (STLA.N) and General Motors (GM.N) have rejected profit-sharing proposals and will strike at all parts distribution centers.

United Auto Workers (UAW) President Fain: Ford Motor (FN) agreed to convert temporary employees with at least 90 days of employment to regular employees upon approval and also agreed to restore cost-of-living allowance (COLA).

United Auto Workers (UAW) President Fain: There are no concessions on the negotiating table.

United Auto Workers (UAW) President Fain: Ford Motor (FN) has agreed to an improved profit-sharing formula. There are still serious issues with Ford, but the automaker is serious about reaching a deal.

United Auto Workers (UAW) President Fain: We have won additional job security from Ford Motor Company (FN) amid layoffs.

United Auto Workers (UAW) President Fain: Ford Motor Co. (FN) made improvements in its contract proposal, including the right to strike against plant closures.

Fain, president of the United Auto Workers (UAW), said the union has made progress in contract negotiations with Ford Motor (FN).

UAW President Fain: Stellantis (STLA.N) and General Motors (GM.N) will need a tough push.

United Auto Workers (UAW) President Fain: The public is on our side.

Faraday Future (FFIE.O) once rose nearly 17% during the session and is now up 14.2%.

Market News: The United Auto Workers (UAW) strike will target parts plants of General Motors (GM.N) and Stellantis (STLA.N).

Research and consulting firm Anderson Economic Group: The automation strike has cost more than $1.6 billion.

The United Auto Workers union (UAW) will not expand its strike against Ford Motor Co (FN), sources said.

General Motors (GM.N) fell short-term, with gains narrowing to 0.12%, after rising nearly 2.5%. Stellantis (STLA.N) is now close to flat, after rising 1.5%.