1438 ET - Certain auto suppliers will face a rockier road if Volkswagen workers go on strike next month. UBS analysts say in a research note that risks from the VW strikes have mostly flown under the radar for investors in North American auto suppliers. But they note that suppliers with global presence may have large exposure to a potential work stoppage. They point out that Gentex, Mobileye Global, Magna and others get more than 10% of revenue from VW. VW and the IG Metall union failed to reach a deal in the latest round of negotiations. The union could begin walkouts next month. (ben.glickman@wsj.com; @benglickman)
(END) Dow Jones Newswires
November 22, 2024 14:39 ET (19:39 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。