The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
Workers at a major auto parts plant in Michigan are poised to return to work after a brief strike, alleviating the threat of a supply disruption for carmakers Ford Motor Co., Tesla Inc. and Fiat Chrysler Automobiles NV.
The United Auto Workers called the strike after failing to reach a tentative contract agreement with Faurecia SA. A tentative deal has been reached, Misty Matthews, a Faurecia spokeswoman, said by phone.
Faurecia’s plant in Saline, about 40 miles west of Detroit, employs 1,900 UAW members. The factory makes instrument panels, center consoles and other parts and supplies them to Ford, Tesla and Fiat Chrysler.