Some Auto Suppliers Have High Exposure to Possible VW Strike -- Market Talk

Dow Jones11-23

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)

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UBS analysts say in a research note that risks from the VW strikes have mostly flown under the ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GNTX","symbol_name":"真泰克","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2485213473","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485213473","pubTimestamp":1732304340,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1438 ET - Certain auto suppliers will face a rockier road if Volkswagen workers go on strike next month. 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