The United Auto Workers union has officially started its strike against the big three U.S. car makers. Brian Moody, executive editor at Autotrader, joined 'Stretching Your Dollar' to talk about the potential blow back consumers could face as a result of the work stoppage. "The prices are going to go up but this isn't a strike that includes all brands," he said. "It's going to be a more gradual slow burn and some of the incentives that we've seen may go gradually away."

Share:
More In Business
January’s Blockbuster Jobs Report
Tom Graff, Chief Investment Officer, Facet, discusses what the latest jobs report says about this ‘pretty good’ labor market and why the market should worry less about the Fed’s next decision.
How to Save for Retirement the Right Way
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
Load More