ROMULUS, Mich. — Striking General Motors factory workers will put down their picket signs after approving a new contract that will end a 40-day strike that paralyzed the company’s U.S. production.
October 25, 2019BusinessLogistics
GM Losing Patience With UAW Over Nearly Monthlong Strike
General Motors Co.’s chief labor negotiator suggested the United Auto Workers is dragging its feet in responding to the automaker’s latest contract offer in a show of frustration with a strike that’s lumbering toward the one-month mark.
October 11, 2019GovernmentBusinessLogistics
GM Factory Hands Making 40% Less Than Their Coworkers
The future of temps has been among the major impasses contributing to the United Auto Workers union’s strike against GM, now in its 25th day.
October 10, 2019GovernmentBusinessLogistics
GM Strike Seen Forcing Credit Firms to Mull Action
The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.
October 9, 2019GovernmentBusiness
GM Strike Sends Another Knock to Wobbly US Steel Sector
With its midyear recovery already in doubt, the American steel industry now has a little more to worry about with each passing day a strike drags on at General Motors Co.
October 8, 2019Business
Union Says Talks With GM Have ‘Taken a Turn for the Worse’
The strike at General Motors Co. entered its fourth week with the United Auto Workers union and the carmaker at an impasse over investment in U.S. factories, overshadowing progress made in recent days on other key issues.
October 7, 2019Business
GM and Ford Can’t Shake Anguish Over US Sales
General Motors Co. posted a quarterly sales gain, and Ford Motor Co. sales fell less than expected. But both are having trouble shrugging off concerns that the U.S. auto market is taking a turn for the worse.
October 2, 2019BusinessLogistics
GM Strike May Have Cost Over $1 Billion So Far, JPMorgan Says
The workers strike at General Motors Co., currently in its third week, already may have cost the carmaker over $1 billion, JPMorgan analyst Ryan Brinkman wrote in a note to clients.
October 1, 2019GovernmentBusiness
GM Strike in US Leads to 5,000 Layoffs in Canada, Union Says
About 5,000 workers in Canada have been put on leave due to the United Auto Workers strike at General Motors Co. in the U.S., according to the union.
September 23, 2019BusinessLogistics
GM Makes Concessions on Big-Ticket Employee Health Care
As GM was nearing the expiration of its labor contract with the union last week, the carmaker sought to have hourly workers pay 15% of their health care costs, according to sources familiar with the talks. But by the time the company presented UAW with a deadline offer, GM walked back the proposal and called for keeping contributions steady at about 4%, said the sources.
September 18, 2019