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The General Motors strike could cost the automaker $75 million per day if it continues (GM)

Business Insider Saturday, 21 September 2019 ()
The General Motors strike could cost the automaker $75 million per day if it continues (GM)· *49,000 General Motors workers went on strike this week, after contract negotiations between the automaker and the United Auto Workers labor union. *
· *Analysts at JPMorgan estimate that the strike could cost GM up to $75 million every single day. *
· *The new contract will set a precedent as the UAW begins negotiations...
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News video: UAW On Strike Talks: Progress, But Issues 'Unresolved'

UAW On Strike Talks: Progress, But Issues 'Unresolved' 00:42

The United Auto Workers union said Thursday that progress has been made to end a four-day old strike. However, the UAW says many issues 'remain unresolved,' and talks could continue into the weekend. According to Reuters, roughly 48,000 workers at General Motors are striking. A GM spokesman said that...

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