UAW Workers Walk Off Jobs
By Brendan Moore
11:31 a.m.: UAW union workers have walked off the job at multiple locations and have started picketing outside in some of those locations after a union-imposed deadline to contract negotiations passed at 11 a.m. EDT.
GM has more than 80 U.S. production sites and more than 73,000 UAW workers employed at their plants. The company’s supply of vehicles for its core U.S. market could be in jeopardy if the strike drags on for any significant time. Because of recent sales downturns, GM has many day’s supply of almost all of it’s top-selling vehicles, so dealers will have ample stock to sell, but a long strike will hurt GM and its retail dealers in terms of vehicle availability.
This is the first GM labor strike of any consequence since 1984, when the UAW struck 25 facilities for 13 days.
The UAW strike comes after two months of negotiations with Detroit’s Big 3, 21 days of negotiations with GM, after the UAW singled out GM as its so-called strike target, and 10 days after the original strike deadline passed.
More details to follow.
COPYRIGHT Autosavant.net – All Rights Reserved