GM talks take 'turn for the worse'

GM wants to show Wall Street it is more assertive than the company that collapsed into bankruptcy a decade ago. The union is confronting membership declines, a federal corruption investigation, and dissent from within.

GM wants to boost productivity to offset financial pressure from a slowing global economy and investments in electric vehicles. Reuters and Wards Intelligence report the number of vehicles GM built in USA per U.S. employee fell to about 19 in 2018, down 13.5% from the 2010 level.

Here’s a news roundup (updated 10-14-19) and timeline of the ongoing United Auto Workers Strike at General Motors along with a list of suppliers that have been effected. 48,000 UAW members across the country have been on strike since September 16, 2019. Healthcare, wages, job security, the use of temporary workers are some of the key unresolved issues. #UAW #GM #GMStrike #Automotive #SupplyChain #LaborRelations