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

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Wall Street is carefully watching for the United Auto Workers' new deal with the Detroit automotive giant.

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 with the other major automakers soon. Visit Business Insider's homepage for more stories.

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 with the other major automakers soon. Visit Business Insider's homepage for more stories.

 

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The UAW should be paying the wages of the Cdn Auto Workers who can't go to work while they are on STRIKE!

Cry me a goddamn river of $35 billion in profits

Bring him in

Let it burn. Unions are a scam

So they can clearly afford to hand out a couple thousand a year more for the labor that produces that value...

Stock goin down, nice

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