Automotive News executive editor Jamie Butters discusses the expansion of the UAW strikes and its impact on car buyers.
The United Auto Workers escalated its strike against Detroit's Big Three automakers for the second day in a row on Tuesday, this time targeting General Motors' largest and most profitable facility.
Hours after GM reported its third-quarter earnings, the union announced it is shutting down the company's Arlington Assembly plant in Texas, sending its 5,000 workers there off the production lines and onto the picket lines.
Shawn Fain, president of the United Auto Workers (UAW), speaks to the crowd during a UAW rally in Detroit on Friday, Sept. 15, 2023. (Emily Elconin/Bloomberg via Getty Images / Getty Images)
«Another record quarter, another record year. As we’ve said for months: record profits equal record contracts.» UAW President Shawn Fain said in a statement announcing the move. «It’s time GM workers, and the whole working class, get their fair share.»
GM LOSING $200M A WEEK ON UAW STRIKE
GM's Arlington plant produces the automaker's Chevrolet Tahoes and Suburbans, GMC Yukons and Yukon XLs, and Cadillac Escadales and Escalade-V models.
General Motors Co.
In reaction to the strike action, GM issued a statement saying, «We are disappointed by the escalation of this unnecessary and irresponsible strike. It is harming our team members who are sacrificing their livelihoods and having negative ripple effects on our dealers, suppliers, and the communities that rely on us.»
FORD MOTOR CO., STELLANTIS LAYS OFF WORKERS, SAYS DISMISSALS ARE ‘DIRECT RESULT’ OF UAW STRIKES
GM CEO Mary Barra had addressed the UAW's strike in a letter to shareholders that accompanied the automakers' third-quarter earnings
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