Gm strike news10/13/2023 ![]() ™ & © 2023 Cable News Network, Inc., a Warner Bros. In anticipation of a potential strike, it built up its supply of vehicles. Shares of GM (GM) were down 3% in early trading. GM’s American plants are dark today, but the company still has plenty of cars to keep up with demand. But that is still a fraction of its overall deliveries, as it sold a total of 1.5 million vehicles in North America in the first half. But workers like Kelly have dug in and don’t plan to bend. The company hit its target of 50,000 EV sales in North America in the first half of the year and is on track to produce 100,000 EVs for the market in the second half of the year. No one knows how long the largest auto strike in more than a decade will last. GM replaced the expensive EV batteries in the recalled Bolts. “The charge reflects the conscious decision we made during the … recall to serve our customers in ways that go beyond traditional remedies, and we are taking new steps that will reduce GM’s costs and improve our EV margins over time,” said Barra. The latest charge reflects a change in that agreement with LG. Members of a General Motors (GM) subsidiary have set a strike deadline for 10 a.m. LG, the company’s battery supplier had already agreed to pay GM $1.9 billion to cover most of the cost of the recall. (WILX) - General Motors may have a strike at its Lansing Grand River plant. The company took a $792 million charge related to a recall of its Chevy Bolt to replace its EV battery, due to the fire risk posed by the electric car. “In my mind we can get to something that meets everyone’s needs without a strike.” “We think we can find an agreement that does the right thing for our employees but also allows GM to remain competitive,” she said. Subsidiary workers at several plants were set to begin striking at. Asked during an interview on CNBC Tuesday if there will be a strike, Barra said she’s confident a work stoppage can be avoided. DETROIT (FOX 2) - General Motors and the United Auto Workers reached a tentative agreement Thursday morning to avoid a strike. ![]()
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