Strike stats: What’s GM losing during the UAW walkout

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Negotiations between the UAW and General Motors resumed shortly after the strike began yesterday, which is good for both parties involved. Not only are the union workers losing pay, but the General is hemorrhaging copious amounts of cash as you read this. Some analysts contend that GM is losing between $100 to $300m per day while the work stoppage continues – something that the automaker can hardly afford to let continue.

A brief list of facts are posted after the jump that provide some perspective on what’s being lost, what’s at stake and how this will effect the automaker in the very near future.

[Source: Automotive News – Sub. Req.]

Continue reading Strike stats: What’s GM losing during the UAW walkout


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