GM estimates UAW strike has cost carmaker $200M as walkouts reach Day 20

UAW strike cost GM $200 million in its first two weeks

By Chris Isidore, CNN New York (CNN) — The United Auto Workers union strike has cost General Motors $200 million since the work stoppage began two weeks ago, the company said Wednesday. The loss runs through the end of the third quarter, which closed on September 30. GM was relatively flush with cash heading into the strike, which started on September 15. Its strong cash position, and the record profits it earned in 2022 and the first half of th…

UAW strike cost GM $200 million in its first two weeks

The United Auto Workers union strike has cost General Motors $200 million since the work stoppage began two weeks ago, the company said Wednesday.

UAW strike day 20: Walkouts cost GM $200 million

The ongoing strike by the United Auto Workers has cost General Motors Co. $200 million and the Detroit automaker has established a $6 billion line of credit, according to a

GM estimates UAW strike has cost carmaker $200M as walkouts reach Day 20

General Motors revealed Wednesday that the ongoing strike by the powerful United Auto Workers union has cost the carmaker $200 million -- about six times what chief executive Mary Barra made in 2022.

GM says UAW strike cost $200 million over the first two weeks

General Motors Co. said a historic strike by the United Auto Workers has already cost $200 million in the first two weeks, prompting the company to secure credit as it braces for more losses.

UAW strike day 20: Walkouts cost GM $200 million

The ongoing strike by the United Auto Workers has cost General Motors Co. $200 million and the Detroit automaker has established a $6 billion line of credit, according to a filing Wednesday with the Securities and Exchange Commission. GM's move came on the 20th day of the union's unprecedented strike against it and crosstown rivals Ford Motor Co. and Stellantis NV. GM is the only automaker yet to be spared in one of the union's strike expansion …