'General Motors and UAW Are Far Apart In Talks, People Familiar Say'
Portfolio Pulse from Benzinga Newsdesk
General Motors (GM) and the United Auto Workers (UAW) union are reportedly far apart in their ongoing contract negotiations, according to sources familiar with the matter.
September 20, 2023 | 3:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The ongoing contract negotiations between General Motors and the UAW are reportedly not progressing well, which could potentially lead to labor unrest and disruptions in GM's operations.
Labor unrest and disruptions can have a significant impact on a company's operations and profitability. If the negotiations between GM and the UAW continue to stall, it could potentially lead to strikes or other forms of labor unrest, which would disrupt GM's operations and could negatively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100