General Motors, On UAW Strike, Says Have Contingency Plans For Various Scenarios And Are Prepared To Do What Is Best For Business, Customers, And Dealers; Will Continue To Bargain In Good Faith With The Union To Reach An Agreement As Quickly As Possible
Portfolio Pulse from Benzinga Newsdesk
General Motors (GM) has stated that it has contingency plans in place for various scenarios amid the ongoing UAW strike. The company is prepared to do what is best for its business, customers, and dealers. GM will continue to negotiate in good faith with the union to reach an agreement as soon as possible.
September 22, 2023 | 5:21 pm
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The ongoing UAW strike may impact General Motors' operations, but the company has contingency plans in place. GM is negotiating with the union to reach an agreement soon.
The ongoing UAW strike could disrupt GM's operations, potentially affecting its stock price negatively in the short term. However, GM's contingency plans and ongoing negotiations with the union may mitigate some of these potential impacts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100