General Motors Says Still Have Not Received A Comprehensive Counteroffer From UAW Leadership To Our Latest Proposal Made On September 21; We Continue To Stand Ready And Willing To Negotiate In Good Faith To Reach An Agreement That Benefits Union Members
Portfolio Pulse from Benzinga Newsdesk
General Motors (GM) has not yet received a comprehensive counteroffer from the United Auto Workers (UAW) leadership to their latest proposal made on September 21. GM continues to express readiness and willingness to negotiate in good faith to reach an agreement that benefits union members.
September 29, 2023 | 3:11 pm
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NEUTRAL IMPACT
The ongoing negotiations between GM and UAW could potentially impact GM's operations and financial performance in the short term.
The outcome of the negotiations between GM and UAW could potentially affect GM's labor costs, operational efficiency, and overall financial performance. However, as the negotiations are still ongoing and the outcome is uncertain, the short-term impact on GM's stock price is neutral.
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