General Motors shared the following message to GM manufacturing employees from Gerald Johnson in response to the UAW’s Facebook Live on September 29: “We still have not received a comprehensive counteroffer from UAW leadership to our latest proposal made on September 21. Calling more strikes is just for the headlines, not real progress. The number of people negatively impacted by these strikes is growing and includes our customers who buy and love the products we build. For our part, we continue to stand ready and willing to negotiate in good faith to reach an agreement that benefits you and doesn’t let the non-union manufacturers win. Our current, record proposal that is on the table offers historic wage increases and job security while not jeopardizing our future. We’re here to reach an agreement so we can all get back to work, and that remains our 100% focus. Be safe.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GM:
- F, GM Rise, STLA Falls as Strikes Continue and Expand
- UAW expanding strikes at General Motors and Ford, sparing Stellantis
- UAW’s Fain says Ford, General Motors ‘haven’t made meaningful progress’ in talks
- Genuine Parts added to ‘Tactical Outperform’ list at Evercore ISI
- O’Reilly Automotive added to ‘Tactical Outperform’ list at Evercore ISI
