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General Motors Faces $800 Million Loss Due to Ongoing UAW Strike | The Michigan Chronicle

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General Motors Co. revealed Tuesday that the ongoing United Auto Workers (UAW) strike has already cost the company $800 million. As the dispute continues, the financial burden grows by an additional $200 million weekly. Amid the strike, GM's third-quarter net income has seen a 7.3% decline, amounting to $3.1 billion. Furthermore, the adjusted earnings before … Continued

Source: Michigan Chronicle - Powered by Real Times Media

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