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Top related persons:
George Downs - 1 walkouts - 1 Mary Barra - 1 Shawn Fain - 1 Tesla - 1 Elon - 1 Fain - 1 John Foley - 1
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GM’s Arlington , Texas Queens , New York U.S Detroit Wells GM’s Arlington
Top related orgs:
United Auto Workers - 2 General Motors - 2 Street - 1 Detroit’s - 1 Chevrolet - 1 Tahoe - 1 GMC Yukon - 1 Cadillac - 1

Search resuls for: "GM’s Arlington"


2 mentions found


☆ UAW Calls Strike on One of GM’s Largest and Most-Profitable Factories
  + stars: | 2023-10-24 | by ( Mike Colias | ) www.wsj.com   time to read: 1 min
UAW union members have been striking over job security and pay as automakers push forward in developing EV’s, which require fewer workers and cost more in raw materials. So what does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street JournalThe United Auto Workers expanded its strike against Detroit’s automakers with a walkout at one of General Motors ’ largest and most profitable factories, marking the second straight day of escalation by the union. About 5,000 unionized workers walked out of GM’s Arlington, Texas, assembly plant Tuesday morning, the union said. The plant makes several large sport-utility vehicles, including the Chevrolet Suburban and Tahoe, GMC Yukon and Cadillac Escalade, which are GM’s highest-profit-margin vehicles globally.
Persons: George Downs Organizations: Street, United Auto Workers, Detroit’s, General Motors, Chevrolet, Tahoe, GMC Yukon, Cadillac Locations: GM’s Arlington , Texas
☆ GM earnings give its restive workers an inch
  + stars: | 2023-10-24 | by ( Jonathan Guilford | ) www.reuters.com   time to read: +4 min
On Tuesday, GM reported strong earnings that will embolden staff who have walked out at all three of the big Detroit firms. GM beat analysts’ expectations for third-quarter profit despite a $200 million hit from the strikes that started in September. That said, the firm run by Mary Barra also ditched its official forecast as it wrestles with the $200 million weekly costs from labor disruptions. Fortunately for GM, talks with its union seem to have narrowed in from earlier demands that would have vaporized the industry’s operating profit. Ongoing strikes by the United Auto Workers union, which represents GM employees, cost the company $200 million in the third quarter.
Persons: walkouts, Mary Barra, Shawn Fain, Tesla, Elon, Fain, John Foley, Sharon Lam Organizations: General Motors Company, Reuters, United Auto Workers, General Motors, Ford Motor, GM, Cox Automotive, UAW, Elon Musk’s, United Auto Workers union, Detroit, Thomson Locations: Queens , New York, U.S, Detroit, Wells, GM’s Arlington
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