CategoryManufacturing

GM says UAW strike cost US $1.1 billion, announces stock buyback, boosts dividend

uawstrike_0.jpg
GM said its new contracts with the UAW and the Unifor union in Canada would increase its labour costs by about $1.5 billion in 2024, or $500 per vehicle. (BLOOMBERG)
Author
LV
By:
Lindsay VanHulle
November 29, 2023 11:49 AM

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