The UAW has gone on strike at Arlington Assembly and GM called the move an escalation of an unnecessary and irresponsible strike
The UAW has expanded their strike against General Motors in a move seemingly designed to overshadow the company’s third quarter earnings. Starting with the strike, roughly 5,000 employees at Arlington Assembly walked off the line this morning. The plant builds full-size SUVs including the Cadillac Escalade, Chevrolet Tahoe / Suburban, and GMC Yukon. These models are extremely profitable for GM, so the lack of production will hit their bottom line pretty hard once existing inventory dries up.
The union thinks this is proof the company can afford to meet their demands and UAW President Shawn Fain said, “Another record quarter, another record year. As we’ve said for months: record profits equal record contracts.” GM slammed the move and called it an “escalation” of an “unnecessary and irresponsible strike.
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