SEARCH BLOG: AUTOMOBILE
The United Auto Workers have called a strike against GM. That's their right. GM will simply wait for negotiations to resume and progress to be made. That's their right.
The union members will lose significant money during times that are already pretty tough for many. GM will lose some production on cars that are popular now. The union members may be able to recoup their lost income if the strike doesn't go on too long and they can get some overtime to get production caught up to demand. GM may be able to prevent lost retail sales if the strike doesn't go on too long and they can boost production temporarily.So right now, it's pretty much posturing on both sides.
But the real issue is how the buying public perceives all of this.
I suspect that there are many who will see this as one more example of why American automobile manufacturers and unions are irrelevant for the future American automotive market. Union people will have no love for GM and non-union people will think that union-produced vehicles are over-priced and of poor quality... being made by greedy, lazy workers.You'd think that both sides could see the writing on the wall by now. Perhaps they are just too close to the wall and writing appears fuzzy.