AutoBeta(AutoBeta.net)10/03 Report--

According to overseas media reports, the United Auto Workers (UAW) strike against GM has been going on for 17 days, causing GM's sales in the United States to fall by 28% in September, with sales falling in three of the four brands.

Due to the failure of negotiations with the United Auto Workers (UAW), the UAW union decided to hold a nationwide strike of 49000 workers from September 16. The intensification of workers' strikes has led to the suspension of some GM production lines at more than 30 factories in the United States, as well as the suspension of work in GM parts warehouses and distribution centers.

October 2 news, the impact of the strike on General Motors is still expanding. Some factories are short of parts from striking factories and the factories are in a state of shutdown. GM chose to give way to a pickup truck factory in Seelau, Mexico, and a nearby transmission factory to stop production, involving more than 6000 workers.

As a result, three of GM's four brands fell, while Buick alone grew in September, with delivery up 4.8% year-on-year and 6.9% year-on-year under the GMC brand. Cadillac and Chevrolet sales fell 4.8% and 13%, respectively. However, GM's delivery volume still increased by 6.3% in the third quarter.

According to analysts, the strike is estimated to cost GM as much as $100 million a day in production costs. In addition, according to statistics, the strike lasted into the third week, and about 10,000 non-union workers in North America have lost their jobs as a result of the strike. So far, the strike has cost GM 1 billion dollars, and even if the strike is coming to an end, GM will not be able to recover it in the fourth quarter.

Even if GM does not have the deepest impact on the US economy, the US economy will still be hit by a long shutdown of its production operations in the United States and even throughout North America.

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