Workers, car owners, dealers and GM feel pinch from strike

[Yo_Mama_Been_Loggin]

DETROIT — As the United Auto Workers’ strike against General Motors stretches into a second week, it’s not just the company and striking workers getting pinched.

With many replacement part warehouses shut down, dealers are beginning to run short of components to repair cars, trucks and SUVs. And companies that make auto parts are also starting to see work slowdown. Dealer inventory of new vehicles is holding up but starting to get depleted on a few models.

Meanwhile, GM is losing millions of dollars and has been forced to close one Canadian factory and send workers home at another. The 49,000 striking workers are going to have to get by on $250 per week in strike pay.

This doesn’t even include the restaurants and other businesses around the more than 30 U.S. factories that have been closed due to the strike. And the longer the strike lasts, the worse it will get for everyone.

https://www.heraldnet.com/business/workers-car-owners-dealers-and-gm-feel-pinch-from-strike/

[Wellstone ruled]

1. GM estimates it will take a hit of 100 million per day.