Do these demands surprise?
How will this affect US located foreign car plants?
Look for big foreign made car tariffs to keep US car plants, if there will be any left, in business.
by Tyler Durden
Update (0800ET):
General Motors CEO Mary Barra told CNBC in an interview:
“I’m frustrated and disappointed. We don’t need to be on strike right now.
“We have a very generous offer on the table right now. It’s historic. From a wage increase perspective, it’s the most significant offer we’ve had in our 115-year history.”
Barra warned:
Strikes will “not be good for the economy overall.”
She added:
Strikes can be resolved “very quickly” after a “historic” offer from the automaker.
“I’m frustrated and disappointed. We don’t need to be on strike right now,” says $GM CEO Mary Barra. “We have a very generous offer on the table right now. It’s historic. From a wage increase perspective, it’s the most significant offer we’ve had in our 115-year history.” pic.twitter.com/RO6xrv1Yq2 — Squawk Box (@SquawkCNBC) September 15, 2023
Still, GM’s offer and Ford’s and Stellantis’ offers are still well below the demand threshold for the union.
… and then there’s this.
Major business group blames Biden for UAW strike https://t.co/UCkgYavUpF — POLITICO (@politico) September 15, 2023
Nice job pro-union Biden.
Be seeing you
MCViewPoint 
