STLA - GM President Counters UAW's 'Flow Of Misinformation' Refutes 'Poverty Wages' Allegations | Benzinga
Negotiations between the Detroit Big Three automakers and the United Auto Workers union remain at an impasse, with a missed contract deadline leading to strikes against the auto companies.
Here’s the latest from General Motors Company (NYSE: GM).
What Happened: The UAW is asking for an increase in pay, a shorter work week and other benefits as part of new contract negotiations with General Motors, Ford Motor Company (NYSE: F) and Stellantis NV (NYSE: STLA).
Wednesday marks six days of targeted strikes by the UAW against the three automotive companies.
General Motors is out with new comments on the strikes and contract negotiations.
In a piece featured in the Detroit Free Press, GM President Mark Reuss wrote that the UAW's demands are untenable for the company's future prospects.
Reuss also criticized the leadership of the UAW for providing a "flow of misinformation” when it comes ...