A very good post. Spot on! I don’t disagree.

However, it is naive to think a big corporation like GM, with the most market share in the US is going to turn around and write a feel good story for the UAW. UAW are already getting a 4% raise, a huge ratification bonus, and a great profit sharing plan. Apple Corp could pay their Apple Store workers the same UAW wage they will be getting now, but they won’t. Toyota could pay their Mexican Tacoma assemblers the same wage as their Texas Tacoma assemblers, but they won’t.

lots of shoulda, but the world does not work this way.

 

Saved GM from bankruptcy? They went bankrupt, period. NGMCO Inc was allowed to purchase the assets of old GM mainly due to the $33 billion dollar government loan.

 

Only on paper, for a very brief period. They never actually shut down operations or went out of business (at least for Chevy, GMC, Buick, and Cadillac), thanks to the money-grants from both the UAW and the other sources I mentioned. The other four divisions, of course, folded......but that had been previously planned anyway, bankruptcy or no bankruptcy .

 

Whatever makes you feel better about GM but they went bankrupt the original corporation of General Motors no longer exists, don't believe me try to sue them. And yes it's all on paper that's kinda how this all works.

 

i kinda hope gm goes out of business so we don't have to have another thread like this.

 

We won't necessarily have to have another thread like this, even if GM does stay in business. Better management in the future on their part, and more sensible decisions, will prevent one.

 

An apparent deal to end the part of the strike affecting Volvo-owned Mack trucks has been reached. The UAW struck mack Trucks on Oct. 12.

https://www.foxbusiness.com/industri...tive-agreement

 

OK, bit...it's up to you, but, if you want to close the thread, IMO now's probably as good a time as any. The big GM strike is now pretty much over. The UAW rank-and-file membership, by 57-43% voted to approve the latest contract proposal. Here are some links with the details:

https://www.washingtonpost.com/busin..._alert-economy

https://www.freep.com/story/money/ca...te/4057059002/

UAW negotiations with Ford are next...but I doubt that it will be a strike of this magnitude, if at all.

 

Over

https://www.cnn.com/2019/10/25/busin...ote/index.html

The long General Motors strike is finally over, as workers approve

he long General Motors strike is finally over, as members of the United Auto Workers union voted in favor of a four-year labor deal to end the walkout.


The rank-and-file members voted 57% in favor of the deal, according to the union. The labor contract was reached between union and company negotiators on Oct. 16, but strikers remained on the picket lines until it was ratified.
GM plants will resume work as soon as possible, with some workers returning over the weekend and others on Monday, according to two company sources familiar with plans.
The strike by nearly 50,000 hourly GM workers started Sept. 16, nearly six weeks ago. It is the largest against a US business since the last GM strike 12 years ago. But that strike was over in less than three days. This strike is the longest auto industry work stoppage in more than 20 years, and the longest nationwide auto strike in 50 years. GM has lost about $1.75 billion due to the walkout, according to an estimate from Anderson Economic Group, a Michigan research firm.The deal was reached between union and company negotiators more than a week

 

Should stay open for some post community discussion. IMO