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FILE- In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. General Motors reports earnings on Tuesday, Oct. 24, 2023. (AP Photo/Richard Drew, File)

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Strikes trim profit at GM in an otherwise strong quarter; more losses likely if picketing spreads
October 23, 2023 midnight

Strikes trim profit at GM in an otherwise strong quarter; more losses likely if picketing spreads

And those figures include only factories that are on strike now with less than a third of the company's workforce on the picket lines, so if more plants are added by the United Auto Workers union, the losses will pile up further, CFO Paul Jacobson told reporters.