GM And Striking Union Workers Fail To Reach Agreement

The nationwide strike by United Auto Workers against GM has entered its fourth week, with negotiations deteriorating. UAW Vice President Terry Dittes expressed disappointment over GM's counterproposal, which made minimal changes to previously rejected terms. The union criticized GM for not valuing its workers' contributions. GM, however, stated its commitment to ongoing negotiations, emphasizing good faith and beneficial proposals. The strike is causing significant financial losses, with GM losing up to $90 million daily and workers losing over $30 million collectively. Nearly 50,000 GM employees are on strike.

What issues did the union's offer to GM address?

• Product design

• Marketing strategies

• Wages, signing bonuses, job security, and pensions

• Environmental policies

How did GM respond to the union's offer?

• By presenting a previously rejected proposal

• By proposing a new deal

• By halting negotiations

• By accepting the offer

What was the union's reaction to GM's counterproposal?

• They were indifferent

• They were optimistic

• They were pleased

• They were disappointed

What commitment did GM express in response to the failed talks?

• To negotiate around the clock

• To lay off workers

• To reduce production

• To increase wages

What is the estimated daily profit loss for GM during the strike's fourth week?

• $110 million

• $70 million

• $50 million

• $90 million