Strike Is Costing GM $1.1 Billion And Denting The Automaker's Legacy

The video discusses GM's historical innovation through Motorama concept cars and its current challenges due to a strike by nearly 50,000 workers. The strike has significant economic implications, with GM potentially losing $1.1 billion and workers losing $624 million in wages. GM has attempted to address the strike by offering improved compensation and benefits, but negotiations have worsened. The union demands increased US auto production and job relocation from foreign plants, affecting global operations.

What new insight or understanding did you gain from this video?