GM Says More Product not Part of Labor Negotiations
Monday, July 18, 2021 5:08 PM

With labor negotiations looming, General Motors Co. said Monday it won't be making products just to put more United Auto Workers union members back to work, according to widely published reports.

 

The auto-maker's vice president of labor relations said any commitments to specific product lines would be based on market needs, not as a way to reach an agreement with the union, Reuters reported.

 

The union and GM are expected to begin talks July 27, and the union has said adding jobs is at the top of its list.

 

An obvious way for the union to get more jobs for members is to get GM to boost domestic production, Reuters said. The union, according to the news agency, would like to see GM add more jobs via more production at plants that are not producing at capacity.

 

GM, however, is reluctant to up manufacturing without a significant market recovery, Reuters said.

 

GM (NYSE:GM) was down 2.52 percent, or $0.75, to $20.03 near the end of Monday's trading day.


 

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