General Motors on Wednesday secured a new $6 billion line of credit and estimated that the cost of the United Auto Workers strike was $200 million ...

General Motors (GM.N) on Wednesday secured a new $6 billion line of credit and estimated that the cost of the United Auto Workers strike was $200 million during the third quarter, a company spokesman said.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:WORKFORCE #AUT #AUTO #AUTOMV #CARM #CARM1 #CMPNY #CYCS #CYCS08 #DISP #GEN #JOB #PUBL #WPAY #WEU #AMERS #US #EUROP #BLUX #EZC #NAMER #NL #RSBI:LITIGATION #SUSTAINABLE-BUSINESS #BACT #BIZ #CDM #CORPD #DBT #FIN #FINS #FINS08 #LOA #TOPNWS #TOPCMB #USAOH #USAMI #USAIN #NEWS1 #USAMO
GM locks in $6 billion credit line as strike costs rise

... General Motors Detroit-Hamtramck Assembly in Hamtramck, Michigan, U.S. ... Some losses could be recouped by boosting production schedules after a strike ...

U.S. automakers and union negotiators offered little hope a deal would be reached on Thursday to avoid a midnight walkoff that would be the United Auto Workers' first-ever simultaneous strike against the Detroit Three carmakers.#RSBI:WORKER-RIGHTS #RATI:SUPPLY-CHAIN #RATI:WORKFORCE #MTPIX #TOPNWS #AUT #AUTO #AUTOMV #CARM #CARM1 #CMPNY #CYCP #CYCP08 #CYCS #CYCS08 #DISP #GEN #INDG #INDG08 #INDS #INDS08 #JOB #NEWS1 #POL #PUBL #TOPCMB #WASH #WPAY #WEU #AMERS #US #IT #EUROP #BLUX #EZC #NAMER #USAOH #NL #USAMI #RSBI:LITIGATION #SUSTAINABLE-BUSINESS #EF:BUSINESS-WORLD-AT-WORK #LEGAL #REUTERS-LEGAL
Detroit Three strike deadline nears as sides remain far apart