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 <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> on Wednesday secured a new $6 billion line of credit and estimated that the cost of the United Auto Workers <a href="/business/autos-transportation/gm-furloughs-another-163-workers-due-uaw-strike-2023-10-03/">strike</a> was $200 million during the third quarter, a company spokesman said.