The GM Strike

The GM StrikeIf the GM strike lasts more than a few days, it could impact far more than the company and the thousands of UAW workers walking the picket line

What’s going on with the GM Strike?

If the General Motors strike lasts more than a few days, it could impact far more than the carmaker and the thousands of autoworkers who are walking the picket line.

The GM Strike is not currently affecting Ron Westphal Chevrolet.  We have a large inventory of parts/accessories in stock.  And, we have an extensive variety of new vehicle inventory in stock, ready for immediate delivery.

“It could be a surprisingly significant impact,’’ says Harley Shaiken, a professor in U.C. Berkeley’s graduate school of education who specializes in the study of labor.

Striking workers may hold onto their reduced pay a little tighter, meaning that local businesses, from the dry cleaner to the movie theater, could see their profits dip.

“If it turns into a more prolonged strike, which may well happen, well then you’re going to have tens of thousands of workers with less …  probably being a lot more careful about what they purchase,” says Erik Gordon, a professor at the University of Michigan’s Ross School of Business who closely follows the auto industry.

UAW workers must wait for smaller wage: UAW workers picketing GM must wait for $250 a week in strike pay

Source about the GM Strike: For every GM job, up to 7 other jobs are generated. Here’s how a strike affects the economy

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