What’s going on with the GM Strike?
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