GM - Stop the Wars at Home and Abroad!

Courageous UAW strike ends with few gains

November 26, 2019 UNAC Editor Labor Struggles

by David Jones, published on Socialist Action, November 14, 2019 Some 47,897 United Automobile Workers (UAW) ended their six-week strike against U.S. auto manufacturing giant General Motors on October 31. Fifty UAW-organized plants were closed across the country with the union demanding increased job security, a gateway for temporary workers to become permanent, better pay and to retain healthcare benefits.[…]

GM Layoffs Could Cost 40,000 Jobs

December 25, 2018 UNAC Editor Labor

Photo: GM’s Detroit-Hamtramck assembly plant is slated for closure. (Elaine Cromie / Detroit Free Press) by Jeff Mackler, published on Socialist Action, December 18, 2018 For public consumption only, General Motors’ billionaire executives flew on public airlines to Washington, D.C., in 2009, leaving their private jets behind. Bleeding $1 billion in monthly losses, and threatening bankruptcy, this corporation—once the world’s[…]

GM Shareholders Get Boost and Workers Get the Boot

December 22, 2018 UNAC Editor Financial Vultures, Labor

Photo: Eduardo Lima / The Canadian Press by Gary Porter, published on Socialist Action, December 16, 2018 On Nov. 29, analysts making 12-month price forecasts for General Motors Co. projected $45.16 per share—an increase of almost 23 per cent over the current $36.76. This is great holiday news, if you are shareholder. That includes the GM directors who receive 60[…]