[Vaquero]

UAW are major stockholders in GM. Some sort of fraud here.

[Da Coyote]

Given the GM crap foisted upon me during the 70s, I have absolutely no interest in EVER purchasing one of their products again. (I exclude my corvettes especially the ‘67 427 coupe I had. Yup stupid selling it!)

[G Larry]

Any "gains" for Union workers will not offset their losses from the strike.

GM benefits by limiting the projected excess inventory for 2020.

[Zathras]

GM engineers did its best design work since the 60’s on the new Corvette.
It has shaken the sports car market to its foundations.

And then the Union trashes its plans.

[chrisser]

The deal is likely about two weeks away from being finalized. It still needs approval from local union leaders and GM’s 48,000 UAW members, who’ve been on strike since Sept. 16.

By definition, none of these guys are working. What else are they doing that prevents the union from getting their approval within a day or two? It's going to take them half as long as the strike just to make a decision on the offer?

[Buckeye McFrog]

The UAW is always ready to party like its 1969.

[Kahuna]

This is horrible news for the Rat party.

[Bruce Campbells Chin]

I guess we have to wait to see the results, but this looks like a classic situation where GM may sign contract that will come back to bite them in the ass.

The Union has been pointing to all the money GM has been making since 2009, and arguing for "its share". The problem is that time period covers the longest peacetime expansion in history, when earnings are going to average higher than they will long-term. Wage rates/benefits/promises that may seem sustainable right now may look quite different when the inevitable downturn hits.

But...I suppose we're have to wait and see the deal itself because seeing if GM made promises it won't be able to keep.

[mowowie]

I was talking to a co-worker last night, a early 50ish guy like me and we both agreed that GM and Chevy needs to pay for and bring back the IROC-Z Camaro.
Make it affordable and that car will sell like crazy.
what other piece of crap do they plan on selling?