During a strike is the only time that GM doesn't have to pay them. That's why GM's stock price surged up this morning. This strike could save GM.
GM has enough excess inventory unsold that they can go for quite some time without any new production.
Likewise, since the union is already on strike, now would be a good time for GM to announce new plant moves to Alabama!
Part of the ripple effect would have been my plant if it hadn't been closed down last Dec. We were a stamping plant and under the JIT delivery system, we would have had to shut down all of our GM press line and assembly areas by the end of this week and laid off a number of employees....
>>GM has enough excess inventory unsold that they can go for quite some time without any new production.<<
They also have one or more plants in Mexico, but I don’t know how they are affected by the strike. Do you?