More than 49,000 members of the United Auto Workers went on strike Monday against General Motors, bringing more than 50 factories and parts warehouses to a standstill in the union’s first walkout against the No. 1 U.S. automaker in over a decade.
Workers left factories and formed picket lines shortly after midnight in the dispute over a new four-year contract. The union’s top negotiator said in a letter to the company that the strike could have been averted had the company made its latest offer sooner.
The letter dated Sunday suggests that the company and union are not as far apart as the rhetoric leading up to the strike had indicated. Negotiations resumed Monday in Detroit after breaking off during the weekend.
But union spokesman Brian Rothenberg said the two sides have come to terms on only 2% of the contract. “We’ve got 98% to go,” he said Monday.
Union members picket outside a General Motors facility in Langhorne, Pa., Monday, Sept. 16, 2019. More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. (AP Photo/Matt Rourke)Wall Street did not like seeing the picketers. GM shares were down 4.25% to $37.21 in trading Monday on the New York Stock Exchange.