Strike Is Costing GM $1.1 Billion And Denting The Automaker's Legacy

The video discusses GM's historical innovation through Motorama concept cars and its current challenges due to a strike by nearly 50,000 workers. The strike has significant economic implications, with GM potentially losing $1.1 billion and workers losing $624 million in wages. GM has attempted to address the strike by offering improved compensation and benefits, but negotiations have worsened. The union demands increased US auto production and job relocation from foreign plants, affecting global operations.

What challenges is General Motors facing due to the recent strike?

How has the strike impacted the workers of General Motors?

What measures has GM proposed to its workers during the strike?

What are the demands of the United Auto Workers union regarding auto production?

What effects has the strike had on GM's production capabilities in foreign plants?