GM Reportedly Closing Mexican Truck Plant Due To Workers' Strike

The transcript discusses a parts shortage in Mexico due to a US workers strike, leading to 6000 layoffs at a GM plant in Salou. The strike involves over 45,000 UAW members and began after failed negotiations with GM. Key issues include pay, healthcare, and profit sharing. The strike has cost GM over a billion dollars. Recent proposals and counterproposals between GM and UAW are ongoing.

What is the estimated cost of the strike to GM according to GP Morgan?

What was the response of the UAW's vice president regarding GM's proposal?