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Updated · Bloomberg · Jun 1GM Warns Michigan Truck Plant Could Shut Within 2 Weeks as Axle Supplier Strike Bites
7 articles · Updated · Bloomberg · Jun 1
- GM said a Michigan pickup plant could be forced to halt production later this month because it has only about two weeks of axle parts left.
- Dauch Corp. workers walked off the job in a labor dispute, cutting off a key supplier and creating the shortage threatening the plant.
- A GM spokesman said the automaker is closely monitoring the situation as the remaining inventory is used up.
- If the strike is not resolved quickly, the disruption could spread from the supplier to GM's truck output in Michigan within weeks.
One strike is threatening GM's most profitable trucks. How fragile is the entire American auto supply chain? As CEO pay soars, can a strike at one parts supplier reset the balance of power for all auto workers? With $8.4B in profits, why are workers fighting to regain wages they lost during the 2008 financial crisis?