With the American Axle and Manufacturing (AAM) strike that began on 26 February finally ending, General Motors' finance department got out the abacus and calculated that the stoppages both at some of its own plants (over in-house issues that needed settling with local United Auto Workers branches) and at several key AAM plants would cost it about US$2bn pre-tax in the second quarter.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable