Edition:
India

Anderson Economic Group Estimates GM Strike Impacted About 150,000 Workers Throughout Auto Industry


Tuesday, 8 Oct 2019 

Oct 8 (Reuters) - ANDERSON ECONOMIC GROUP::ANDERSON ECONOMIC GROUP - ESTIMATES UAW-GM STRIKE JUMPED FROM IMPACTING INITIAL 49,000 UAW WORKERS TO NEARLY 150,000 WORKERS THROUGHOUT AUTO INDUSTRY.ANDERSON ECONOMIC GROUP - THROUGH OCT. 6; WEEK 3 OF STRIKE, AEG ESTIMATED $660 MILLION IN LOST PROFITS FOR GM.ANDERSON ECONOMIC GROUP - THROUGH OCT. 6; WEEK 3 OF UAW-GM STRIKE, AEG ESTIMATED DIRECT WAGE LOSSES FOR ALL EMPLOYEES OF OVER $412 MILLION.ANDERSON ECONOMIC GROUP - THROUGH OCT. 6; WEEK 3 OF UAW-GM STRIKE, AEG ESTIMATED $9.1 MILLION IN LOST MICHIGAN INCOME TAX REVENUE.ANDERSON ECONOMIC GROUP - ADDITIONAL 75,000 EMPLOYEES OF AUTO PARTS SUPPLIERS HAVE EITHER BEEN TEMPORARILY LAID OFF/HAD WAGES CUT SINCE UAW-GM STRIKE.