GM Beats Q3 2023 Estimates But Sees Income Decline Due To UAW Strike, Retracts Forecasts

General Motors (NYSE: GM) exceeded Wall Street’s expectations for the third quarter, despite grappling with ongoing labor strikes initiated by the United Auto Workers (UAW) union. These labor disputes have inflicted a weekly loss of approximately $200 million in vehicle production upon the automaker. Since commencing on September 15, these strikes have caused General Motors … Continue reading GM Beats Q3 2023 Estimates But Sees Income Decline Due To UAW Strike, Retracts Forecasts