Three weeks into the United Auto Workers strike, signs of progress have emerged in talks between the union and General Motors.
The last time shares of GM dropped below $30 a share during intraday trading was on Oct. 1, 2020, according to FactSet.
General Motors Co. shares added to losses Thursday following a news report saying that the carmaker may be facing a massive recall in connection with defective air-bag inflators.

GM makes counteroffer to UAW in strike talks

12:15pm, Thursday, 05'th Oct 2023
General Motors said on Thursday it had made a counter offer to the United Auto Workers (UAW) in a bid to end a strike by the union against the U.S. automaker.
The UAW is expected to provide an update on the negotiations tomorrow, leaving us to wonder whether they will further expand the strike or make progress at the bargaining table.

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08:03am, Thursday, 05'th Oct 2023
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Third quarter U.S. sales figures from the Big Three automakers indicate that an ongoing strike by the United Auto Workers (UAW) has had little impact on the companies' sales so far.
General Motors Company (NYSE:GM) has secured a $6 billion line of credit 20 days into the United Auto Workers union strike, according to a filing with the Securities and Exchange Commission.  The au
The United Auto Workers union strike has cost General Motors $200 million since the work stoppage began two weeks ago, the company said Wednesday.
The new line of credit is "prudent" to bolstering GM's balance sheet amid expectations that the union may expand and prolong strikes against the company.
Paul Jacobson, CFO of General Motors, joins 'Halftime Report' to discuss General Motors locking in a new six-billion dollar line of credit, the status of contract negotiations, and more.
Ford delivers 500,504 vehicles in the U.S., including 20,962 all-electric vehicles, in the third quarter.
A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industri
General Motors on Wednesday estimated that the cost of the United Auto Workers strike was $200 million during the third quarter, a company spokesman said.
General Motors set up a $6 billion line of credit as it braces for the costs the ongoing United Auto Workers strike, a Securities and Exchange Commission filing showed. The Detroit-based Chevy-maker's
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