GM's third-quarter sales jump 21% as UAW strike slowly expands

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GM's third-quarter sales jump 21% as UAW strike slowly expands
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An ongoing strike by the UAW union against the Detroit automakers had little to no direct effect on General Motors’ third-quarter U.S. new vehicle sales.

An ongoing strike by the UAW union against the Detroit automakers had little to no direct effect on General Motors' third-quarter U.S. new vehicle sales.

GM and other companies likely will face sales and supply chain problems if the UAW's strike, which began Sept. 15, is expanded or prolonged.The Detroit automaker on Tuesday reported a 21.4% increase in sales from July through September compared to still subdued sales in the third quarter of 2022, when the industry was still recovering from supply chain issues.

UAW has been gradually increasing the strikes since the work stoppages began, after the sides failed to reach tentative agreements by Sept 14. The targeted, orNational strikes affect the companies more quickly. The targeted walkouts aim to preserve the union's funds and prolong the work stoppages to keep the automakers off keel.

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