The UAW and General Motors are far away on several key points that could take a week or more to resolve earlier than a tentative agreement is reached, two people aware of the talks informed the Free Press on Thursday.
That additionally means the strike might last a minimum of two weeks longer if the UAW acts on a plan in regards to keeping members on the picket lines until the GM rank and file votes to ratify
People close to the discussions cautioned that breakthroughs could come rapidly, speeding a resolution.
Within the meantime, UAW leadership has instructed regional directors to meet with the leaders of union locals over the subsequent few days to brief them on the talks, stated the sources.
The developments came as costs to each side mount on day 11 of the longest UAW strike since 1985. Anderson Economic Group, an East Lansing-based consultant, mentioned On Thursday that General Motors probably have lost profits of $113 million till now, and is now losing money at the rate of $25 million a day. It stated UAW members and workers at supplier firms laid off a total $266 million in direct wages.
GM turned itself on a decision it made early within the strike that angered the union on Early Thursday. It mentioned that it has to decide now to pay health care costs of workers rather than leaving that to the UAW. The union, though, appeared to be not impressed.
About 46,000 GM UAW members went on strike at GM’s plants since Sept. 16. The 2015 deal with GM expired at midnight Sept. 14. GM had made an initial offer for a new contract two hours earlier; however, the UAW turned it down.
At GM, a spokesman refused to talk on that status of negotiations, repeating the company’s standard line that “They proceed to speak, and their objective stays to reach an agreement that builds a stronger future for their employees and the company.”