United Auto Workers union members strike at a General Motors assembly plant in Arlington, Texas, that builds the full-size SUV sport utility vehicles.
Mandatory Credit: James Breeden/Reuters
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GM says strike cost it $1.1 billion - but it could post record profit this year
A 46-day strike took only a modest bite out of General Motors earnings for 2023, and America’s largest automaker said it expects profit to bounce back to near or above record levels this year regardless of the higher labor costs, forecasts of weaker car prices and other headwinds.
