UAW Strike Against GM Supplier Dauch Corp Continues
Roughly 1,000 UAW members at Dauch Corp remain on strike for higher wages while negotiations have yet to resume. GM currently holds a two-week supply of axles.
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Dauch Corp, formerly known as AMERICAN AXLE & MFG HOLDINGS, faces a complete halt in labor negotiations after 1,000 union workers launched a strike on Sunday. The walkout at the Three Rivers plant in Michigan threatens the supply chain for GENERAL MOTORS CO and its profitable heavy-duty truck lines. Investors are monitoring a two-week inventory window before GM production in Flint, Michigan, faces potential disruption.
