“Back in 2019, the UAW decided to strike against General Motors, the strike lasted 40 days, becoming the longest national walkout against the automaker since a 67-day strike in 1970. Nearly 50,000 workers became involved and shut down 33 manufacturing plants across the US, which GM reported cost them 300k units of production and US$4 billion. GM’s Silao and Ramos Arizpe plants in Mexico as well as its Oshawa plant in Canada were also impacted due to a parts shortage from the strike. As a result of the halted production, GM’s inventory fell from 795k units in August 2019 to 649k units in October 2019 and consequently, YoY sales dropped in September and October,” said Prodin of GlobalData*.