Local UAW Officials Appeal To General Motors (NYSE:GM) On A Temporary Shutdown Of Its Texas-Based SUV Plant


The Bargaining Committee of the United Auto Workers union (the local chapter) calls upon General Motors (NYSE:GM) to undertake a temporary shutdown of its SUV plant in Arlington. They cite the resurgence of the rise in the number of persons suffering from deadly COVID-19.

The intriguing trend of infections

The unveiling of data on the COVID-19 outbreaks is worrying, and the bargaining committee has noted that with great concern. It reaches out to the company seeking to push it to close down until the point a flattened curve is achieved. The committee promises to continue in its efforts to advocate for the wellness of its members.

The website has an important message pointing to the current state of affairs. It is a dire state of affairs considering the new records in terms of the numbers that continue to getting infected in the Dallas-Fort Worth area.

The previous week, the governor of Texas, Greg Abbott came out to give some remarks regarding the plans in line with dealing with the pandemic. He said that the re-opening plans will not go as it was planned. The move touches on the closure of bars, cutting down indoor dining capacities, among other closure and modification moves.

This announcement was made after a significant rise in the number of persons the coronavirus cases in Texas. Reports put the figure standing at about 79%. This was a percentage reflecting a figure of about 4,757 new cases every day, and that was undoubtedly a worrying trend.

GM’s reaction

GM and some other automakers are heeding to the call, and one could tell that looking at the extensive safety measures they have been embracing lately. They are also conforming to some safety procedures; all meant to help flatten the fast-rising curve.

There is also another announcement about a plunge in sales for GM’s China sales. That was witnessed over the second quarter, and there is cause for alarm considering the significant drop. Reports point out to a company that has underperformed the industry recovery, and the management deems it necessary to do something to change the situation.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.