GM Won’t Intervene In Two-Month Old American Axle Strike - 05/01/08

Submitted by Doug Cunningham on April 30, 2008 - 4:27pm
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By Doug Cunningham

GM says it doesn’t want any part in settling the American Axle strike, despite the fact that the strike has cost GM $800 million and the lost production of 100,000 vehicles. The UAW strike was triggered by American Axle’s demand to slash wages in half and end future retiree pensions and health benefits.