Home Procurement NewsGM secures new $6 billion credit line as UAW strike costs reach $200 million

GM secures new $6 billion credit line as UAW strike costs reach $200 million

October 4, 2023•

The new line of credit is “prudent” to bolstering GM’s balance sheet amid expectations that the union may expand and prolong strikes against the company.

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Last modified: October 4, 2023

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