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UPDATE 12-UAW workers head for picket lines in first national strike against GM since '07 [Reuters]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Reuters
As talks falter, UAW calls first national strike against GM since 2007 - Reuters 6 Min Read DETROIT/WASHINGTON (Reuters) - The United Auto Workers (UAW) said on Sunday that its roughly 48,000 hourly workers at General Motors Co facilities would go on strike as of midnight on Sunday after U.S. labor contract talks reached an impasse, the first nationwide strike at GM in 12 years. “We do not take this lightly,” Terry Dittes, the UAW vice president in charge of the union’s relationship with GM, said at a news conference in downtown Detroit. “This is our last resort.” GM said in a statement that its offer to the UAW during talks included more than $7 billion in new investments, 5,400 jobs - a majority of which would be new - pay increases, improved benefits and a contract-ratification bonus of $8,000. “We have negotiated in good faith and with a sense of urgency,” the automaker said. Late on Sunday, U.S. President Donald Trump on Twitter urged the UAW and GM to “get together and make a de Show less Read more
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