GM CEO Mary Barra hands on with UAW talks: source
General Motors CEO Mary Barra met with United Auto Workers leaders Tuesday morning as the union's strike against the company is just shy of the one-month mark, according to a source familiar to the situation FOX Business has learned.
The meeting began around 9:30 a.m., the source said. GM shares rose on Tuesday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
GM | GENERAL MOTORS CO. | 57.62 | -0.09 | -0.16% |
This is believed to be Barra's second meeting with UAW leaders after she met with officials last week.
Local UAW chapter leaders were called to Detroit for a meeting Thursday, FOX Business confirmed. The meeting was believed to center on a tentative agreement.
Both GM's and UAW's headquarters are in Detroit.
The union called for a strike after expressing discontent with GM's profit-sharing formula, production of vehicles in Mexico, a potential change in health care cost-sharing and pathways for temporary workers.
FOX Business' inquiries to the UAW were not returned at the time of publication. GM declined to comment.
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FOX Business' Grady Trimble contributed to this report.