The GM strike is really about the switch to electric cars
On the surface, the recent GM strike is a labor dispute. Deeper down it’s about a future of electric cars and automation. With competition brewing abroad, automakers and workers need to start working together. Learn more at MarketWatch.
From the outside looking in, the talks between the United Auto Workers’ (UAW) striking members and the management of General Motors look like normal disagreements over pay. In reality, they’re really about the future of cars in the U.S.
UAW members’ anxieties and uncertainties are actually shared by GM and most other automakers, which know that it’s no longer a question of when internal combustion engine cars will be replaced by electric vehicles, but how quickly the changeover will take place.