Why This Strike in Canada Could Be a Big Problem for General Motors
The workers that build one of General Motors' (NYSE: GM) best-selling products are now on strike. Workers at the Canadian factory that builds the hot-selling Chevrolet Equinox SUV walked out late Sunday night after contract negotiations broke down.
The strike has the potential to be an expensive hassle for GM. A protracted shortage of Equinoxes would make a meaningful dent in GM's bottom line. Here's what we know.
A strike at the Canadian factory that produces the hot-selling Chevrolet Equinox could become a big headache for GM. Image source: General Motors.
Source: Fool.com
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