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Transcripts For BBCNEWS Verified 20240702

Has extended its strike to a giant General Motors truck plant in texas, saying the companys strong profits meant workers should get their fair share. Earlier today, General Motors reported its latest Quarterly Results showing better than expected profits, thanks to strong sales and what seems to be a limited impact for now from the strikes that have been going on for several weeks. General motors has however withdrawn its full year forecast due to uncertainty over the strikes, which are costing the company 200 million a week. Lets speak to our north America Business correspondent, michelle fleury, in new york. General motors occurred be General Motors occurred be the General Motors occurred be the focus General Motors occurred be the focus of an extension of the strikes. They want their workers to get the fair share. ,. ,. ,. , share. Yes, we heard from General Motors this share. Yes, we heard from General Motors this morning share. Yes, we heard from General Motors this morning when s

Transcripts For BBCNEWS World 20240702

Mean . Revenue, the overall money it made was up mean . Revenue, the overall money it made was up 5 mean . Revenue, the overall money it made was up 596. That mean . Revenue, the overall money it made was up 596. That was mean . Revenue, the overall money it made was up 596. That was how mean . Revenue, the overall money it made was up 596. That was how much | mean . Revenue, the overall money it i made was up 596. That was how much it made was up 5 . That was how much it was able to bring in. In terms of cost of the strike, which everyone was curious about how it would impact, so for the costs have racked up impact, so for the costs have racked up to 800 million and the companys chief Financial Officer said in a call that each week that passed without a new contract negotiated cost 200 million in lost production. Given the size of its balance sheet, it is weathering it well. It acknowledged it would have to face higher labour costs going forward, but obviously no deal is there yet. An

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