GM Strike Cost Automaker Estimated $3 Billion, $18.5 Million in Lost Michigan Income Tax Revenue

The United Auto Workers’ strike against General Motors cost the company $1 billion in earnings and that number is expected to rise to $3 billion on the year, CEO Mary Barra said in a phone call with investors this week.

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REPORT: Former UAW Chief Joe Ashton Facing Fraud, Conspiracy Charges in Widening Bribery Scandal

Former United Auto Workers Vice President Joe Ashton is the unnamed union official in a federal criminal complaint who is accused of demanding $550,000 in kickbacks and bribes from vendors, The Detroit News reported.

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