UAW hits GM again, striking at automaker's largest plant

The United Auto Workers escalated its strike against Detroit's Big Three automakers for the second day in a row on Tuesday, this time targeting General Motors' largest and most profitable facility.

Hours after GM reported its third-quarter earnings, the union announced it is shutting down the company's Arlington Assembly plant in Texas, sending its 5,000 workers there off the production lines and onto the picket lines.

«Another record quarter, another record year. As we’ve said for months: record profits equal record contracts.» UAW President Shawn Fain said in a statement announcing the move. «It’s time GM workers, and the whole working class, get their fair share.»

GM LOSING $200M A WEEK ON UAW STRIKE

GM's Arlington plant produces the automaker's Chevrolet Tahoes and Suburbans, GMC Yukons and Yukon XLs, and Cadillac Escadales and Escalade-V models.

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In reaction to the strike action, GM issued a statement saying, «We are disappointed by the escalation of this unnecessary and irresponsible strike. It is harming our team members who are sacrificing their livelihoods and having negative ripple effects on our dealers, suppliers, and the communities that rely on us.»

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GM CEO Mary Barra had addressed the UAW's strike in a letter to shareholders that accompanied the automakers' third-quarter earnings earlier in the day. She said the company's latest proposal to the union would mean the majority of GM workers would make $40.39 per hour, or roughly $84,000 a year by the end of the four-year term of the contract.

«Since negotiations started this summer, we’ve been available to bargain 24/7 on behalf of our represented team members and our company,» Barra wrote. «They’ve [the UAW] demanded a record contract — and that’s exactly what we’ve offered for weeks now: a historic contract with record wage increases, record job security and world-class healthcare.»

«It’s an offer that rewards our team members but does not put our company and their jobs at risk,» Barra added. «Accepting