GM Q3 earnings preview: Strike impact, EV investments cloud profit outlook

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Against the backdrop of bruising contract talks with the United Auto Workers (UAW), GM will report third quarter earnings on Tuesday morning.

Though UAW stand-up strikes only began near the end of the quarter, investors and analysts will be keen to hear what the impact of the staggered strikes will have on GM, the biggest US automaker by sales.

Whether those profit projections remain following the now 5-week labor strike against GM is another story. In addition to GM plants in Wentzville, Missouri and Lansing Michigan, the UAW is striking at all GM parts and distribution centers, crippling the automaker’s ability to service customers’ cars and provide parts to other assembly plants. Just this Monday morning the UAWto third-quarter profits due to the ongoing strike.

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