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The vehicle Cruise has been developing along with GM is a purpose-built electric, autonomous model designed to be more spacious and passenger-friendly than a conventional, human-driven car.

ROMULUS, Mich. — Striking General Motors factory workers will put down their picket signs after approving a new contract that will end a 40-day strike that paralyzed the company’s U.S. production.

General Motors Co.’s chief labor negotiator suggested the United Auto Workers is dragging its feet in responding to the automaker’s latest contract offer in a show of frustration with a strike that’s lumbering toward the one-month mark.

The future of temps has been among the major impasses contributing to the United Auto Workers union’s strike against GM, now in its 25th day.

The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.

With its midyear recovery already in doubt, the American steel industry now has a little more to worry about with each passing day a strike drags on at General Motors Co.

The strike at General Motors Co. entered its fourth week with the United Auto Workers union and the carmaker at an impasse over investment in U.S. factories, overshadowing progress made in recent days on other key issues.

General Motors Co. posted a quarterly sales gain, and Ford Motor Co. sales fell less than expected. But both are having trouble shrugging off concerns that the U.S. auto market is taking a turn for the worse.

The workers strike at General Motors Co., currently in its third week, already may have cost the carmaker over $1 billion, JPMorgan analyst Ryan Brinkman wrote in a note to clients.

About 5,000 workers in Canada have been put on leave due to the United Auto Workers strike at General Motors Co. in the U.S., according to the union.