GM braces for costs of UAW strike with $6B credit line

4-10-2023 Business NY Post - Business 35

General Motors set up a $6 billion line of credit as it braces for the costs the ongoing United Auto Workers strike, a Securities and Exchange Commission filing showed. The Detroit-based Chevy-maker’s 364-day revolving credit line will mature on Oct. 1, 2024, the SEC document filed early Wednesday showed. A company spokesperson told The Post...

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