- The Canadian auto workers union says thousands of factory employees will strike at two General Motors (NYSE:GM) plants if a Monday night contract deadline is missed.
- Unifor President Jerry Dias says several weeks of negotiations with GM officials have not achieved the union’s stated goal of securing commitments for future production at GM's Canadian plants; the union has chosen GM as the target company in talks that will set a pattern for negotiations with Ford (NYSE:F) and Fiat Chrysler (NYSE:FCAU).
- A strike would disrupt the supply of the engines that go into the biggest versions of GM's sport utility vehicles including the Chevrolet Suburban and Cadillac Escalade, among the company's biggest money makers.