UAW's 'legacy' at GM

General Motors lost $10.6 billion in 2006. GM lost another $38.7 billion in 2007, the largest annual loss in automotive history. Through the third quarter of 2008, GM lost another $21.2 billion.

On Sept. 24, 2007, a year during which GM lost an average of $3.2 billion per month, the United Auto Workers launched a national strike against the company, ordering the shutdown of 80 GM plants in the United States. More than 73,000 UAW-represented factory workers walked off the job and hit the picket lines.

The UAW said that GM had failed to address job security issues during negotiations.

"No one wants to see GM go down the tubes," said picketing Jim Brown. "But we have to keep our standard of living, and GM is going to have to cooperate."

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