GM presses for 'around-the-clock' talks to end UAW strike

GM presses for 'around-the-clock' talks to end UAW strike

General Motors officials are urging the United Autoworkers Union (UAW) to agree to around-the-clock negotiations in an attempt to speed the resolution of a nearly monthlong strike. 

The company's top labor relations official, Scott Sandefur, accused UAW officials of not promptly responding to the company's latest offer to promise investment in U.S. manufacturing facilities and suggested they "engage in bargaining over all issues around-the-clock to get an agreement," according to a letter obtained by CNBC.

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“Your members and our employees’ lives are being disrupted, and they deserve our commitment to getting any remaining issues resolved as quickly as possible,” the letter reportedly reads.

GM workers have marched on picket lines for 26 days after voting to walk out in protest of the company's attempts to shutter some U.S. locations, including a plant in Lordstown, Ohio. UAW members have pressed the company to guarantee the production of future vehicle lines in the U.S. to avoid the closure or sale of other GM facilities.

UAW Vice President Terry Dittes, who was the recipient of the Thursday letter from GM officials, reportedly responded in his own letter that the union would “continue to work towards reaching a Tentative Agreement between the parties" but did not commit to longer negotiating hours.

The strike is reportedly costing the company tens of millions of dollars per day in lost revenue and a more than 10 percent decline in GM's stock prices over the last month.

Nearly 50,000 UAW members are involved in the strike, according to CNBC, and GM said in a statement earlier this week that it continues “to negotiate in good faith with very good proposals that benefit employees today and builds a stronger future for all of us."

"We are committed to continuing discussions around the clock to reach a resolution," the company added.