DANGER SEEN IF AUTO WORKERS GO ON STRIKE
May 8, 1990
DETROIT
The United Autoworkers Union will negotiate new contracts with each of the Big Three US auto makers this summer. ``If there is a strike, it would hurt more than a rise in the discount rate,'' says Arvid Jouppi of Keane Securities. ``It would set the industry back substantially.''
Worst of all, Mr. Jouppi says, any sales and market share lost because of a strike would be almost impossible to recover.