The United Auto Workers union strike has cost General Motors $200 million since the work stoppage began two weeks ago, the company said Wednesday.

As of September 30, the third quarter had ended, and the loss runs through the end of the quarter. Before the strike began on September 15, GM had relatively little cash on hand. As a result of its strong cash position and record profits in 2022 and the first half of this year, the UAW has been able to demand significant pay and benefit increases from its members.

During the first week of the strike, the UAW shut down just one assembly line at each company, although GM had to shut down operations at its nearby Fairfax Assembly plant in Kansas City, Kansas, as it relies on stampings from Wentzville after the closure of its Wentzville, Missouri, plant.

A series of 18 parts and distribution centers operated by GM as well as 20 by Stellantis also went on strike during the second week. It also went on strike at Ford’s Chicago assembly plant and at GM’s Lansing Delta Township Assembly plant this past Friday, the second-to-last day of the quarter.

However, GM still reported strong car sales in the third quarter, up 21% over a year ago. The company’s production and inventory of vehicles on its dealerships’ lots were limited because of a lack of parts, particularly computer chips.

As of June 30, GM had $23.1 billion in cash on hand, up from $19.2 billion at the beginning of the year. In terms of “automotive cash,” GM has about $16 billion, excluding the cash set aside for its financial services units and the Cruise unit developing self-driving cars.