GM Outlines EV Investment Plans, Which Will Increase US Wages, Says UAW
(CTN News) - The United Auto Workers union announced a tentative agreement with General Motors (GM.N) that includes plans............
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(CTN News) - The United Auto Workers union announced a tentative agreement with General Motors (GM.N) that includes plans............
The UAW released more details of its tentative 4-1/2 year deal with GM <on Saturday. The tentative deal was first announced on Oct. 30
DETROIT (Reuters) -The United Auto Workers union said its tentative contract deal with General Motors includes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations. "We won this round," UAW President Shawn Fain said in a video address on Saturday. Now that preliminary approvals for all three contracts are done, UAW leaders will spend the next two weeks working to win "yes" votes from rank-and-file union members at the Detroit Three.
GM promised the Equinox EV will be its affordable EV starting around $30,000. It will, but not until next year. The first ones out will be pricier.
The United Auto Workers on Monday reached a tentative agreement with General Motors Co., ending a 46-day-long strike and marking the union's third deal struck with the Detroit Three automakers