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Facing the loss of another $200 million this week to a lengthy strike, General Motors CEO Mary Barra wrapped up her weekend by going to the United Auto Workers' Detroit headquarters intent on getting a new contract.
The contract with General Motors is similar to those reached by Ford and Stellantis, but there are some differences.
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, three people briefed on the deal said. The agreement follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend. The deals will last four years and eight months and include 25% general pay raises and cost of living adjustments. Combined they bring the wage increase to over 30% over the life of the contract. The people briefed on the matter didn't want to be identified because they weren't authorized t...
DETROIT — Facing the loss of another $200 million this week to a lengthy strike, General Motors CEO Mary Barra wrapped up her weekend by going to the United Auto
An agreement between General Motors, Ford, and Jeep-maker Stellantis and the United Auto Workers union would include 25% general pay raises and cost of living adjustments. UAW President Shawn Fain called the deal “a turning point in the class war.”