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Members could still vote down the contracts, but it's likely they would bring labor peace to the domestic auto industry, at least until they'd expire on April 30, 2028.
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, two 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 are not authorized to speak...
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.
General Motors reached a tentative agreement with the United Auto Workers, potentially ending six-week strike.
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.