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. The deal follows the pattern set with
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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 publicly about the deal. It was to be announced later Monday.
The UAW reached a tentative agreement last week with Ford and it wasted no time in hitting GM where it hurts financially as the strike enters its seventh week.