10/30/2023

UAW, GM Sign Tentative Deal

If ratified, it will end the multi-week strike

The United Auto Workers (UAW) has reached a tentative contract deal with the last of the Big Three automakers, General Motors, bringing the industry close to ending a historic, six-week strike that has rattled the economy and brought record gains for workers.

The GM contract would need to be approved by UAW workers and comes just days after similar tentative deals with Ford and Jeep-maker Stellantis. The agreements would conclude the auto union’s first simultaneous strike against all three automakers.

The agreements mark the biggest compensation win the union has achieved in decades, including raises of 25 percent in base wages over 4½ years. The GM deal was confirmed by people familiar with the talks, who spoke on the condition of anonymity because the agreement is not yet public.

Please select this link to read the complete article from The Washington Post.