Key takeaways:
- The UAW’s strategy of negotiating and striking at all three automakers simultaneously appears to have paid off.
- The agreement between the UAW and GM follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend.
- The tentative agreement between GM and the UAW is a major victory for both sides, providing workers with improved wages and benefits.
The United Auto Workers (UAW) union has reached tentative agreements with Detroit’s Big Three automakers, Ford, General Motors and Stellantis, to end the six-week-long strike. A person briefed on the deal said it was to be announced early Monday.
The UAW’s strategy of negotiating and striking at all three automakers simultaneously appears to have paid off, with the union securing strong agreements from all three. The deal will last four years and eight months and includes 25% general pay raises and cost of living adjustments.
The agreement between the UAW and GM follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend. Union chief Shawn Fain did not get all of his demands, including a 32-hour week, but the UAW’s hardball tactics appear to have been successful.
The tentative agreement between GM and the UAW is a major victory for both sides. It will bring an end to the six-week-long strike and provide workers with improved wages and benefits. It is also a sign that the UAW’s strategy of negotiating and striking at all three automakers simultaneously was effective.
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