Current:Home > StocksThe UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3 -Wealth Axis Pro
The UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3
View
Date:2025-04-14 01:11:43
The United Auto Workers union has reached a tentative contract agreement with General Motors, according to sources close to the negotiations on Monday.
The deals mean all three of the Detroit automakers have now clinched an agreement over the past week to bring a historic six-week strike to a close.
The tentative deals with GM, Stellantis and Ford still need to be individually ratified by the union's membership at those companies, and workers have the ability to send their representatives back to the bargaining table.
The details of the GM deal have not been released, but it's expected to closely mirror the tentative agreements with Ford and Stellantis, the parent company of Chrysler.
Those deals called for a pay increase of at least 25% for all workers, cost of living increases on top of that, and increases to retirement contributions. The Stellantis deal also included the reopening of an idled plant in Belvidere, Illinois, a major union priority.
GM was the remaining Big 3 holdout
General Motors, the last holdout among the Big Three automakers, was under intense pressure to strike a deal.
The union had clinched a deal with Ford on Wednesday and then sealed an agreement with Stellantis on Saturday.
But after failing to secure a deal with GM on Saturday, the UAW expanded its strike against the automaker, ordering workers to walk out at the Spring Hill plant in Tennessee, GM's largest facility in North America.
The plant also feeds engines to other plants, setting GM up for potentially very painful ripple effects if the shutdown had been prolonged.
The deals signal the potential end of a heated six-week strike that has pitted a union eager to claw back previous sacrifices against the "Big 3" U.S. automakers, which have been making record profits and are eying a tricky transition to electric vehicles. '
Still, there's no guarantees UAW workers will ratify the deals.
Just this month, the UAW announced a tentative deal with Mack Trucks — a manufacturer in the Volvo Group, and not part of the Big 3. But 73% of the membership rejected that contract, and the UAW and Mack Trucks are now back at the negotiating table.
veryGood! (6615)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Eric Bieniemy set to become next offensive coordinator at UCLA, per report
- He didn't want his sister to die. But her suffering helped him understand her choice
- Florida mom describes rescue after being held captive by estranged husband: I'd been pulled from hell
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Story of Jackie Robinson's stolen statue remains one of the most inspirational in nation
- In light of the Alabama court ruling, a look at the science of IVF
- The 11 most fascinating 2024 NFL draft prospects: Drake Maye, J.J. McCarthy drive intrigue
- A White House order claims to end 'censorship.' What does that mean?
- United Airlines is raising its checked bag fees. Here's how much more it will cost you.
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- 2024 SAG Awards: Carey Mulligan Reveals What She Learned From Bradley Cooper
- The NFL should be ashamed of itself that Eric Bieniemy has to coach in college
- Florida mom describes rescue after being held captive by estranged husband: I'd been pulled from hell
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Wake Forest fans collide with Duke star Kyle Filipowski while storming court
- NASCAR Atlanta race Feb. 2024: Start time, TV, streaming, lineup for Ambetter Health 400
- Decade's old missing person case solved after relative uploads DNA to genealogy site
Recommendation
Rylee Arnold Shares a Long
3 killed in Ohio small plane crash identified as father, son and family friend heading to Florida
Odysseus moon lander tipped over on its side during historic mission. How did that happen?
Olivia Rodrigo setlist: All the songs on 'Guts' tour including 'Vampire' and 'Good 4 U'
Most popular books of the week: See what topped USA TODAY's bestselling books list
United Airlines is raising its checked bag fees. Here's how much more it will cost you.
Love Is Blind’s Jimmy Defends His Comment About Not Wanting to Have Sex With Chelsea
Vin Diesel to stay with 'Fast and Furious' franchise after sexual assault lawsuit