UAW and General Motors Nearing Tentative Deal, Says Union Negotiator
October 20, 2023
Bloomberg
A senior United Auto Workers (UAW) negotiator has stated that General Motors (GM) and the union are on the verge of reaching a tentative agreement, potentially ending a month-long strike. While progress has been made, aspects regarding pay and pensions still need resolution. GM has proposed a 20% raise over four years, with Ford offering 23%, but the UAW contends that 20% falls short of their expectations.
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