Current:Home > NewsThe UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3 -CapitalTrack
The UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3
View
Date:2025-04-17 14:49:06
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! (442)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- UN Report: Despite Falling Energy Demand, Governments Set on Increasing Fossil Fuel Production
- Hollywood actors agree to federal mediation with strike threat looming
- Miss a credit card payment? Federal regulators want to put new limits on late fees
- $73.5M beach replenishment project starts in January at Jersey Shore
- U.S. files second antitrust suit against Google's ad empire, seeks to break it up
- Let Your Reflection Show You These 17 Secrets About Mulan
- Friends Actor Paxton Whitehead Dead at 85
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Save $95 on a Shark Multi-Surface Cleaner That Vacuums and Mops Floors at the Same Time
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Warming Trends: Increasing Heat is Dangerous for Pilgrims, Climate Warnings Painted on Seaweed and Many Plots a Global Forest Make
- Trump’s Interior Department Pressures Employees to Approve Seismic Testing in ANWR
- Warming Trends: Couples Disconnected in Their Climate Concerns Can Learn About Global Warming Over 200 Years or in 18 Holes
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Scientists Join Swiss Hunger Strike to Raise Climate Alarm
- The CEO of TikTok will testify before Congress amid security concerns about the app
- Exxon announced record earnings. It's bound to renew scrutiny of Big Oil
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Congress tightens U.S. manufacturing rules after battery technology ends up in China
How the pandemic changed the rules of personal finance
The return of Chinese tourism?
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
These Are the Black Beauty Founders Transforming the Industry
Ex-staffer sues Fox News and former Trump aide over sexual abuse claims
Gwen Stefani Gives Father's Day Shout-Out to Blake Shelton After Gavin Rossdale Parenting Comments