The UAW’s strategy of escalating, targeted strikes cost the Detroit Three and suppliers billions of dollars over more than 40 days.
General Motors and the United Auto Workers union on Monday reached a tentative agreement, two sources familiar with the matter told Reuters, effectively ending the
The GM workers will return to work after an official announcement of the agreement, two sources said. A GM spokesperson declined comment.The accord follows agreements reached in the last few days by the union with Ford Motor and Chrysler owner Stellantis, in what experts say stand as significant victories for auto laborersTalks at GM stalled Saturday because of issues such as pension and how fast temporary workers would get permanent work, sources have said.
For the first time, the UAW bargained with all three automakers at the same time, using the threat of strikes at key factories to accelerate a bidding war among the companies to avoid a new walkout. The UAW achieved substantial gains in pay and retirement benefits, and rolled back concessions on other issues it agreed to in contracts over the past 15 years.
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