Search Results for ‘deal’

After reaching a tentative agreement with General Motors on Wednesday, the United Auto Workers has released a summary of the proposed labor contract. Contained within are wage hikes for GM autoworkers, lump-sum increases, a generous signing bonus, a removal of caps on profit-sharing payouts...

UAW negotiators and GM have reached a labor deal that both sides can live with. With that, there is an end in sight for the month-long strike that has cost both the union and the manufacturer dearly. Although the strike won't end immediately, the national GM council will gather in Detroit...

That $7B that GM is offering to the UAW in investments to help seal the latest contract talks between the two could go largely to new EV trucks and a new battery system according to a new report. GM's statement issued Saturday said that the company had proposed $7 billion in investments...