Current:Home > FinanceThe UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3 -Capitatum
The UAW reaches a tentative deal with GM, the last holdout of Detroit's Big 3
View
Date:2025-04-12 22:27:37
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! (9)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Federal prosecutors charge 8 in series of beer heists at Northeast rail yards, distribution centers
- Oakland A's to play 2025-27 seasons in Sacramento's minor-league park
- Gypsy Rose Blanchard Shares She’s Undergoing Cosmetic Surgery
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Video shows massive gator leisurely crossing the road at South Carolina park, drawing onlookers
- Biden is touring collapsed Baltimore bridge where recovery effort has political overtones
- This Los Angeles heist sounds like it came from a thriller novel. Thieves stole $30 million in cash
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- More than 1 in 8 people feel mistreated during childbirth, new study finds
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- Bachelor Nation's Daisy Kent Reveals Why She Turned Down the Opportunity to Be the Bachelorette
- Don't stop looking up after the eclipse: 'Devil comet,' pink moon also visible in April
- Everything You Need To Get Your Feet Toe-tally Ready for Sandal Season
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Bachelor Nation's Daisy Kent Reveals Why She Turned Down the Opportunity to Be the Bachelorette
- What Sean Diddy Combs Is Up to in Miami After Home Raids
- Judge denies Trump's motion to dismiss documents case
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Reese Witherspoon Making Legally Blonde Spinoff TV Show With Gossip Girl Creators
Judge rejects Trump’s First Amendment challenge to indictment in Georgia election case
Effortlessly Cool Jumpsuits, Rompers, Overalls & More for Coachella, Stagecoach & Festival Season
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
2 million Black & Decker garment steamers recalled due to burn hazard: What to know
Police officers’ trial on civil rights charges in Tyre Nichols death to stay in Memphis, judge says
Tennessee lawmakers pass bill to require anti-abortion group video, or comparable, in public schools