UAW Reaches Tentative Agreement with General Motors
Historic Economic Gains for Union Members
The United Auto Workers (UAW) and General Motors (GM) have reached a tentative agreement, providing historic economic gains for the UAW's members. The agreement comes after a series of hard-fought deals with the Detroit automakers.
Key Provisions of the Agreement
The tentative agreement includes the following key provisions:
- Annual general wage increases
- Reinstatement of the Cost of Living Adjustment (COLA)
- Increased hourly pay for assembly-line and skilled trades employees
Historic Wage Increases
The agreement provides significant wage increases for UAW members. Hourly pay at Ford will jump from $32.05 to $42.60 for assembly-line workers and from $36.96 to $50.57 for skilled trades employees. These increases represent historic gains for the union.
Next Steps
The tentative agreement will now be submitted to the UAW membership for ratification. If approved by the members, the agreement will become final and binding.
The UAW's tentative agreement with GM is a significant development in the automotive industry. It provides a roadmap for the union's negotiations with the other Detroit automakers and sets a new standard for wages and benefits in the industry.
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