Let's Make a Deal: GM, UAW Reach Tentative Agreement in 11th Hour
General Motors and the United Auto Workers union reached a deal Sunday night, minutes before the union’s midnight deadline, averting any strike for now, according to the automaker.
The deal will be sent to the union’s UAW National GM Council for discussion and vote on Wednesday. The union’s national council is composed of local leaders. If approved, the agreement would head to workers for ratification.
Neither the UAW or GM released specific details of the agreement.
“We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future,” UAW President Dennis Williams said in a statement. “We look forward to presenting the details of these gains to local union leaders and the membership.”
A clear path to full pay for Tier 2 workers and a larger cut of GM’s record profits were some of the issues discussed during this year’s bargaining.
“The significant gains in this agreement are structured in a way that will provide certainty to our members and create a clear path for all GM employees now and in the future. The agreement not only rewards UAW-GM members for their accomplishments, but it protects them with significant job security commitments,” UAW Vice President Cindy Estrada said in a statement.
“The new UAW-GM national agreement is good for employees and the business,” Cathy Clegg, GM North America Manufacturing and Labor Relations vice president said, according to the automaker. “Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace.”
The UAW represents 52,600 workers at General Motors.
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- Inside Looking Out You should care. With GM will die America. All signs are there. How about the Arsenal of Democracy? Toyota?
- DenverMike What else did anyone think, when GM was losing tens of billions a year, year after year?
- Bill Wade GM says they're killing Android Auto and Apple Carplay. Any company that makes decisions like that is doomed to die.
- Jeff S I don't believe gm will die but that it will continue to shrink in product and market share and it will probably be acquired by a foreign manufacturer. I doubt gm lacks funds as it did in 2008 and that they have more than enough cash at hand but gm will not expand as it did in the past and the emphasis is more on profitability and cutting costs to the bone. Making gm a more attractive takeover target and cut costs at the expense of more desirable and reliable products. At the time of Farago's article I was in favor of the Government bailout more to save jobs and suppliers but today I would not be in favor of the bailout. My opinions on gm have changed since 2008 and 2009 and now I really don't care if gm survives or not.
- Kwik_Shift I was a GM fan boy until it ended in 2013 when I traded in my Avalanche to go over to Nissan.
Was it ever really in doubt? It's SOP to do this tactic and it isn't a surprise to see it used here.
Enviable pay and benefits, coupled with guaranteed job security. Why, you'd almost think GM is a government agency. Oh, wait....