UAW REACHES DEAL With GM, Ending STRIKE Against Detroit Automakers | The Left Wing

Описание: General Motors (GM.N) and the United Auto Workers (UAW) struck a tentative deal on Monday, ending the union's unprecedented six-week campaign of coordinated strikes that won record pay increases for workers at the Detroit Three automakers.

The accord follows deals the union reached in recent days with Ford Motor (F.N) and Chrysler-owner Stellantis (STLAM.MI) - significant victories for auto workers after years of stagnant wages and painful concessions following the 2008 financial crisis.

"We wholeheartedly believe our strike squeezed every last dime out of General Motors," UAW President Shawn Fain said in a video address. "They underestimated us. They underestimated you."

The union officially suspended its strike against the Detroit Three. UAW local leaders will come to Detroit on Friday to consider the deal with GM, before taking terms to all union workers for ratification.

Related article: https://www.reuters.com/business/auto...

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UAW REACHES DEAL With GM, Ending STRIKE Against Detroit Automakers | The Left Wing

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