GM has reached a deal with the UAW on a new contract, effectively ending the coordinated strikes at the Detroit big three automakers.
General Motors (GM) and the United Auto Workers (UAW) union have reached a tentative agreement, people familiar with the matter told The Epoch Times, effectively bringing to an end the first simultaneous strike against the Big Three automakers, which cost the U.S. auto industry hundreds of millions of dollars.
Details of the deal weren’t immediately available; GM officials declined to comment and the autoworkers’ union didn’t immediately respond to requests for further information. However, sources familiar with the talks said the terms of the agreement are similar to the ones the union reached with Ford and Stellantis, including a 25 percent pay increase.
GM’s latest officially disclosed offer, which was made public on Oct. 20, involved a 23 percent…
