Mexican Media Brands
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
#labor #workforcedevelopment
Share
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 hourly workers in the U.S.
Neither party has offered details about the tentative accord. The pact will be reviewed on Thursday by the union’s GM Council, which must approve the agreement before it goes to UAW members for a vote.
The council also will decide whether to end the strike against GM facilities in the U.S. that the union began on Sept. 16. The walkout has cost GM roughly $100 million per day, or about $2 billion to date, in lost earnings.
The main issues in this year’s negotiations have been support for existing GM plants, the path to fulltime employment for temporary hires and the amount of healthcare costs shouldered by workers.
RELATED CONTENT
-
Cheerio Car Shows (?)
While there is all manner of consternation regarding Brexit in the U.K. and the E.U.—the issue of the Brits departing from the European Union—there is an exit of another sort that could conceivably be telling—a small clue, mind you, but a clue nonetheless—about the future of the automobile in the U.K.
-
VW, the Future & the End of “Conventional” Jobs
"In order to become a global provider of sustainable mobility, we are pressing ahead with future projects such as electromobility, digital connectivity and new mobility services, equipped with the necessary resolve and financing.”
-
Volvo and Uber Strike Deal for Autonomous Vehicles
Volvo—the gutsiest car company on the planet is likely to become the most autonomous-tech related vehicle provider in the world as it has announced a framework agreement with Uber under which it will sell “tens of thousands of autonomous driving compatible vehicles [to Uber] between 2019 and 2021.”