General Motors reaches a wage agreement that ends the historic auto strike in the US.

General Motors Co. reached a provisional agreement with the United Auto Workers (UAW) union to put end to six-week strike with terms similar to the agreement signed by Ford Motor Co. on October 25, according to a source with direct knowledge.

The agreement reached on Monday includes a 25% hourly wage increase plus cost of living allowances throughout the more than four-year contract, according to the person, who was not authorized to speak publicly. The deal still must be approved by GM union members.

Due to AI, Goldman Sachs raises its long-term growth projection for the United States and the world

The UAW GM strike extended on October 28 by calling for another mobilization at the automaker’s plants in Spring Hill, Tennessee. Since the strike began on September 15, the UAW had paralyzed eight assembly plants and 38 parts distribution plants of the three automakersincluding GM’s facility in Arlington, Texas, where SUVs are made, and a truck plant in Missouri.

The Ford and Stellantis strikes They ended when these companies reached provisional agreements with the union.

Translated by Paulina Munita.

Related articles

The year is ending! These are the holidays for December 2023

By Yulexy AuquillaDecember 1, 2023 at 5:46 p.m.2023 is almost over and the last month of the year is always full of parties,...

New York: it hasn’t snowed in a long time and experts are already predicting...

NY It is one of the cities that can be seen the most in series and movies. Surely every person in the world...

Bukele takes leave of office to seek re-election

The Congress of El Salvador approved that Claudia Juana Rodríguez de Guevara, current private secretary of Nayib Bukele, occupy the Presidency while the president...

The cynical message from a Chinese ambassador for Javier Milei’s decision to “get out”...

After the sayings of Diana Mondinofuture chancellor, who assured that Argentina will not integrate the BRICS, the Chinese ambassador to Colombia, Zhu Jingyang,...