GM Reaches Tentative Deal With UAW to End Six-Week Strike (4)

Oct. 30, 2023, 8:36 PM UTC

General Motors Co. reached a tentative contract agreement with the United Auto Workers union, bringing an end to a six-week-old strike that had upended US automobile production and cost the industry billions of dollars.

The pact includes a 25% hourly pay raise plus cost-of-living allowances through April 2028, the union said Monday in a statement that confirmed an earlier Bloomberg report. The agreement removes several wage tiers and brings additional workers into the master agreement, including those at the Ultium Cells venture making electric-vehicle batteries.

The terms, which still must be approved by GM’s 46,000 union members, are broadly similar ...

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