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The UAW said the agreement commits GM to more than $11 billion in additional manufacturing investments that was already planned. Most of it is related to EV production. A $50,000 retirement incentive
GM union members had until Thursday at 4 p.m. ET to vote on ratifying the tentative deal. As for the other members of the Big Three, per the UAW Ford’s ( F) union workers have thus far approved ...
The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program. Here is when to expect GM's $50,000 buyout program for ...
The expansion of the seven-week strike leaves GM the only Detroit automaker without a contract deal. Chrysler-owner Stellantis reached agreement with the UAW on Saturday and Ford on Wednesday ...
According to the UAW’s vote tracker, the deal was supported by 54.7% of the nearly 36,000 autoworkers at GM who voted. The vote total was 19,683 in support versus 16,275 against — a margin of ...
There would also be improved retirement benefits for senior workers who have traditional pension plans and larger company contributions to the 401(k) plans of workers hired since 2007.
GM has reportedly reached a tentative deal with the United Auto Workers (UAW), joining its rivals Ford and Stellantis in coming one step closer to putting an acrimonious labor dispute that has ...
In GM's last public offer to the UAW, it offered 9.5% contribution to the UAW members' 401(k) plans. It is not yet confirmed if that came up to 10% in GM's tentative agreement with the UAW.