GM reaches deal to end US auto strikes ...Middle East

forex live - News
GM reaches deal to end US auto strikes
Reports earlier today highlighted a tentative deal at General Motors to end the UAW auto strikes in the US after six weeks. It comes quickly after separate deals with Stellantis and Ford and includes similar terms like a 25% wage increase over several years, eventually reaching $40 over four-and-a-half years. Starting wages will also rise to $28/hour.CNBC reports that the deals "reinstated cost-of-living adjustments, reduced an eight-year path to top wages to three years and allowed the right to strike over plant closures, among other significantly enhanced benefits."Shares of automakers have struggled recently on signs that it's proving difficult to find product-market fit in the EV space

Hence then, the article about gm reaches deal to end us auto strikes was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( GM reaches deal to end US auto strikes )

Apple Storegoogle play

Last updated :

Also on site :