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GM reaches bargain with striking union workers

by Rachel Lynn Aldrich
Posted 10/17/19, 11:26 am

The 31-day General Motors strike may start winding down. The United Auto Workers union said Wednesday it reached a tentative deal with the largest U.S. automaker. Factory-level union officials are set to meet and sign off on the deal on Thursday, and the UAW’s 49,000 members at GM also have to ratify it.

What’s in the deal? Neither party has released details of the four-year agreement. GM said its latest offer to the union workers included increased wages, lump-sum payments, high-quality health insurance at low cost, promises for new products, and a path to full-time positions for temporary workers. The strike shut down production at GM’s U.S. factories, reducing output by 250,000 to 300,000 vehicles, analysts at KeyBanc estimated.

Dig deeper: Read my report in The Sift on why negotiations between the union and GM broke down in September.

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Rachel Lynn Aldrich

Rachel is an assistant editor for WORLD Digital. Follow Rachel on Twitter @Rachel_Lynn_A.

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  • OldMike
    Posted: Fri, 10/18/2019 10:23 pm

    Reasons for the strike were probably not at all what most people think:  my guess, too many new GM vehicles sitting on dealers’ lots. 

    Workers got some time off, the co. reduced inventory without having “official” layoffs. 

    And the workers’ strike pay came out of union funds rather than unemployment benefits paid for by GM. Looks to me like GM played the union pretty well.