The Traderszone Network

Published in TZ Latest News 25 October, 2015 by The TZ Newswire Staff

U.S. union, GM reach tentative agreement on labor contract

Negotiators for the United Auto Workers and General Motors Co reached a tentative agreement on undisclosed terms for a new four-year labor contract, averting a threatened strike, the union said late on Sunday night. The proposed deal will now go to a council of several hundred UAW leaders from GM’s U.S. plants meeting on Wednesday, who are expected to approve it. The contract then goes to a ratification vote of the UAW’s 52,700 workers at GM.