GM and Unifor Reach Tentative Deal with Pay Raises for Workers
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Unifor reached a tentative agreement with GM, similar to Ford deal but with some differences like converting temps and more retirees getting health allowance.
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Pay raises under GM deal could be over 70% for some workers due to wage progression cut, COLA, and bonuses.
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GM deal also enrolls newer workers into a pension plan with monthly payments.
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Ratification meetings this weekend for GM workers in Ontario plants and distribution center.
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UAW continues targeted strikes against Detroit 3, now at over 1 month and affecting 34,000 workers.