The tentative contract that General Motors has worked out with the United Automobile Workers union is going to raise the automaker’s cost of labor and require a significant cash outlay. won something that it had rarely attained in the past outside of bankruptcy: the ability to close three plants economically. Now the union is likely to try to win similar monetary gains from Ford Motor and Fiat Chrysler. workers will vote on the contract this week, with a result expected on Friday. Most union locals will hold seminars to outline the contract’s details to members, and they allow voting over two or three days.

Source: New York Times October 20, 2019 22:52 UTC