General Motors reached a tentative agreement with the United Auto Workers union, bringing an end to a 6-week-old strike that had upended U.S. automobile production and cost the industry billions of dollars. Business Ford and UAW reach tentative deal to end autoworker strike The provisional deal between striking United Auto Workers and Ford includes a 25% hourly wage hike and is subject to union leadership approval. GM is the last of Detroit’s legacy automakers to reach an agreement with the union, which began its strike on Sept. 15. AdvertisementThe UAW expanded its walkout at GM on Saturday by calling for another strike at the automaker’s Spring Hill, Tenn., plants. GM said its strike costs had reached $800 million and would cost at least $200 million a week going forward.

Source: Los Angeles Times October 30, 2023 14:38 UTC