General Motors reaches deal with Canadian autoworkers hours after union initiates strikes
Publishing timestamp: 2023-10-10 16:31:43
Summary
General Motors has reached a tentative agreement with the Canadian union Unifor for nearly 4,300 autoworkers after a national strike was initiated. The strike briefly affected GM's facilities in Canada, but has been put on hold for workers to vote on the tentative agreement. The agreement includes wage increases, benefits, job security, and other new or altered benefits. If ratified, Unifor will move on to negotiations with Stellantis.
Sentiment: NEUTRAL
Tickers: GM, STLA, F, STLAM-IT,
Keywords: autos, business news, breaking news: business, stellantis nv, personnel, business, ford motor co, general motors co, transportation, labor economy,
Source: https://www.cnbc.com/2023/10/10/gm-canadian-autoworkers-union-unifor-reach-deal-to-end-strike.html