GM: From UAW Talks Comes a Tentative Contract at a Steep Price

On Oct. 30, the United Auto Workers union announced that it had reached a tentative contract with GM. The deal is not effective until ratified by a majority vote of GM’s approximately 46,000 UAW workers. UAW’s GM national council will meet in Detroit to vote on sending the contract to all members. There will then be local chapter meetings to discuss the deal and eventually, a vote will be done over a few weeks. The contract looks mostly similar to Ford and Stellantis’ tentative deals. The union has instructed GM workers to return to work during the ratification process. The strike started on Sept. 15. We expect the deal to be ratified.