Facing the loss of another $200 million this week to a lengthy strike, General Motors CEO Mary Barra wrapped up her weekend by going to the United Auto Workers (UAW)’ Detroit headquarters, intent on getting a new contract.
Joined by Manufacturing Chief Gerald Johnson at the meeting that started late Sunday, they were able to close a deal with UAW President Shawn Fain and other bargainers early today that should end a contentious six-week work stoppage, three people briefed on the matter said Monday.
The tentative deal, which came on Fain’s 55th birthday, capped a furious few day of agreements that still need to be ratified by 146,000 UAW members at GM, Ford and Jeep-maker Stellantis. Ford agreed to a new contract last week and was followed by Stellantis on Saturday, which raised the pressure on GM to settle for essentially the same terms.
Read the full article from the Associated Press here.