GM Reaches Four-Year Labor Agreement After Deal With Ford
This article is for subscribers only.
General Motors Co. and the Canadian Auto Workers reached a tentative four-year labor agreement last night, avoiding a strike and leaving Chrysler Group LLC as the last of the major U.S. automakers without a union deal.
The agreement will “create or maintain” 1,750 jobs and calls for GM to invest C$675 million ($692 million) in its Canadian plants, Jim Stanford, a union economist, said at a news conference in Toronto.