On Monday, the United Auto Workers labor union and General Motors announced the two parties have reached a tentative deal to end the UAW’s six-week strike.
This marks the last of the Big Three U.S. automakers to reach an agreement with the UAW.
“Like the agreements with Ford and Stellantis, the GM agreement has turned record profits into a record contract,” the UAW said in a statement. “The deal includes gains valued at more than four times the gains from the union’s 2019 contract.”
“GM is pleased to have reached a tentative agreement with the UAW that reflects the contributions of the team while enabling us to continue to invest in our future and provide good jobs in the U.S.,” said GM CEO Mary Barra.