The United Auto Workers (UAW) union announced an interim agreement with General Motors after weeks of negotiations and one of the longest strikes in the company`s history. In a brief statement on the agreement, GM said: “We can confirm the UAW statement on a proposed interim agreement. Further details will be provided in due course. The interim agreement comes after GM Chief Mary Barra and President Mark Reuss negotiated for the first time at the negotiating table on Tuesday morning. “The national negotiating team`s top priority was to ensure a strong and fair treaty that our members deserve,” Dittes said in a statement. Out of respect for the members, the union said it would not comment on the details of the agreement until Thursday`s meeting. The agreement will include salary increases, a ratification bonus of at least $9,000, GM`s promises to create or maintain 9,000 jobs over the next four years, a way for temporary workers to become permanent, and other elements. Once the UAW is a member of GM, the union will turn to either Ford Motor Co. or fiat Chrysler Automobiles NV. The UAW generally tries to use the first contract as a model for others. The union renewed its contracts with Ford and Fiat Chrysler on September 13 to focus on GM. About 200 local union leaders representing GM employees are expected in Detroit on Thursday for a National Council meeting to vote on the provisional agreement to join the UAW and the date of the end of the strike.
It usually takes about two weeks for local leaders to clarify their membership on what is in the agreement and for the vote to take place on the premises across the country, Dziczek said. UPDATE 16.10.19, 11:30 .m.: The Associated Press reported that the United Auto Workers and General Motors have reached a preliminary agreement that still needs to be voted on, first by union committees and then by all union members. The proposed contract has a four-year term. It could be a challenge to approve the new four-year contract in the rankings. Last year, GM outraged union workers by threatening to close four U.S. plants, even though it was proposed to keep at least one of those plants open. GM confirmed the preliminary agreement, but declined to give further details. General Motors Co. and united Auto Workers have tentatively agreed on a new contract, paving the way for a decision Thursday on a strike of more than a month. Plus: GM, UAW proposed to reach the provisional agreement; In addition, the GM strike confirmed an interim agreement had been reached, but neither the company nor the union provided details of what is included in the agreement. Gm`s shares climbed 2.6 percent to 37.22 $US, the highest intraday in two weeks.