DETROIT — General Motors Co. and the United Auto Workers reached a tentative agreement on a new four-year contract late Friday.
Details weren’t immediately released, but the union said the contract will ensure that laid-off workers will be hired back. The union said the contract also will improve health care benefits and profit-sharing plans.
“When GM was struggling, our members shared in the sacrifice. Now that the company is posting profits again, our members want to share in the success,” UAW vice president Joe Ashton, the chief negotiator with GM, said in a statement. “The wages and benefits we negotiated in this tentative agreement reflect the fact that it was UAW members who helped turn this company around.”
The UAW announced the agreement just after 11 p.m. EDT Friday.
The Associated Press
