Longest strike in General Motors history ends with union victory
United Auto Workers (UAW) has announced a preliminary agreement with General Motors after weeks of negotiations during one of the longest strikes in the company's history. The deal is subject to approval by UAW leaders and members.
Trade union negotiators said the agreement included "significant benefits " for its members.
“The number one priority in the national negotiation team is to achieve the reliable and fair contract our members deserve,” said UAW Vice President Terry Dittes, Director of UAW GM.
GM confirmed the preliminary agreement, but declined to provide additional information.
General Motors shares are up about 2% after the announcement.
The strike began last month after the union's previous four-year contract with GM expired. This is the first stop since 2007, but it was a two-day strike back then.
Negotiations focused on wages, health care, profit sharing and employment.
The union is also fighting to prevent GM from closing its assembly plants in Ohio and Michigan, which the company says was necessary due to the slowdown in car sales.