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GM reaches deal with union to end strike
The Hill ^ | 10/25/19 | Tal Axelrod

Posted on 10/25/2019 3:25:45 PM PDT by yesthatjallen

General Motors (GM) has reached a deal with employees to end the longest automotive strike in 50 years.

GM employees with the United Auto Workers (UAW) union ratified the 2019 Collective Bargaining Agreement on Friday evening, UAW said in a statement.

The contract includes an $11,000 per member signing bonus, performance bonuses, two 3 percent annual raises and two 4 percent lump sum payments while holding the line on health care costs.

“General Motors members have spoken,” said Terry Dittes, UAW vice president and director of the UAW-GM Department. “We are all so incredibly proud of UAW-GM members who captured the hearts and minds of a nation. Their sacrifice and courageous stand addressed the two-tier wages structure and permanent temporary worker classification that has plagued working class Americans.”

“We want to once again thank our members’ families and their local communities for their outpouring of support,” added UAW President Gary Jones. “Our members not only joined together in solidarity but felt the support of their whole community throughout this important stand.”

About 48,000 employees took to the picket line last month to demand higher hourly wages, lump-sum payments and a better profit-sharing plan. The strike shut down several plants and reportedly cost GM $2 billion since the strike started.

SNIP

(Excerpt) Read more at thehill.com ...


TOPICS: News/Current Events
KEYWORDS: gm; strike
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1 posted on 10/25/2019 3:25:45 PM PDT by yesthatjallen
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To: yesthatjallen

GM surrendered?


2 posted on 10/25/2019 3:28:49 PM PDT by buckalfa (TheA best two years of my life were spent in the third grade.)
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To: yesthatjallen
Since when do employees get to say what plants shut down etc etc....in the name of job security.

AND...You want to share in the profits, buy stock.

3 posted on 10/25/2019 3:28:52 PM PDT by Sacajaweau
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To: yesthatjallen

They should have fired every last one and moved operations to Vietnam.


4 posted on 10/25/2019 3:28:57 PM PDT by SpaceBar
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To: yesthatjallen

This deal should make new GM cars even more affordable.

/s


5 posted on 10/25/2019 3:30:15 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: yesthatjallen

This deal should make new GM cars even more affordable.

/s


6 posted on 10/25/2019 3:30:30 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: yesthatjallen

I’m on my second Toyota. Will never look back.


7 posted on 10/25/2019 3:32:23 PM PDT by SpaceBar
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To: SpaceBar

Nah. They simply need to relocate all their plants from mandatory union Red states to Right to work Blue states.


8 posted on 10/25/2019 3:33:16 PM PDT by ocrp1982 (Lurking since the late 90's. Recently retired. No tagline yet.)
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To: SpaceBar
Oddly, that's the way it generally works. Only the time frame is across a couple decades.

First the company starts a small plant somewhere. Then it gradually expands until it is on par with the American plant.

Then, management is faced with the question of where capital can be more profitable invested. The answer, invariably is the Viet Nam plant. The only way the plant stays in America is through coercion. Physical or political coercion.

9 posted on 10/25/2019 3:35:20 PM PDT by fhayek
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To: yesthatjallen

I seem GM is back in the healthcare and retirement planning business again.


10 posted on 10/25/2019 3:37:34 PM PDT by Toespi
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To: yesthatjallen

GM is still around?


11 posted on 10/25/2019 3:38:17 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: yesthatjallen
The money line:

However, the contract will allow GM to permanently close three idled factories, including a large plant in Lordstown, Ohio.
12 posted on 10/25/2019 3:42:51 PM PDT by Dr. Sivana (Sutor, ne ultra crepidam--Appelles of Kos)
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To: yesthatjallen

Good news. Thanks for posting.


13 posted on 10/25/2019 3:46:06 PM PDT by PGalt
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To: yesthatjallen

Will the union now reimbursed all the contractors that lost money during the strike.
Will the union reimburse all the contractors employees who couldn’t feed their kids?
Or does the union only care about itself and ignore the rest.


14 posted on 10/25/2019 3:51:10 PM PDT by fproy2222 (In America today, womb lynching, the killing of innocent babies in the womb, is legal.)
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To: yesthatjallen; Gamecock; SaveFerris; PROCON; Army Air Corps
longest automotive strike in 50 years

A lot could have changed since they walked off.


15 posted on 10/25/2019 3:52:40 PM PDT by Larry Lucido
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To: SpaceBar

“I’m on my second Toyota. Will never look back.”

Same here. Me and wife have done well with Toyota. They just run and run.


16 posted on 10/25/2019 3:55:06 PM PDT by plain talk
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To: plain talk

Toyota is a well made, beautiful, practical automobile.

GM can suck it, and tell themselves it’s chewing gum.


17 posted on 10/25/2019 3:58:19 PM PDT by SpaceBar
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To: yesthatjallen

Next, Ford.


18 posted on 10/25/2019 4:05:23 PM PDT by DownInFlames (Galsd)
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To: yesthatjallen

“General Motors members have spoken,” said Terry Dittes

So Terry...you went on strike against yourselves?

Who were you speaking to - the mirror?


19 posted on 10/25/2019 4:11:40 PM PDT by Regulator
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To: All

How do I get me one of them sweet GM jobs?

I just need it for a little while to pay some bills.


20 posted on 10/25/2019 4:13:45 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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