UAW Announces Agreement with GM

By: AP Email
By: AP Email

Detroit (AP) The United Auto Workers says it has reached a tentative contract agreement with General Motors following a two-day nationwide strike.

The union says bargainers came to terms early this morning and workers are encouraged to go back to work immediately.

The agreement still has to be reviewed by local union presidents before being voted on by GM's 73,000 UAW members

A person briefed on the contract had told the Associated Press that the agreement shifts the huge burden of retiree health care from the automaker to the union through a company-funded trust.

The deal is also said to include lump-sum payments and bonuses.

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