GM CEO Barra at bargaining table for talks with UAW: sources

  • In US
  • 2019-10-15 14:42:15Z
  • By Reuters

By David Shepardson

WASHINGTON (Reuters) - General Motors Co <GM.N> Chief Executive Mary Barra and President Mark Reuss took part in contract talks with the United Auto Workers union on Tuesday in a sign that a 30-day-long strike of 48,000 U.S. hourly workers could be nearing an end, two people briefed on the talks said on Tuesday.

On Monday, the UAW scheduled a meeting on Thursday morning to update local union representatives on the status of the talks, sources previously said. The sides have not reached a tentative agreement that would end the strike, but progress has been made.

GM declined to comment on the involvement of the No. 1 U.S. automaker's top two executives in the talks. A UAW spokesman declined to comment.

The UAW strike began on Sept. 16, with the union's members at GM seeking higher pay, greater job security, a bigger share of profit and protection of healthcare benefits. Other issues include the fate of plants GM has indicated could close, and the use of temporary workers.

After GM angered the UAW negotiators last week by appealing directly to workers and revealing details of the Detroit automaker's latest offer, the sides have continued talking. The UAW made a counter offer to GM on Friday.

GM shares were up 1.6% in morning trading on Tuesday.

(Reporting by David Shepardson; additional reporting by Ben Klayman in Detroit, editing by John Stonestreet and Nick Zieminski)


More Related News

UAW workers ratify Ford contract securing $9K signing bonus, pay raises, new product
UAW workers ratify Ford contract securing $9K signing bonus, pay raises, new product

UAW workers ratify four-year contract with Ford after two weeks of voting. The process with Fiat Chrysler scheduled to last beyond Thanksgiving

Ford's UAW members vote to ratify new four-year contract

The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker. Talks with FCA are expected to begin on Monday, a UAW spokesman said. The union said 56.3% of Ford's hourly workers voted to approve the deal, which allowed the company to avoid a strike like the one that cost its larger rival General Motors Co about $3 billion (£2.3 billion).

United Auto Workers approve new 4-year contract with Ford
United Auto Workers approve new 4-year contract with Ford

Members of the United Auto Workers union at Ford Motor Co. voted Friday to approve a new contract with the company. Ford gets to close an engine factory near Detroit but its 600 workers there will get jobs at a nearby plant. Ford said the deal increases its competitiveness, keeping its cost structure similar to its U.S.-based competitors.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply


Top News: US