- GM and Stellantis started negotiations with the UAW on Thursday after it reached an agreement with Ford.
- An end to the auto workers’ strike is now in sight six weeks after they began.
- Corporate America should sit up and take notice of the power that labor unions now hold.
After 40 days of strikes, Wednesday brought a big breakthrough in the United Auto Workers’ ongoing dispute with Ford, General Motors, and Stellantis.
The union announced that it had reached a tentative agreement with Ford for pay rises of 25%. According to the UAW, that’s a bigger raise than all its wage increases for the past two decades.
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