The UAW told the media at a 4 AM press conference that it had reached an agreement with GM (NYSE:GM) on a four-year labor contract. The deal now goes to UAW members for a vote.
While the union did not give details, the pact is said to include a two-tier payment system and a new fund for healthcare payments that will be managed by the union.
Douglas A. McIntyre is a partner at 24/7 Wall St.
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Reader Comments (Page 1 of 1)
10-09-2007 @ 9:02AM
chas. davie said...
OK! Kick the little dog. What ever happen to the meaning a contract. Your retirement package contract is four life. Its your personal contract.