The United Auto Workers (UAW) announced that the new collective agreements of the three main US automakers, Ford, Stellantis, and General Motors, have been approved by their employees. This news comes after an unprecedented six-week strike that involved all three groups simultaneously for the first time.
The UAW released a statement stating that their members voted to ratify the new collective bargaining agreements, resulting in record earnings. The union reported that 64% of the members of the three groups voted in favor of the ratification of the four-year collective agreements.
This approval marks a significant milestone for the automakers and the UAW, as it signifies the end of a lengthy negotiation process and the beginning of a new chapter in the relationship between the companies and their employees. The new agreements will likely bring about changes in wages, benefits, and other working conditions for the employees of these automakers.
The strike was seen as an unprecedented event as it involved all three major US automakers simultaneously. However, with this approval, both sides can now move forward with implementing these new deals that are expected to benefit both parties.
In conclusion, this is a positive development for both sides as it brings an end to a long-standing dispute and opens up a new era of collaboration between these companies and their workers.