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GM makes new offer to UAW, sees movement in all key areas

2023-10-21 00:21
General Motors said on Friday it had made a "comprehensive offer" to the United Auto Workers (UAW) union
GM makes new offer to UAW, sees movement in all key areas

General Motors said on Friday it had made a "comprehensive offer" to the United Auto Workers (UAW) union in a bid to end the month-long strike.

"We have made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work," the company said in a statement.

The automaker said the new offer includes a 23% general wage increases representing a 25% compounded wage increase over the life of the agreement, with 10% increase in the first year.

(Reporting by Pratyush Thakur in Bengaluru; Editing by Sriraj Kalluvila)