UAW announces tentative agreement to end labor strike with Stellantis

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UAW announces tentative agreement to end labor strike with Stellantis
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The tentative deal is the result of contentious negotiations, which saw thousands of union members walk out of plants and onto picket lines.

The United Auto Workers union and Stellantis have agreed to a tentative deal following roughly six weeks of targeted U.S. labor strikes, the union announced Saturday afternoon.

The tentative agreement, which must still be approved by local union leaders and ratified by members, is patterned off a 4½-year agreement reached between the union and Ford Motor on Wednesday.. UAW and GM are expected to resume talks Saturday in hopes of also reaching a deal, according to a source familiar with the talks.

The deal comes after the union reached an agreement on Wednesday with Ford. That agreement still needs to be approved by union leaders and ratified by members. It also reinstated cost-of-living adjustments, reduced an eight-year path to top wages to three years and allowed the right to strike over plant closures, among other significantly enhanced benefits.billions of dollars in lost production. Ford said Thursday that the union's strike has cost it $1.

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