GM reaches deal with UAW workers, union strike
comes to an end 
Wednesday, September 26th,
2007

General Motors and the United Auto Workers
union have reached a tentative agreement this morning, putting an end to
the two-day strike by 73,000
workers. Just after 4 a.m. ET, UAW President Ron Gettelfinger
announced the agreement to the cheering crowd at the UAW
headquarters in Detroit that a deal was reached around 3:05 am. He
confirmed the strike to be officially in recess, and said that the
agreement has the unanimous support of both the union's leadership and
it's negotiation team.
"I think our retirees will be exceptionally
pleased with this contract," Gettelfinger stated. "For active
members, there will be some changes. I think overall they will be
very, very pleased with the outcome of these negotiations and the job
security associated with it.
"We've successfully resolved a lot of
difficult issues. We feel very good about this tentative
agreement. I think the strike probably helped our side more than
theirs."
GM Chairman and CEO Rick Wagoner was also
pleased. "There's no question this was one of the most complex and
difficult bargaining sessions in the history of the GM/UAW
relationship," he said in a statement. "I'd like to thank UAW
President Ron Gettelfinger, UAW Vice President Cal Rapson and their
bargaining team for their leadership and hard work in negotiating the
agreement."
General Motors said the national agreement
"paves the way for GM to significantly improve its manufacturing
competitiveness" and maintain a strong production presence in the
U.S. A GM spokeswoman said they will not provide details of the
agreement until it is presented to the UAW workers for
ratification.
The agreement will have to be approved
by a majority of active union workers at GM, in a voting process that
will start this weekend.
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