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GM/UAW pact prompts negotiations with Ford, Chrysler

Workers hope contract with automaker sets example for upcoming negotiations

A contract formed between General Motors Co. (GM) and the United Auto Workers’ union (UAW) to increase factory jobs and workers’ pay on Friday may prompt Chrysler LLC and Ford Motor Co. to complete similar negotiations.  

In their contract with UAW, GM committed to reopening an assembly plant in Spring Hill, Tenn., to add jobs and increase entry-level workers’ pay from $2 to $3 per hour. The new deal also will include a system of profit sharing and improvements in profit checks, a person familiar with the contract told the Wall Street Journal.

Danielle Feinstein

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