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After reaching recent tentative agreements with Ford and Stellantis, the United Auto Workers have reportedly reached a tentative agreement with General Motors, which would bring an end to the strike of the major three automakers.
CNBC and Bloomberg reported the tentative agreements. CNBC reported the new agreement comes with a 25% pay raise over the course of a 4.5-year contract.The agreement came after the UAW walked out Saturday night at a GM factory in Spring Hill, Tennessee. At one point last week, more than 40,000 UAW joined the strike, which covered seven plants and 38 warehouses.
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