GM Reaches Tentative Deal to End UAW Strike

The video discusses a tentative agreement between the UAW and major automakers to end a strike that began on September 17th. GM was the last to agree, facing challenges due to a high number of temporary workers and employees nearing retirement. All three automakers agreed to a 25% raise for hourly workers, with additional cost of living adjustments. The strike caused significant financial damage, with Ford reporting $1.3 billion in losses. The agreement still requires ratification by union members.

Which automaker was the last to reach a tentative agreement with the UAW?

• General Motors

• Tesla

• Stellantis

• Ford

What percentage of General Motors' workforce consists of temporary workers?

• 20%

• 15%

• 10%

• 5%

What was one of the sticking points for General Motors in the negotiations?

• High export tariffs

• Low production rates

• Lack of union support

• High number of temporary workers

What is the total percentage increase in pay over the four years of the contract, including the cost of living allowance?

• 35%

• 25%

• 30%

• 33%

How much financial damage did Ford report due to the strike?

• $2.0 billion

• $1.5 billion

• $1.3 billion

• $1.0 billion