Many longstanding General Motors (GM) workers have been voting against the tentative contract with the UAW, which they feel insufficiently improves retirement benefits, The New York Times’ Neal E. Boudette reports. A majority of workers at several large plants in Michigan, Indiana and Tennessee rejected the contract, though union members at a large sport utility plant in Arlington, Texas, voted in favor of it, Boudette writes, adding that the agreement appears to be headed for ratification at Ford (F) and Stellantis (STLA).
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GM:
- F, GM, STLA Slip in Wake of Contract Approval
- General Motors (NYSE:GM) Inches Closer to Ratifying UAW Contract
- General Motors buys key Tesla gigacasting supplier TEI, Reuters reports
- GM’s Cruise suspends supervised and manual car trips, expands probes
- General Motors (NYSE:GM)- UAW Deal: The Worst is Not Yet Over
