Business News: General Motors Statement Regarding Offer to UAW

Detroit, MI (STL.News) – GM released the following statement on Sunday, September 15, 2019:

“We presented a strong offer that improves wages, benefits and grows U.S. jobs in substantive ways and it is disappointing that the UAW leadership has chosen to strike at midnight tonight.  We have negotiated in good faith and with a sense of urgency.  Our goal remains to build a strong future for our employees and our business.”

Offer details:

Over $7 billion in investments and more than 5,400 Jobs:

  • Solutions for unallocated assembly plants in Michigan and Ohio
  • Investments in eight facilities in four states
  • Introduction of all-new electric trucks
  • Opportunity to become the first union-represented battery cell manufacturing site in the U.S.
  • Additional new vehicle and propulsion programs

Best-in-Class Wages and Benefits:

  • Wage or lump sum increases in all four years
  • Improved Profit Sharing Formula
  • Ratification payment of $8,000
  • Retain nationally-leading health care benefits
  • New coverage for autism therapy care, chiropractic care and allergy testing

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