The General Motors Strike, which lasted 40 days and cost the Detroit automaker more than $2 billion, has officially ended.
GM came to a deal with the United Auto Workers, who voted to approve the deal on Friday, Oct. 25. More than 48,000 employees returned to work after the longest general motors strike 1970. According to reports, the deal includes a 3 percent base wage increase after two and four years, a $7.7 billion investment in U.S. factories and a path to permanent employment for part time employees.
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The deal will also save the Detroit-Hamtramck plant from its slated closure. It will not keep plants in Baltimore, Warren, Mich. Or Lordstown, Ohio, open.
