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GM, UAW deal ratified in a close vote - Yahoo Finance

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Autoworkers narrowly voted to approve a new labor deal with automaker General Motors (GM), with just 54.7% in favor ahead of a 4pm Friday deadline. The Arlington, Texas GM plant backed the agreement following earlier rejections at other large facilities. However, dissatisfaction persists among longtime GM factory workers over issues like wages and temporary worker benefits under the contract terms. Ford (F) and Stellantis (STLA) union members continue voting on their own tentative agreements.

Yahoo Finance's Pras Subramanian analyzes the split ratification vote and ongoing votes at Ford and Stellantis.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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November 17, 2023 at 04:14AM
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GM, UAW deal ratified in a close vote - Yahoo Finance
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