"GM and UAW Reach Tentative Agreement, Ending Six-Week Strike"

General Motors (GM) has reached a tentative agreement with the United Auto Workers (UAW) to end the six-week-long strike. The deal, which still needs to be ratified by UAW members, includes a 25% wage increase for top assembly plant workers and cost-of-living adjustments that would bring pay increases to over 30% by the end of the contract. The agreements with GM, Ford, and Stellantis are seen as victories for the UAW, which sought to make up for concessions made during the Great Recession. However, the increased labor costs could impact the companies' ability to transition to electric vehicles and may discourage new factory openings in the US.