GM, Ford UAW Members Ratify Labor Pacts – Wall Street Journal

Posted: Saturday, November 21, 2015

The United Auto Workers wrapped up months of contract talks with the Detroit car makers Friday, getting approval of new labor deals at General Motors Co. and Ford Motor Co. that boost pay for workers but add higher costs to the companies’ balance sheets.

Ford’s rank-and-file narrowly approved the new four-year agreement by a 51% majority, handing UAW President Dennis Williams a much-needed victory after worker resistance to earlier…

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