GM estimates the financial provisions of the tentative agreement will raise the per-employee cost of wages and benefits to more than $150,000 per year.
The settlement ends work stoppages at all of Stellantis’ Canada facilities, including its assembly plants in Brampton and Windsor; and its Etobicoke Casting Plant, all in Ontario.
The General Motors agreement reached Monday is patterned after contract proposals the UAW signed with Ford and Stellantis, according to sources familiar with the negotiations.
David Schwietert of the Alliance for Automotive Innovation says there are roughly 103 electrified models available in the U.S. today, but of these, fewer than 20 are eligible for tax credits or some other form of consumer incentive,