Labor: Peace

In an industry accustomed to down-to-the-wire labor negotiations, General Motors Corp. and the United Automobile Workers last week reached agreement on a new national contract without a strike deadline ever having been set. Bargaining around the clock for 30 hours just as if they were under the gun, negotiators worked out a settlement whose economic terms were virtually identical with those won earlier at Ford and Chrysler. In fact, the accord might have come about even sooner had it not been for a number of thorny non-money issues.

What accelerated the settlement was...

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