LABOR: Revving into A Settlement

Revving into A Settlement

The outcome was as unexpected as it was speedy. When General Motors and the United Auto Workers began negotiating in late September, it seemed that only a prolonged strike could force GM to agree to a new three-year pact that would satisfy the union. But last week, after just eight days of formal meetings, the largest U.S. automaker and the union representing 335,000 GM workers came to terms.

Sources close to the talks said the GM pact closely parallels the one that the U.A.W. and Ford reached in September. That contract gave Ford workers a 3% wage hike in the first...

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