The Finch Formerly Known As Gold

26 September 2007

Well, that was quick

The strike against General Motors by the United Auto Workers has ended with a tentative settlement, terms of which are not immediately available but which likely include the creation of a trust fund to support health-care costs for retirees.

As is the usual practice, UAW workers at Chrysler and Ford have been working under their old contracts; expect those contracts to be replaced by new ones with similar provisions.

Most line workers at GM will be back on the job this afternoon.

Posted at 7:10 AM to Driver's Seat