GM Labor Deal Could Be Costly to Detroit Rivals

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GM Labor Deal Could Be Costly to Detroit Rivals
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After securing new labor contract with GM, UAW bargainers will turn to Ford next in an effort to reach a similar agreement

The new labor deal secured at General Motors Co. this past week to end a 40-day strike will not only add to the auto maker’s labor costs but could also pose problems for its Detroit rivals.

The United Auto Workers will use the agreement at GM as a template that is expected to reach similar terms on wages and benefits in separate contract talks with Ford Motor Co. and Fiat Chrysler Automobiles NV, under the union’s traditional pattern bargaining.

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