GM matches Ford's 23% wage hike to UAW in bid to end auto strike

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GM matches Ford's 23% wage hike to UAW in bid to end auto strike
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Progress in talks were likely prompted by the UAW’s surprise strike last week at Ford’s biggest Kentucky truck plant.

Jim Jordan bows out as GOP speaker designee after losing third ballot — follow The Post's live blog for updatesFord says it is ‘at the limit’ with UAW contract offerFord’s proposed 23% wage hike

“The majority of our workforce will make $40.39 per hour, or roughly $84,000 a year by the end of this agreement’s term,” it said.The latest offer by GM shows the Detroit auto makers converging on similar offers that would raise UAW workers hourly pay by some 30% over the life of the deal, including cost of living payments. Ford, which has had the best offer among the three, has said that it is at the limit of what it can pay, and remain competitive, long-term.

More than 34,000 union members working at the three automakers are already on strike since the walkouts began on Sept. 15.The union is waging its first simultaneous strikes against the Detroit Three automakers, demanding a 40% wage hike, including a 20% immediate increase, improvements in benefits, as well as covering battery plant workers under union agreements.

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