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GM promises UAW 5,400 jobs, $7B in US investment

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In an attempt to end a worker strike, General Motors promised United Automobile Workers 5,400 jobs and more than $7 billion in U.S. investment over four years.

The offer reportedly includes a 2% wage increase for UAW workers in the first and third years and 2% lump sum payments in the second and fourth years.

Current health care benefits would be preserved, according to a source familiar with the matter.

Read more from the Detroit Free Press.


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