"GM and Stellantis to Match UAW-Ford Pay Hike, Ford's Profit Hit Hard by Strike"

General Motors and Stellantis are expected to offer the United Auto Workers (UAW) union a deal similar to the recent agreement reached with Ford, which includes a 25 percent wage increase over four years. If GM and Stellantis do not follow Ford's lead, the UAW president has threatened to expand strikes to additional factories. The strikes have been costly for GM, with the company losing approximately $200 million per week. The UAW Ford employees will return to work pending the approval of the tentative agreement by the union's 57,000 members. President Biden's support of the Ford deal puts pressure on GM and Stellantis. GM has agreed to include its new electric vehicle battery factories in the UAW's national contract, addressing one of the key concerns of the striking workers.