UAW, automakers negotiate late as deadline nears - WNEM TV 5

UAW, automakers negotiate late as deadline nears

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DETROIT, MI (AP) -

 

The United Auto Workers is quickly approaching a deadline to reach new contract agreements with General Motors and Chrysler.

 

The current four-year contracts expire at 11:59 p.m. EDT Wednesday.

GM and Chrysler workers can't strike if an agreement isn't reached by then. Instead, the UAW will likely choose to extend the current contracts, as it did with Ford on Tuesday.

GM and UAW negotiators worked until 11 p.m. Tuesday night and plan to resume bargaining Wednesday morning. At Chrysler, negotiators were working late Tuesday and expected to bargain up to the deadline.

Two people who commented the negotiations requested anonymity because the talks are private.

Negotiators are considering profit-sharing instead of hourly pay raises for longtime UAW members as well as signing bonuses and increases in health care costs.

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