Last UAW-GM strike paychecks coming this week
Detroit — United Auto Workers members who went on strike against General Motors Co. for six weeks will get their final strike-duty paychecks this week.
The checks are payment for the first week of the strike, which started Sept. 15, a UAW spokesman said. Those eligible out of the 48,000 GM-UAW members will receive checks of $250 and not the $275 that was instituted in the middle of the strike on Oct. 13.
The longest national strike against GM since 1970 strike ended on Oct. 25 after members approved a new four-year contract with GM with 57% voting in favor of the pact.
The new contract includes wage increases, lump-sum bonuses, a pathway for temporary employees to reach full-time employment and a record ratification bonus of $11,000 for permanent employees; temporary employees received $4,500.
GM said last week the strike cost the automaker nearly $3 billion.
The strike also affected GM suppliers: Southfield-based Lear Corp., a seating and electrical systems manufacturer, lost $525 million in revenue during the third quarter; Dublin-based Aptiv PLC expects a $250 million hit for the year; and Detroit-based American Axle & Manufacturing Holdings Inc. estimates the strike's impact on its full year sales to be $250 million for the year.