GM, CAW reach tentative agreement

Automotive News reports General Motors and the Canadian Auto Workers have reached a tentative labor agreement that will see the automaker invest $692.8 million into Canadian facilities over the life of the four year-deal. The two groups closed a 30-hour negotiating session that touched on everything from wages and benefits, to plant closings and new model manufacturing. The agreement covers around 8,200 workers currently, and GM has agreed to add or maintain 1,750 positions over the next four years. That means the automaker will postpone the consolidation of the company's Oshawa plant, where the current Chevrolet Impala is assembled.

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