The United Auto Workers has reached a tentative agreement with General Motors Co., its third deal struck with the Detroit Three automakers within a week, according to sources familiar with the situation. GM declined to comment. The GM deal is expected to follow the pattern set at Ford Motor Co. that was announced on Wednesday. That four-and-a-half-year deal features a 26% compounded wage increase, reinstated cost-of-living adjustments, a three-year timeline to the top wage and increased contributions to retiree pensions and current workers' pensions and 401(k)s. The deal at Ford resulted in mo...
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