Gm Workers Ok Health Care Deal

Summary


DETROIT - General Motors Corp.'s hourly workers have agreed to a proposal that would increase the amount retirees and active workers must pay for their health care, the United Auto Workers said Friday.

The world's biggest automaker had asked the UAW for the unusual concessions this spring. GM lost more than $3 billion in the first nine months of this year as its labor costs rose and competitors ate away at its U.S. market share.

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Gm Workers Ok Health Care Deal

Hourly workers approved the proposals by a 61 percent majority...

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