13:26:56 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



General Motors Company
Symbol GMM
Shares Issued 1,451,677,428
Close 2017-09-25 U$ 40.33
Market Cap U$ 58,546,150,671
Recent Sedar Documents

Globe says Unifor offers "comprehensive" proposal to GM

2017-09-25 07:59 ET - In the News

The Globe and Mail reports in its Monday, Sept. 25, edition that Unifor says it has presented a "comprehensive" proposal to General Motors in a effort to settle a strike that began a week ago at the automaker's Cami Automotive assembly plant in Ingersoll, Ont. The Globe's Greg Keenan writes that the proposal, made after meetings between the union and the company Saturday and Sunday, covered economic clauses of a new deal and the language in a new contract, said Mike Van Boekel, chairman of the Cami unit of Unifor Local 88, which repressents about 2,800 workers. They went on strike last Sunday. "The ball is squarely in their court now," Mr. Van Boekel said. Unifor had been seeking language in a new contract that would provide job security, designating the Cami operation as the lead plant for the Chevrolet Equinox crossover. "The proposal addresses our outstanding items, such as job security, economics and contract language," the union said. Job security became the key issue after GM shifted production of the GMC Terrain to Mexico from Cami during the summer. The Terrain, also a crossover, shares the same platform or basic underbody as the Equinox.

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