General Motors Co. and the United Auto Workers, sobered by the government bailout and bankruptcy just two years ago, have agreed on a new 4-year contract without public acrimony or strikes that have plagued past talks
DETROIT (AP) -- Details weren't released, but the union says the deal reached late Friday includes some major goals, including improvements in profit-sharing, promises of new jobs, and better health care benefits.
The deal serves as a template for contracts still being negotiated with Chrysler Group LLC and Ford Motor Co., setting pay and benefits for 112,500 U.S. auto workers. It also sets the bar for pay and benefits at non-union auto companies and other industries.
The talks are the first since GM and Chrysler needed government aid to make it through bankruptcy protection in 2009.
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