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Following the ratification of agreements from the three big US automakers, General Motors, Ford Motor Company, and Stellantis, to the United Auto Workers, autoworkers prepare to return to work after a more than six week strike. The proposed agreements include about 25% salary increases in four and half years alongside cost of living adjustments, according to an anonymous source familiar with the discussions. President Joe Biden personally showed his support to the autoworkers, having become the first sitting president in US history to join a picket line during the strike. According to reports, General Motors estimated a loss of $200 million a week resulting from the strike.
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