Gm Settles Dispute With Workers At Last Striking Plant

May 21, 2008 – 1:31 pm

by Darren

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The nearly constant GM labor woes might be at an end as GM settles with labor at the last remaining plant to be on strike against them.

United Auto Workers union local 31 said on its website that picketing would continue until “all votes had been counted” by workers at a Kansas plant which produces one of GM’s hottest-selling cars, the Chevrolet Malibu.

The deal reached late Tuesday comes just days after the UAW reached a tentative agreement with key supplier and former GM subsidiary American Axle and Manufacturing Holdings Inc.

GM’s production has been cut by more than 300,000 vehicles since the American Axle strike began February 26.

The first five weeks of the nearly three month-long strike cost the automaker 800 million dollars, GM said in securities filings. It has not released more recent cost estimates.

The company resolved a similar strike last week in Michigan.

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