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GM: Contract Raises Labor Costs $215M by 2013 9/28/11

http://www.bloomberg.com/news/2011-09-28/gm-uaw-members-ratify-four-year-labor-agreement-ford-accord-may-be-next.html


By David Welch, Craig Trudell & Keith Naughton; Bloomberg ~ Sep 28, 2011



General Motors Co. (GM) said its new labor contract will cost the company $215 million over the next three years as it raises wages for entry-level employees and buys out its most expensive laborers.


 

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