Hargrove: Union chief threatens to strike GM. PHOTO CREDIT: REBECCA COOK/REUTERS
The contract matches the financial pattern set with Ford Motor Co. The job loss also is similar, about 9 percent of the 11,400 Chrysler CAW employees.
With two companies down, Hargrove said the CAW will strike General Motors at midnight on Tuesday, Sept. 27, unless GM agrees to the pattern.
GM has been insisting that any settlement leave its labor costs unchanged. The Ford and Chrysler deals add up to about a 3.5 percent total wage increase over three years, plus pension increases and early-retirement incentives.