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Here’s why the Big Three won’t need to raise car prices to pay for these labor deals

todayNovember 18, 2023

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The new labor contracts between the United Auto Workers union and General Motors, Ford and Stellantis will make a big difference in the paychecks of 145,000 autoworkers. It will raise their pay at least 11% immediately, and likely more than 30% over the life of the contract. But it’s not going to make much difference in the prices you have to pay when buying your next car.

​ The new labor contracts between the United Auto Workers union and General Motors, Ford and Stellantis will make a big difference in the paychecks of 145,000 autoworkers. It will raise their pay at least 11% immediately, and likely more than 30% over the life of the contract. But it’s not going to make much difference in the prices you have to pay when buying your next car. Read More Breaking News, Latest News and Videos | CNN 

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