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GM (GM) last night agreed on a tentative new four-year labor contract with the Canadian Auto...
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Friday, September 21, 2012, 3:20 AM ETGM (GM) last night agreed on a tentative new four-year labor contract with the Canadian Auto Workers (CAW) after the union threatened a strike earlier in the day. The deal will "create or maintain" 1,750 jobs and calls for GM to spend C$675M ($692M) on its Canadian factories. The agreement came three days Ford struck a new contract, leaving just Chrysler without a union deal.
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