Automakers Face Pressure to Raise Wages in Contract Negotiations

General Motors, Ford Motor and Stellantis may need to boost wages as they negotiate a four-year labor contract for 150,000 employees.
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General Motors, Ford Motor and Stellantis may need to boost wages as they negotiate a four-year labor contract for 150,000 employees.
Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.
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