Members of the Canadian Auto Workers union have voted 87 percent in favor of a new cost-cutting contract with General Motors, helping to qualify the struggling automaker for government aid.
The agreement reached between the union and company last weekend includes a wage freeze to September 2012, the elimination of an annual bonus and a reduction in paid time off, among other concessions.
GM has also promised workers that Detroit-based parent General Motors Corp. will keep 20 percent of its total North American manufacturing volume in Canada. CAW national president Ken Lewenza has said a key goal would be that Canada maintain its market share and that …
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