The United Auto Workers union (UAW) on Wednesday said that a majority of its workers have voted in favor of ratification of their new contract with Volvo Group-owned VLVLY truck maker Mack Trucks.
What Happened: “After 39 days on strike, UAW members at Mack Trucks have voted by 93% to ratify their new contract with significant local improvements,” the union wrote on X, formerly Twitter.
Why It Matters: More than 4000 UAW members commenced a strike against Mack Trucks last month on Oct. 7 after they voted down their first tentative agreement.
The strike at Mack Trucks followed on the heels of UAW’s consecutive strike against the Detroit three automakers. However, the union has yet to ratify the new agreements with the Detroit Three.
Photo via Shutterstock.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read More: Tesla CEO Elon Musk Joins Fans In Mocking XPeng For ‘Copying’ Its UI
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
