United Auto Workers Clinches Key Deal with Daimler Truck, Averting Strike

The new agreement promises significant wage increases and first-time profit sharing for over 7,000 workers in the U.S. South.

The United Auto Workers reached a last-minute agreement with Daimler Truck, preventing a strike by over 7,000 workers.
The four-year contract includes a 25% wage increase, with an immediate 10% raise upon ratification.
For the first time, the contract introduces profit sharing and cost-of-living adjustments at Daimler.
The deal covers workers at several plants in North Carolina and distribution centers in Atlanta and Memphis.
Union members must still vote to ratify the agreement, with Daimler expressing hope for a swift finalization.