As GM wasnearing the expiration of its labor contract with the union lastweek, the carmaker sought to have hourly workers pay 15 percent oftheir health-care costs. (Photo: Shutterstock)
(Bloomberg) –If General Motors Co.'s negotiations with theUnited Auto Workers are any indication, Detroit's automakers maynot have a prayer in their effort to rein in rising health-carecosts.
As GM was nearing the expiration of its labor contract with theunion last week, the carmaker sought to have hourly workers pay15 percent of their health-care costs, according to peoplefamiliar with the talks. But by the time the company presented theUAW with a deadline offer, GM walked back the proposal and calledfor keeping contributions steady at about 4 percent, saidthe people, who asked not to be identified discussing privatediscussions.
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