Canadian Auto Workers

Automotive News reports General Motors and the Canadian Auto Workers have reached a tentative labor agreement that will see the automaker invest $692.8 million into Canadian facilities over the life of the four year-deal. The two groups closed a 30-hour negotiating session that touched on everything from wages and benefits, to plant closings and new model manufacturing. The agreement covers around 8,200 workers currently, and GM has agreed to add or maintain 1,750 positions over the next four years. That means the automaker will postpone the consolidation of the company's Oshawa plant, where the current Chevrolet Impala is assembled. The manufacturer had planned to completely shutter the line, impacting around 2,000 workers.

GM will continue with plans to assemble the next-generation Impala at its Hamtramck facility, but will now also build the 2014 model on one shift in Oshawa. The move will employ around 750 Canadian workers, though that number may grow if the production is moved to two shifts later in 2014.

Even so, the CAW isn't entirely happy with the proposed settlement. The union was not able to secure the production of another vehicle. Union leaders say that's largely due to the fact that GM is in market share decline in Canada.

As you may recall, the CAW recently reached a similar tentative agreement with Ford.