How General Motors Just Won a Big Labor Battle

A long strike that derailed production of one of General Motors' (NYSE: GM) most popular new models has been resolved.

Workers at a GM factory in Ontario that makes the popular Chevrolet Equinox crossover SUV returned to work on Monday night after ratifying a new four-year contract with GM. The roughly 2,800 workers had been on strike since Sept. 17.

Although the workers voted to approve the new contract by a wide margin, they did so knowing that the union didn't get what it most wanted: A promise from GM to keep the factory busy long-term.

Source: Fool.com