Members of the United Automobile Workers strike in front of a picket in front of General Motors' Detroit-Hamtrack Assembly Plant on September 18, 2019 in Detroit.
Michael Weyland / CNBC
in a preliminary agreement that could soon end the union's ongoing strike against the automaker.
No transaction is expected tonight. Negotiators are expected to return to negotiations after a break this evening, according to a person familiar with the negotiations.
Negotiators have been meeting every day since the start of the shutdown on September 1
A letter from UAW Vice President Terry Dits to members on Wednesday confirmed that progress had been made this week as about 48,000 union workers were picketing outside the US automaker's plants for the 10th day.
Dietes stated in the letter that all outstanding proposals were already on the "Main Table and were submitted to General Motors and we are awaiting their responses." He said that "back and forth they will continue until negotiations are over."
Having all the issues of the "Main Mass" and not of the subcommittees is usually a sign that a preliminary transaction may be inevitable as long as the negotiations will not break down over all the major sticking points. Depending on how far away the parties are, such as pay and temporary workers, which could take hours or days, sources said.
"We will continue to negotiate this contract until your negotiating committee is satisfied that we have reached an agreement that properly addresses the problems of our members," says Dits in the letter.
In response to the letter, GM stated that negotiators "continue to meet, and our goal remains to reach an agreement that builds a stronger future for our employees and our business. "
The use of temporary workers and the maintenance of open installations that are scheduled for closure are among the key points, according to people familiar with the conversations.
" Intensifying conversations with the day-to-day negotiation and the bulk should means they are within striking distance of reaching an agreement, "said Kristin Jicek, Vice President of Industry, Labor and Economics at the Automotive Research Center." But there is a long way to go after reaching that agreement. "
be fasting If the deal is proposed, the union must refer the agreement to GM-UAW's board, which includes local union leaders and then approve members, which usually takes two weeks, but this could be speeded up if the union decides to
Ratification of preliminary agreements is not traditionally a problem, but workers with Fiat Chrysler four years ago rejected the initial deal approved by UAW leaders – which sent the negotiators back to the table.
Prior to ongoing negotiations, industry analysts warned that ratification of any agreement could be challenging as the federal corruption probe reaches the highest UAW rankings.
UAW members with GM have been on strike since September 16, after the two parties failed to reach a deal by September 14th. It is the Union's first national strike against the automaker after a two-day shutdown in 2007 and the longest national strike since the 1970s.