(Updates with confirmation contract reached)
* GM, UAW say contract includes new jobs, profit sharing
* Details withheld pending review by union members
* UAW talks still ongoing with Chrysler, Ford
DETROIT, Sept 16 General Motors Co and
the United Auto Workers union on Friday reached a proposed
contract for almost 49,000 production workers that both sides
said would create new U.S. factory jobs and include
Details of the tentative contract were being withheld until
the contract could be reviewed by UAW officials representing GM
The proposed contract, which must be ratified by
rank-and-file workers, represents the first since two Detroit
automakers -- GM and Chrysler Group LLC -- were bailed out by
U.S. taxpayers and exited bankruptcy partially owned by the U.S.
The UAW chose to complete negotiations for a new contract
with GM first, before reaching a deal with Chrysler and finally
with Ford Motor Co , those close to the talks have said.
Ford is the only major U.S. automaker that avoided a
government bailout and funded its turnaround on its own.
The Detroit talks have played out at a time of increasing
uncertainty about the strength of U.S. auto sales for the
remainder of this year and in 2012, as well as concern about the
risk of another recession.
(Editing by Lisa Von Ahn, Andre Grenon and Steve Orlofsky)