GM apparently agreed to higher compensation but declined to promise the Ontario factory would lead global Chevy Equinox production.

General Motors and Canadian union officials have reached an agreement to restart production the company's Ingersoll, Ontario, assembly plant.

The new four-year contract is said to include wage increases, lump sum payments, benefits improvements and increases in the level of job security, according to an announcement by Unifor Local 88.

"Our negotiations were about the future generation and progress was made," the union said.

Notably, Unifor apparently failed to pressure GM into declaring Ingersoll as the lead factory for global production of the Chevy Equinox, the brand's best-selling crossover and one of its best performing models in terms of sustained sales growth.

As the walkout in Ingersoll dragged on for weeks, reports suggested GM was in talks with suppliers to explore the viability of shifting production away from the Ontario facility. The move would have presumably resulted in increased output at another Equinox plant in Mexico.