Ford Motor (F.N) and the negotiators of the United Auto Workers (UAW) union have reached a tentative labor deal, pending union leadership approval, three sources familiar with the matter said on Wednesday.
United Auto Workers union members picket outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. REUTERS/Luke Sharrett//File Photoand the negotiators of the United Auto Workers union have reached a tentative labor deal, pending union leadership approval, three sources familiar with the matter said on Wednesday.
The UAW's most recent move was to strike against each company's most profitable plants - GM's Arlington, Texas assembly plant, Ford's Kentucky Truck heavy-duty pickup factory and Stellantis' Ram pickup plant in Sterling Heights, Michigan. "This lays the groundwork for the next two contracts and they should fall in line fairly quickly because all three were within a narrow gap of each other," Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions.
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