The Ford Motor Co. and the United Auto Workers have reached a tentative agreement on a new four-year union contract, several media outlets reported on Wednesday.
According to the proposed contract, Ford has agreed to give factory workers a 25% wage increase over the life of the agreement,That means the top pay for assembly workers would jump from $32 per hour to approximately $40 per hour, according to the newspaper.reported. Sources told the newspaper that a walkout had been planned at Ford’s Dearborn Truck Plant at the Rouge, but that did not happen.
Earlier Wednesday, Michigan Gov. Gretchen Witmer suggested that union negotiators and and officials with Detroit’s “Big Three” should “be locked in a room” until a tentative agreement was reached, “I really believe that it’s time for all of them to be locked in a room and not to come out until the deal is done,” Whitmer said during an event in Flint.Shooting in Georgetown leads to hours-long standoff
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Ford, UAW negotiators reach labor deal, pending union leadership approvalA tentative agreement could be announced as early as Wednesday night, pending approval of local UAW leaders, sources told CNBC.
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UAW strike could be nearing end as union is reportedly close to deal with FordThe Associated Press is reporting that the UAW could be close to a deal with Ford, which could bring an end to the nearly 6-week-long strike against Detroit's Big Three.
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Ford, UAW negotiators reach tentative labor dealFord 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.
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Ford, UAW inch closer to a deal to end labor strikes as talks intensifyThe sides participated in intense bargaining Tuesday and Wednesday in an attempt to finalize a record deal for 57,000 union-represented workers at Ford.
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Ford, UAW inch closer to a deal to end labor strikes as talks intensifyThe sides participated in intense bargaining Tuesday and Wednesday in an attempt to finalize a record deal for 57,000 union-represented workers at Ford.
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Ford, UAW Near Tentative Labor Deal to Potentially End Six-Week Strike at the AutomakerUAW union members have been striking over job security and pay as automakers push forward in developing EV’s, which require fewer workers and cost more in raw materials.
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