The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union’s 6-week-old…
If the UAW can reach a tentative agreement with Ford, it would be used as a model to seek similar contract settlements with GM and StellantisThe United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyOne of the people said there also was progress in the union’s talks with GM. But it was unclear whether any of the automakers had accepted the UAW’s counter-offer of 25% pay increases over four years.
Todd Dunn, president of the UAW local at Ford's Kentucky Truck Plant, said he was told by people within the union's leadership that the company is nearing an agreement. Neither the companies nor the union would comment on the talks Wednesday. The union’s counter-offer of a 25% wage increase over four years was reported earlier by Bloomberg News and the trade publication Automotive News.
The UAW also wants traditional defined-benefit pension plans restored for workers who were hired after 2007, an end to varying tiers of wages for UAW workers, pension increases for retirees and other benefits.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
UAW appears to be moving toward a potential deal with Ford that could end strikeThe United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union’s 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.
Read more »
Ford earnings: What to expect from the carmaker as UAW strike continuesFord may follow GM in withdrawing guidance for the year
Read more »
UAW appears to be moving toward a potential deal with Ford that could end strikeA Ford deal would include cost-of-living pay increases that could lift the total pay raises above 30%, sources said.
Read more »
UAW reportedly near tentative deal with Ford that could end strikeThe United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union’s 6-week-old strikes.
Read more »
UAW, Ford nearing a deal that could end strike after raising pay offerToday's Business Headlines: 10/25/23
Read more »