Ford and UAW Nearing Labor Deal, Potential End to Strike Looms
TL;DR Summary
Ford Motor and the United Auto Workers (UAW) have reached a tentative agreement that could end the nearly six-week strike at the automaker. The deal, which includes wage increases of at least 25% over the term of the agreement, is pending approval from UAW leaders and would still need to be ratified by Ford's 57,000 union-represented workers. If approved, the agreement with Ford could serve as a template for negotiations with General Motors and Stellantis, as the UAW expanded strikes against both companies this week.
- Ford, UAW negotiators reach labor deal, pending union leadership approval CNBC
- UAW appears to be moving toward a potential deal with Ford that could end strike The Associated Press
- UAW now open to 25% raises for its members: report TESLARATI
- UAW strike update: Ford, UAW close to contract deal, sources say Detroit Free Press
- 'Billionaires shouldn't exist': Shawn Fain is leading the auto strike crippling Detroit as if he were Bernie Sanders Yahoo Finance
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