Ford and UAW Reach Tentative Labor Deal, Ending Strike

Negotiators for the United Automobile Workers (U.A.W.) and Ford Motor have reached an agreement on terms for a new four-year labor contract, including a roughly 25 percent pay increase over four years. The deal is subject to approval by the U.A.W. council and ratification by Ford's union workers. The U.A.W. continues to negotiate with General Motors and Stellantis. The tentative deal with Ford could increase pressure on the other companies to reach an agreement. The companies are investing in the transition to battery-powered vehicles, making it harder for them to pay substantially higher wages. The U.A.W. began a wave of walkouts against the three Detroit automakers in mid-September, demanding higher wages, an end to a system that pays new hires less, cost-of-living adjustments, and improved benefits.
- U.A.W. and Ford Negotiators Reach Accord on Contract Terms The New York Times
- Ford, UAW negotiators reach labor deal, pending union leadership approval CNBC
- UAW expected to announce contract deal with Ford Wednesday The Associated Press
- Ford reaches tentative agreement with the UAW after 41 days on strike, 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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