US auto workers union reaches preliminary deal with Ford - News Summed Up

US auto workers union reaches preliminary deal with Ford


US auto workers union reaches preliminary deal with FordUAW President Shawn Fain, shown at a Chicago rally earlier this month, hailed a tentative agreement with Ford as an historic win. (Photo: AFP)NEW YORK - The auto workers union in the United States reached a tentative agreement with Ford late Wednesday, a breakthrough in a 41-day stoppage on Detroit's "Big Three" car manufacturers. The deal, which rank-and-file workers must still approve in a vote, includes a 25% wage increase for hourly employees, the United Auto Workers (UAW) union said. "For months we've said that record profits mean record contracts," said UAW President Shawn Fain in a statement. But in a twist, the UAW said Ford workers would return to their shifts to apply pressure to GM and Stellantis.


Source: Bangkok Post October 26, 2023 16:37 UTC



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