Current:Home > StocksUAW reaches tentative deal with Ford: Sources -Wealth Navigators Hub
UAW reaches tentative deal with Ford: Sources
View
Date:2025-04-15 07:31:41
Ford Motor and United Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, sources with knowledge of the negotiations confirmed to ABC News.
An official announcement could happen as soon as Wednesday night pending approval of UAW leadership, per those same sources.
Spokespersons for both Ford Motor and the union declined to comment on the tentative deal. The deal includes a proposal for wage increases of at least 25% over the term of the deal and improved benefits for union members, according to sources.
This deal would still need to be ratified by a majority of Ford’s 57,000 UAW members.
MORE: UAW launches strike against Big 3 automakers
On Sept. 15, UAW members launched their strike against Ford, General Motors and Stellantis after they failed to reach a new contract agreement for plants in Michigan, Ohio and Missouri.
The union, which represents nearly 150,000 workers, demanded a 40% pay increase combined over the four-year duration of a new contract, as well as a 32-hour workweek at 40-hour pay.
MORE: UAW expands strike against Big 3 automakers
Over the last few weeks, workers from other plants also began strikes, with nearly 45,000 UAW members walking off the job.
The sources did not comment on any negotiations between the UAW and Stellantis and General Motors.
This is a developing story. Please check back for updates.
veryGood! (35728)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- 2024 NHL free agent rankings: Top 25 players to watch when free agency opens
- See them while you can: Climate change is reshaping iconic US destinations
- How to enter the CBS Mornings Mixtape Music Competition
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- NASCAR at Nashville 2024: Start time, TV, streaming, lineup for Ally 400
- Enjoy the beach this summer, but beware the sting of the jellyfish
- 2024 BET Awards: See All the Celebrity Fashion on the Red Carpet
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- NASCAR at Nashville 2024: Start time, TV, streaming, lineup for Ally 400
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Are there microplastics in your penis? It's possible, new study reveals.
- Gabby Thomas wins 200 at Olympic track trials; Sha'Carri Richardson fourth
- Olivia Culpo and Christian McCaffrey marry: See her dress
- The White House is cracking down on overdraft fees
- Inside Khloe Kardashian's Dollywood-Inspired 40th Birthday Party With Snoop Dogg
- Lautaro Martínez scores twice and Argentina playing without Messi beats Peru 2-0 to end group play
- Michael J. Fox plays guitar with Coldplay at Glastonbury: 'Our hero forever'
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
With England survival at stake, Jude Bellingham creates one of the great moments of Euro 2024
Trump Media stock price down more than 10% after days-long rebound in continued volatility
How many points did Caitlin Clark score? Rookie nears triple-double in win vs. Mercury
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Gathering of 10,000 hippies in forest shut down as Rainbow Family threatened with jail
Should gun store sales get special credit card tracking? States split on mandating or prohibiting it
Massive roof section at Delhi international airport collapses in storm, crushing cars and killing one driver