After weeks of negotiations amid targeted strikes, Ford and the United Auto Workers (UAW) union reach a tentative deal on a new work contract. Auto123 has
After weeks of tough negotiations amid targeted strikes, the United Auto Workers union has reached a tentative deal with Ford Motor Company in the U.S. The deal still needs to be approved by union leaders and ratified via a vote by its members. If that happens, it marks an important breakthrough in the work conflict and we could see deals with rival auto giants General Motors and Stellantis soon fall in to place.
Stellantis recently saw the strike action extend to include its plant manufacturing lucrative Ram 1500 trucks. Given the financial strain, Stellantis is exploring options like selling 18 U.S.-based facilities to mitigate the strike's impact. The company also recently announced it’s pulling out of the upcoming SEMA show in Las Vegas and the Los Angeles Auto Show in November in order to cut costs.
Both Stellantis and GM say they’re committed to work towards preliminary agreements with the UAW following Ford's deal.
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