The tentative deal that needs to be ratified by UAW members at Ford is likely to set a pattern for agreements at Stellantis and GM.
Share on email union and Ford reached a tentative contract agreement on Wednesday night that would end almost six weeks of strike action against the automaker.The tentative agreement, announced by the union and Ford, still needs to be ratified by some 57,000 UAW members at Ford.
"The agreement grants 25% in base wage increases through April 2028, and will cumulatively raise the top wage by over 30% to more than $40 an hour, and raise the starting wage by 68%, to over $28 an hour," it added. The agreement reinstates major benefits "lost during the Great Recession," including cost-of-living allowances and a three-year wage progression, as well as killing wage tiers in the union. It improves retirement for current retirees, those workers with pensions, and those who have 401 plans.
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