DEVELOPING: United Auto Workers Union Reaches Tentative Agreement with Ford: Report
The United Auto Workers union reached a tentative deal with Ford Wednesday evening, according to ABC News.
For the first time in the history of the 150,000-member United Auto Workers Union, members went on strike against the “Big 3” manufacturers last month after no deal was reached.
The “Big 3” include Ford, General Motors, and Stellantis, the newly-formed merger of Fiat Chrysler and the PSA Group.
“Key demands from the union have included 40% hourly pay increases; a reduced, 32-hour, workweek; a shift back to traditional pensions; the elimination of compensation tiers; and a restoration of cost-of-living adjustments. Other items on the table include enhanced retiree benefits and better vacation and family leave benefits,” CNBC reported.
