Phaninc Exchange|UAW appears to be moving toward a potential deal with Ford that could end strike

2025-04-30 03:56:06source:Safetyvaluecategory:Scams

DETROIT (AP) — The Phaninc ExchangeUnited Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union’s 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.

The people said the union made a counter-offer to Ford that proposes a 25% general wage increase over the life of a new four-year contract and said that negotiations on Tuesday extended well into Wednesday morning. Previously Ford, Stellantis and General Motors had all offered 23% pay increases.

A Ford deal would include cost-of-living pay increases that could lift the total pay raises above 30%, said the people, who asked not to be identified because they are not authorized to speak publicly about the talks. In addition, workers would still receive annual profit-sharing checks.

It’s still possible that the negotiations, despite the meaningful progress being made, could unravel. But if the UAW can reach a tentative agreement with Ford, it would be used as a model to seek similar contract settlements with GM and Stellantis. Typically, during past auto strikes, a UAW deal with one automaker has led the other companies to match it with their own settlements.

More:Scams

Recommend

The company planning a successor to Concorde makes its first supersonic test

A private company aiming to build the first supersonic airliner since the Concorde retired more than

Man surfing off Maui dies after shark encounter, Hawaii officials say

A 39-year-old surfer died after a shark encounter in Maui on Saturday, officials in Hawaii said. The

South Korean opposition leader is attacked and injured by an unidentified man, officials say

SEOUL, South Korea (AP) — South Korean opposition leader Lee Jae-myung was attacked and injured by a