Current:Home > MarketsUAW appears to be moving toward a potential deal with Ford that could end strike -ProfitPioneers Hub
UAW appears to be moving toward a potential deal with Ford that could end strike
View
Date:2025-04-13 06:11:37
DETROIT (AP) — The United 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.
veryGood! (64612)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- John Oliver Has a Surprising Response to Kate Middleton Conspiracy Theories
- Mississippi ballot initiative process faces narrowing path to being restored
- Drew Barrymore, those menopause supplements she's raving about and what experts want you to know
- Chief beer officer for Yard House: A side gig that comes with a daily swig.
- Russell Wilson Is the MVP After Helping Ciara With Her Breastmilk
- How Clean Energy Tax Breaks Could Fuel a US Wood Burning Boom
- Truck driver charged with negligent homicide in deadly super fog 168-car pileup in Louisiana
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- One Tree Hill's Bryan Greenberg Joining Suits L.A. Spinoff Show
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Odell Beckham Jr. landing spots: Bills and other teams that could use former Ravens WR
- See Exes Phaedra Parks and Apollo Nida Reunite in Married to Medicine Reunion Preview
- Ex-Tennessee Titans scout Blaise Taylor charged after deaths of girlfriend, unborn child
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- Reneé Rapp Details Most Rewarding Experience of Her Coming Out Journey
- Bees swarm Indian Wells tennis tournament, prompting almost two-hour delay
- Wisconsin Republican Senate candidate Hovde promises to donate salary to charity
Recommendation
US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
Tornadoes ravage Ohio, Midwest; at least 3 dead, damage widespread
Ex-Tennessee Titans scout Blaise Taylor charged after deaths of girlfriend, unborn child
Monica Sementilli and Robert Baker jail love affair reveals evidence of murder conspiracy, say prosecutors
Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
Missouri Senate passes sweeping education funding bill
Wendy Williams 'lacked capacity' when she agreed to film Lifetime doc, unsealed filings say
Nevada Patagonia location first store in company's history to vote for union representation