Current:Home > StocksUAW reaches tentative deal with Ford: Sources-Angel Dreamer Wealth Society D1 Reviews & Insights
UAW reaches tentative deal with Ford: Sources
View Date:2024-12-23 22:54:49
Ford Motor and United Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, sources with knowledge of the negotiations confirmed to ABC News.
An official announcement could happen as soon as Wednesday night pending approval of UAW leadership, per those same sources.
Spokespersons for both Ford Motor and the union declined to comment on the tentative deal. The deal includes a proposal for wage increases of at least 25% over the term of the deal and improved benefits for union members, according to sources.
This deal would still need to be ratified by a majority of Ford’s 57,000 UAW members.
MORE: UAW launches strike against Big 3 automakers
On Sept. 15, UAW members launched their strike against Ford, General Motors and Stellantis after they failed to reach a new contract agreement for plants in Michigan, Ohio and Missouri.
The union, which represents nearly 150,000 workers, demanded a 40% pay increase combined over the four-year duration of a new contract, as well as a 32-hour workweek at 40-hour pay.
MORE: UAW expands strike against Big 3 automakers
Over the last few weeks, workers from other plants also began strikes, with nearly 45,000 UAW members walking off the job.
The sources did not comment on any negotiations between the UAW and Stellantis and General Motors.
This is a developing story. Please check back for updates.
veryGood! (419)
Related
- It's cozy gaming season! Video game updates you may have missed, including Stardew Valley
- Where Jill Duggar Stands With Her Controversial Family Today
- 10 Days of Climate Extremes: From Record Heat to Wildfires to the One-Two Punch of Hurricane Laura
- USPS is hiking the price of a stamp to 66 cents in July — a 32% increase since 2019
- Mike Tomlin's widely questioned QB switch to Russell Wilson has quieted Steelers' critics
- Exxon Accused of Pressuring Witnesses in Climate Fraud Case
- Midwest Flooding Exposes Another Oil Pipeline Risk — on Keystone XL’s Route
- Congress Extends Tax Breaks for Clean Energy — and Carbon Capture
- Tech consultant testifies that ‘bad joke’ led to deadly clash with Cash App founder Bob Lee
- Bindi Irwin Honors Parents Steve and Terri's Eternal Love in Heartfelt Anniversary Message
Ranking
- Republican Dan Newhouse wins reelection to US House in Washington
- BP’s Selling Off Its Alaska Oil Assets. The Buyer Has a History of Safety Violations.
- Summer House Cast Drops a Shocker About Danielle Olivera's Ex Robert Sieber
- Biden Climate Plan Looks For Buy-in From Farmers Who Are Often Skeptical About Global Warming
- Ariana Grande's Brunette Hair Transformation Is a Callback to Her Roots
- Court Sides With Trump on Keystone XL Permit, but Don’t Expect Fast Progress
- Nuclear Power Proposal in Utah Reignites a Century-Old Water War
- How Much Does Climate Change Cost? Biden Raises Carbon’s Dollar Value, but Not by Nearly Enough, Some Say
Recommendation
-
Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected
-
12 Things From Goop's $29,677+ Father's Day Gift Ideas We'd Actually Buy
-
In ‘After Water’ Project, 12 Writers Imagine Life in Climate Change-Altered Chicago
-
This $20 Amazon Top Is the Perfect Addition to Any Wardrobe, According to Reviewers
-
Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved
-
Florida police say they broke up drug ring selling fentanyl and xylazine
-
I've Tried Over a Hundred Mascaras—This Is My New Go-To for the Quickest Faux-Looking Lashes
-
Country singer Kelsea Ballerini hit in the face with bracelet while performing