Current:Home > reviewsUAW appears to be moving toward a potential deal with Ford that could end strike -MoneyFlow Academy
UAW appears to be moving toward a potential deal with Ford that could end strike
View
Date:2025-04-19 10:41:29
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! (3)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Rihanna Performs First Full Concert in 8 Years at Billionaire Ambani Family’s Pre-Wedding Event in India
- Singapore to Build World’s Largest Facility that Sucks Carbon From the Sea
- Manatee stamps coming out to spread awareness about threatened species
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Hailey Bieber Shuts Down Justin Bieber Marriage Speculation With Birthday Message
- Andy Russell, star LB who helped turn Pittsburgh Steelers into champions, dies at 82
- Who is the most followed person on Instagram? A rundown of the top 10.
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Kacey Musgraves announces world tour in support of new album 'Deeper Well,' new song
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Returning to Ukraine's front line, CBS News finds towns falling to Russia, and troops begging for help
- Trove of ancient skulls and bones found stacked on top of each other during construction project in Mexico
- 10,000 cattle expected to be slaughtered by the Smokehouse Creek Fire, reports say
- Federal hiring is about to get the Trump treatment
- Man being evicted shoots, kills Missouri police officer and process server, police say
- As Caitlin Clark closes in on all-time scoring record, how to watch Iowa vs. Ohio State
- Rapper Danny Brown talks Adderall and pickleball
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
A party like no other? Asia’s richest man celebrates son’s prenuptials with a star-studded bash
As Caitlin Clark closes in on all-time scoring record, how to watch Iowa vs. Ohio State
'No minimum age to start': Illinois teen says investing young allowed her to buy Tesla
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Did Charlotte the stingray give birth? Fans, social media are abuzz as 'baby' watch begins
Map shows falling childhood vaccination rates in Florida as state faces measles outbreak
NFL draft prospect Tyler Owens nearly breaks world broad-jump record, exits workout with injury