Instant view: Ford reaches tentative deal with striking UAW workers
© Reuters. FILE PHOTO: Two Striking United Auto Worker union members hug good bye at the end of their picket shift outside the Ford Michigan Assembly Plant in Wayne, Michigan U.S. October 25, 2023. REUTERS/Rebecca Cook/File Photo) and United Auto Workers union negotiators reached a tentative labor deal after a six-week strike, UAW President Shawn Fain said on Wednesday, agreeing on a 4-1/2-year contract that would provide a record pay boost.
"This lays the groundwork for the next two contracts and they should fall in line fairly quickly because all three were within a narrow gap of each other." "The strike so far has been painful for everybody and knowing what it takes to get a signed contract should bring them to the table much quicker.""I applaud the UAW and Ford for coming together after a hard fought, good faith negotiation and reaching a historic tentative agreement tonight. This tentative agreement provides a record raise to auto workers who have sacrificed so much to ensure our iconic Big Three companies can still lead the world in quality and innovation...
"Critical to building an economy from the middle out and bottom up, instead of from the top down, is worker power. It's showing how collective bargaining works by providing workers a seat at the table and the opportunity to improve their lives while contributing fully to their employer's success.
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