Current:Home > reviewsUAW appears to be moving toward a potential deal with Ford that could end strike -ProsperityEdge
UAW appears to be moving toward a potential deal with Ford that could end strike
View
Date:2025-04-14 23:27:21
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! (83113)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Jordan Mailata: From rugby to earning $100-plus million in Eagles career with new contract
- Why women's March Madness feels more entertaining than men's NCAA Tournament
- American families of hostages in Gaza say they don’t have time for ‘progress’ in cease-fire talks
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Does Amazon's cashless Just Walk Out technology rely on 1,000 workers in India?
- What Dance Moms' Abby Lee Miller Really Thinks of JoJo Siwa's New Adult Era
- Voting company makes ‘coercive’ demand of Texas counties: Pay up or lose service before election
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Panthers sign Pro Bowl DT Derrick Brown to four-year, $96 million contract extension
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Kirsten Dunst and Jimmy Kimmel Reveal Their Sons Got Into a Fight at School
- When will the Fed cut rates? Maybe not in 2024, one Fed official cautions
- Horoscopes Today, April 4, 2024
- Questlove charts 50 years of SNL musical hits (and misses)
- P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect
- 'Ambitious' plan to reopen channel under collapsed Baltimore bridge by May's end announced
- French diver slips on springboard, falls into pool during Paris Olympics inauguration
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
South Carolina women stay perfect, surge past N.C. State 78-59 to reach NCAA title game
Experts predict extremely active Atlantic hurricane season
What's next for Chiefs in stadium funding push? Pivot needed after fans reject tax measure
This was the average Social Security benefit in 2004, and here's what it is now
Madonna asks judge to toss lawsuit over late concert start time: Fans got just what they paid for
Nickelodeon 'Double Dare' host Marc Summers says 'Quiet on Set' producers blindsided him
Gray wolves hadn’t been seen in south Michigan since the 1900s. This winter, a local hunter shot one