Current:Home > MyUAW appears to be moving toward a potential deal with Ford that could end strike -Capitatum
UAW appears to be moving toward a potential deal with Ford that could end strike
View
Date:2025-04-27 14:41:03
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! (91994)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Yemeni security forces deploy in Aden as anger simmers over lengthy power outages
- 2 people caught on camera committing alleged archaeological theft at historic 1800s cowboy camp at Utah national park
- Dow hits 40,000 for the first time as bull market accelerates
- Former longtime South Carolina congressman John Spratt dies at 82
- 11 people die in mass shootings in cartel-plagued part of Mexico amid wave of mass killings
- Dow hits 40,000 for the first time as bull market accelerates
- Chris Pratt Speaks Out on Death of His Stunt Double Tony McFarr at 47
- A South Texas lawmaker’s 15
- Tyson Fury says fighters hating on Mike Tyson vs. Jake Paul bout are just jealous
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Donor and consultant convicted again of trying to bribe North Carolina’s insurance commissioner
- 'IF': How John Krasinski's daughters helped him create his 'most personal' movie yet
- Watchdog: EPA’s lead pipe fix sent about $3 billion to states based on unverified data
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Former NBA standout Stephon Marbury now visits Madison Square Garden to cheer on Knicks
- As countries tighten anti-gay laws, more and more LGBTQ+ migrants seek safety and asylum in Europe
- Netflix confirms 'Happy Gilmore 2' with Adam Sandler: What we know
Recommendation
Average rate on 30
Lens to Impress: We Found All The Viral Digital Cameras That It-Girls Can't Get Enough Of Right Now
Harris accepts CBS News' vice presidential debate invitation
California’s water tunnel to cost $20 billion. State officials say the benefits are worth it
Stamford Road collision sends motorcyclist flying; driver arrested
Latinos found jobs and cheap housing in a Pennsylvania city but political power has proven elusive
Army will present Purple Heart to Minnesota veteran 73 years after he was wounded in Korean War
Arkansas Supreme Court upholds 2021 voting restrictions that state judge found unconstitutional