Leaders of the United Auto Workers union on Sunday shared more details from its tentative contract agreement with Ford Motor Company, which has been used to establish similar deals with General Motors and Stellantis to end this year’s auto strike.
Wages from new United Auto Workers contracts will increase alongside unprecedented competition, adding to pressures facing U.S. auto companies as they balance costs and profitability.
While Ford and the UAW came to a tentative agreement on Wednesday, Stellantis and General Motors strikers are anxiously anticipating their own historic deal.