Ford Agrees To 25% Wage Hike: The United Auto Workers (UAW) has reached a tentative labor agreement with Ford Motor Co, which includes a record 25% hourly wage hike over the life of the contract. The deal is expected to be ratified by Ford s 57,000 US hourly workers, a process that could take weeks. UAW hopes that General Motors Co and Stellantis NV will agree to similar terms, putting pressure on them to end the strike that has cost the industry billions of dollars. The strike has affected multiple plants and facilities, causing significant financial losses for the automakers involved.
WASHINGTON, Oct 12 An auto workers strike in the United States expanded Wednesday with 8,700 more employees walking off their jobs, said the United Automobile Workers (UAW).
Ford, GM and Stellantis have made new proposals in an effort to end the escalating cycle of walkouts that threaten to undercut profits and cripple smaller suppliers.
Ford, GM and Stellantis have made new proposals in an effort to end the escalating cycle of walkouts that threaten to undercut profits and cripple smaller suppliers.
Ford and General Motors said around 500 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike at Detroit's "Big Three" automakers.