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Search resuls for: "Ford's UAW"


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GM and Stellantis started negotiations with the UAW on Thursday after it reached an agreement with Ford. An end to the auto workers' strike is now in sight six weeks after they began. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Ford deal could be a wake-up call not just for GM and Stellantis, but for any CEO facing with potential strike action by their workforce. AdvertisementAdvertisementThe Teamsters had threatened strike action, with more than 340,000 unionized UPS employees set to take part, which the company decided it could do without.
Persons: Stellantis, , Ford, It's, Jim Vondruska, Shawn Fain, Mary Barra, Ethan Miller, Bernie Sanders, Fain Organizations: UAW, Ford, Corporate America, Service, United Auto Workers, General Motors, GM, Reuters, Teamsters, UPS, Big Three, America Locations: Sterling Heights , Michigan, Arlington , Texas, Las Vegas
Ford makes UAW a contract offer
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: 1 min
The Ford logo is seen on the grill of an E-transit concept vehicle at the Ford Halewood transmissions plant in Liverpool, Britain, December 1, 2022. REUTERS/Phil Noble/File Photo Acquire Licensing RightsCompanies Ford Motor Co FollowAug 31 (Reuters) - Ford Motor (F.N) has made a contract offer to the United Auto Workers (UAW), the company said on Thursday. The contract offer would provide hourly employees with 15% guaranteed combined wage increases and lump-sums, and improved benefits over the life of the contract, the company said in a statement. Wages, including overtime, and lump-sum bonuses for Ford's UAW-represented hourly workers would increase from $78,000 on average in 2022 to $92,000 in the first year of the contract, the automaker said. Reporting by Gursimran Kaur in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Persons: Phil Noble, Gursimran Kaur, Shailesh Organizations: Ford, REUTERS, United Auto Workers, UAW, Ford's UAW, Thomson Locations: Liverpool, Britain, Bengaluru
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