The UAW last week launched a strike against Ford (F.N), General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI), targeting one U.S. assembly plant at each company.
The union said early on Tuesday that negotiations had been extended for 24 hours after it received a "substantive offer" from Ford.
[1/2]An aerial view shows recently manufactured vehicles at Ford's Oakville Assembly Plant in Oakville, Ontario, Canada May 26, 2023.
Once the Ford deal is completed, Unifor will turn to getting agreements with GM and Stellantis, whose deadlines were extended during the talks with Ford.
The UAW at one point during the talks offered to lower its demand to 36%.
Persons:
We're, Shawn Fain, Ford, Lana Payne, Carlos Osorio, Unifor, Janet Yellen, Stellantis's Ram, Jahnavi, Ben Klayman, Jamie Freed
Organizations:
DETROIT, United Auto Workers, Detroit Three, UAW, Ford, General Motors, Chrysler, Plant, REUTERS, GM, Reuters Graphics, Detroit automakers, Ford Bronco, Chevrolet, Michigan Bronco, GM's, Silverado, Thomson
Locations:
Canadian, Canada, Ford, United States, Ontario, Kentucky, Dearborn , Michigan, Kansas City , Missouri, North America, Oakville, Oakville , Ontario, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, Bengaluru, Ben, Detroit