Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023.
DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, $5,000 ratification bonuses and other economic gains such as 25% compounded wage increases and improved profit-sharing payments.
The 4 ½-year tentative agreement, which was announced Wednesday, will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday.
UAW leaders outlined some details of the tentative agreement last week but released the summary and more than 800-page contract Sunday after local union leaders approved it for member voting.
The UAW announced a tentative deal Saturday with Stellantis, however, it has yet to reach a new agreement with GM, despite the sides being close to a deal last week.
Persons:
Shawn Fain, Chuck Browning
Organizations:
United Auto Workers, Plant, DETROIT – Local United Auto Workers, Ford, UAW, General Motors, Chrysler, Stellantis, GM, Ohio Assembly, Louisville Assembly, Ford Expedition, Lincoln, Kansas, Kansas City Assembly
Locations:
Michigan, Wayne , Michigan, Kentucky, Kansas City