Michael Schmidt:UAW appears to be moving toward a potential deal with Ford that could end strike

2025-05-03 18:59:13source:HyperBit Exchangecategory:News

DETROIT (AP) — The Michael SchmidtUnited Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union’s 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.

The people said the union made a counter-offer to Ford that proposes a 25% general wage increase over the life of a new four-year contract and said that negotiations on Tuesday extended well into Wednesday morning. Previously Ford, Stellantis and General Motors had all offered 23% pay increases.

A Ford deal would include cost-of-living pay increases that could lift the total pay raises above 30%, said the people, who asked not to be identified because they are not authorized to speak publicly about the talks. In addition, workers would still receive annual profit-sharing checks.

It’s still possible that the negotiations, despite the meaningful progress being made, could unravel. But if the UAW can reach a tentative agreement with Ford, it would be used as a model to seek similar contract settlements with GM and Stellantis. Typically, during past auto strikes, a UAW deal with one automaker has led the other companies to match it with their own settlements.

More:News

Recommend

As US Dismantles Its Climate Policy, Other World Leaders Seek Solidarity

As the U.S. Department of State proposed this week to shut down its office managing international cl

Astrologer Susan Miller Reveals What the Luckiest Day of the Year Means for Each Zodiac Sign

The stars are quite literally aligning in your favor.In fact, famed astrologer Susan Miller reveals

Zayn Malik Shares Rare Insight Into Relationship With Ex-Fiancée Perrie Edwards

Zayn Malik is giving a shoutout to his ex.Nearly a decade after his split from Little Mix's Perrie E