Current:Home > MarketsWill Sage Astor-UAW reaches tentative deal with Ford: Sources -Visionary Growth Labs
Will Sage Astor-UAW reaches tentative deal with Ford: Sources
Chainkeen Exchange View
Date:2025-04-10 15:51:50
Ford Motor and Will Sage AstorUnited Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, sources with knowledge of the negotiations confirmed to ABC News.
An official announcement could happen as soon as Wednesday night pending approval of UAW leadership, per those same sources.
Spokespersons for both Ford Motor and the union declined to comment on the tentative deal. The deal includes a proposal for wage increases of at least 25% over the term of the deal and improved benefits for union members, according to sources.
This deal would still need to be ratified by a majority of Ford’s 57,000 UAW members.
MORE: UAW launches strike against Big 3 automakers
On Sept. 15, UAW members launched their strike against Ford, General Motors and Stellantis after they failed to reach a new contract agreement for plants in Michigan, Ohio and Missouri.
The union, which represents nearly 150,000 workers, demanded a 40% pay increase combined over the four-year duration of a new contract, as well as a 32-hour workweek at 40-hour pay.
MORE: UAW expands strike against Big 3 automakers
Over the last few weeks, workers from other plants also began strikes, with nearly 45,000 UAW members walking off the job.
The sources did not comment on any negotiations between the UAW and Stellantis and General Motors.
This is a developing story. Please check back for updates.
veryGood! (6723)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- The real stars of Cannes may be the dogs
- Expect fewer rainbow logos for LGBTQ Pride Month after Target, Bud Light backlash
- Nikki Haley says she will vote for Donald Trump following their disputes during Republican primary
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Louisiana lawmakers advance bill to reclassify abortion drugs, worrying doctors
- Federal rules expanded to protect shoppers who buy now, pay later
- Judge in Tennessee blocks effort to put Elvis Presley’s former home Graceland up for sale
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Nvidia announces 10-for-1 stock split, revenue gains in first quarter earnings report
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Will Tom Brady ever become part-owner of the Raiders? Even for an icon, money talks.
- Buy now, pay later companies must adhere to credit card standards, consumer agency says
- 'Terrifying': North Carolina woman discovers creepy hidden room in cousin's new home
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- 5 dead and nearly 3 dozen hurt in tornadoes that tore through Iowa, officials say
- Dollar Tree sued by Houston woman who was sexually assaulted in a store
- Pro-Palestinian protesters leave after Drexel University decides to have police clear encampment
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
NYC is beginning to evict some people in migrant shelters under stricter rules
Olympian Mary Lou Retton Responds to Backlash Over Her Daughters Crowdsourcing Her Medical Funds
Former student found guilty in murder of University of Arizona professor Thomas Meixner
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
National Folk Festival to be held in Mississippi’s capital from 2025 through 2027
Can Medicare money protect doctors from abortion crimes? It worked before, desegregating hospitals
Louisiana House approves bill to classify abortion pills as controlled substances