Ford, UAW negotiators reach tentative labor deal - sources | Inquirer Business

Ford, UAW negotiators reach tentative labor deal – sources

/ 07:43 AM October 26, 2023

UAW union members picket outside Ford's Kentucky truck plant

United Auto Workers (UAW) union members picket outside Ford’s Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. Oct 12, 2023. REUTERS/Luke Sharrett//File photo

Ford Motor and the negotiators of the United Auto Workers (UAW) union have reached a tentative labor deal, pending union leadership approval, three sources familiar with the matter said on Wednesday.

A deal would be the first settlement of strikes against Ford, General Motors and Chrysler-parent Stellantis.


The deal is expected to provide a 25-percent wage hike through the life of the contract, including 11 percent to start, one of the sources said.


READ: US auto workers’ strike: What are the implications?

More than 45,000 union members working at the Detroit Three automakers have joined walkouts that began on Sept. 15.

CNBC earlier reported the tentative deal.

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TAGS: automotive industry, labor strike, U.S.

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