The United Auto Workers and Ford announced a tentative deal, while no news has been announced regarding General Motors and Stellantis.
The United Auto Workers union on Wednesday announced it had reached a tentative contract agreement with Ford, bringing a possible end to the strike that has lasted for 41 days.The Associated Press reported the deal is for four years and added that no agreements were announced for automakers General Motors and Stellantis. All three companies' factories had been impacted by the strike.According to the AP, the 57,000 UAW members at Ford still need to approve the deal.
UAW President Shawn Fain announced the deal with Ford in a video posted on Facebook.'We told Ford to pony up, and they did,' Fain said.Fain said the deal includes a 25 percent wage increase over the course of the contract and that workers will receive an 11 percent wage hike right away. According to Reuters, workers' pay will rise about 33 percent to over $40 an hour over the life of the contract when compounding and cost of living is included.
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