(Photo by Bill Pugliano/Getty Images)
OAN’s James Meyers
8:22 AM – Thursday, October 26, 2023
The United Auto Workers union (UAW) and Ford have reached a tentative agreement that would end the strike.
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The deal was confirmed by both parties on Wednesday, signaling the end to the almost six-week strike with the Big Three Automaker.
“Record profits mean record contracts. We have a tentative agreement at Ford,” the UAW wrote in a post on X formerly known as Twitter.
Additionally, Ford also issued a statement claiming the company was “pleased to have reached a tentative agreement on a new labor contract with the UAW covering operations in the United States.”
“Ford is proud to assemble the most vehicles in America and employ the most hourly autoworkers. We are focused on restarting Kentucky Truck Plant, Michigan Assembly Plant and Chicago Assembly Plant, calling 20,000 Ford employees back to work and shipping our full lineup to our customers again. The agreement is subject to ratification by Ford’s UAW-represented employees. Consistent with the ratification process, the UAW will share details with its membership,” Ford’s statement concluded.
However, the deal would still need to be ratified by the majority of Ford’s 57,000 UAW members.
According to multiple sources, Ford and the union held ramped up negotiations Tuesday and Wednesday in an attempt to finalize a deal.
The union, which makes up almost 150,000 workers, demanded a 40% pay increase over the four-year duration of a new contract, as well as a 32-hour workweek at 40-hour pay.
This comes after other workers from other auto plants began striking, with almost 45,000 UAW members walking off the job site.
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