Report: UAW Moves Toward Strike-Ending Deal with Ford - Modern Distribution Management

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Report: UAW Moves Toward Strike-Ending Deal with Ford

Earlier this week, the 40-day strike expanded to a General Motors plant in Texas, where 5,000 workers walked out.

Lead photo courtesy of UAW on X.

There are signs that United Auto Workers and Ford are close to an agreement, which would end the union’s six-week, ongoing strike against Detroit’s “Big Three” automakers, sources told the Associated Press.

Ford received a counter-offer from the union that proposes a 25% general wage increase over a new four-year contract, and negotiations continued well into Wednesday morning. A 23% pay increase was previously offered by Ford, Chrysler parents Stellantis and General Motors, the AP said.

Earlier this week, the 40-day strike expanded to a General Motors plant in Texas, where 5,000 workers walked out. The strike is now at 40 days and involves 46,000 union workers, roughly 32% of UAW’s 146,000 workers.

According to Reuters, Anderson Economic Group LLC estimated earlier this week that economic losses for the auto industry from the strike have topped $9.3 billion.

A UAW deal with one automaker in the past has typically led the other companies to match it, the AP reported.

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