Ford-UAW Deal Includes 25% Raises, $8 Billion Plant Investments
- Future battery plant workers will have chance to join UAW
- Workers get $5,000 ratification bonus, immediate raises
United Auto Workers members and supporters on a picket line outside the Ford Motor Co. Chicago Assembly Plant in Chicago, Illinois, US, on Sept. 30.
Photographer: Taylor Glascock/BloombergThis article is for subscribers only.
Ford Motor Co.’s tentative agreement to end the six-week strike by the United Auto Workers includes $8.1 billion in investments at both internal combustion and electric vehicle plants, as well as record raises.
In a livestream broadcast Sunday evening, UAW President Shawn Fain called the contract “a huge victory,” and touted its economic improvements, job protections and “pathway” for future EV workers to be able to come under the union’s master agreement.