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Ford Strikes Last-Minute Deal with Canadian Workers, Avoiding Strike

  • Ford and Canadian union Unifor reached a last-minute tentative deal, averting a strike in Canada.

  • Details of the 3-year deal covering 5,600 workers are not released yet, pending ratification by Unifor members.

  • Unifor said the deal will provide a foundation for future worker gains.

  • Meanwhile, U.S. UAW workers striking against Detroit automakers warned of further action if no deal is reached by Friday.

  • Ford shares ticked up in pre-market trading Wednesday, and are up 7.5% year-to-date.

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Relevant topic timeline:
United Auto Workers members have overwhelmingly authorized a strike against General Motors, Ford Motor, and Stellantis during ongoing contract negotiations, with an average of 97% of members supporting the action, although the final votes are still being counted.
Unifor, the Canadian autoworkers union, has selected Ford Motor Co. as the automaker to negotiate a new labor contract with, pausing negotiations with General Motors and Stellantis, with hopes of reaching a deal by September 18.
The United Auto Workers union and three Detroit automakers are facing a looming strike as contract negotiations stall, potentially impacting the U.S. economy and the companies' profits amid the shift to electric vehicles and demands for improved wages and benefits.
Ford has put forth a better offer in contract negotiations with the UAW, focusing on improvements in wages, cost-of-living adjustments, and contract ratification bonuses, in an effort to avoid a labor strike before the September 14 deadline.
The United Auto Workers union is ready to go on strike at American automakers if a tentative deal is not reached by Thursday night, with the union demanding significant wage increases and the return of traditional pension plans and retiree healthcare for all members.
Negotiations between the United Auto Workers and Detroit automakers Ford, General Motors, and Stellantis are reaching a critical point as the possibility of a simultaneous strike at all three companies looms.
The United Auto Workers union plans to implement targeted strikes at certain plants if tentative contracts are not reached with General Motors, Ford Motor, and Stellantis, potentially affecting local contract issues and involving work stoppages only at specific plants.
Canadian autoworkers' union Unifor has struck a new three-year deal with Ford Motor Co. that includes significant wage increases and investments in electric vehicle production, benefiting over 5,600 Ford workers in Ontario, Canada.
Ford's unionized Canadian autoworkers have begun voting on a tentative agreement that delivers gains in pensions, wages, managing the electric vehicle transition, and new investments, which are areas of interest to UAW members on picket lines in the United States.
Summary: The United Auto Workers' strike against the Big Three automakers continues, with Ford reaching a deal with Canadian auto workers but no breakthroughs in negotiations with the UAW, as President Joe Biden prepares to visit the picket lines amid concerns over parts and supply shortages.
Strikes by United Auto Workers at General Motors, Stellantis, and Ford plants could escalate on Friday if negotiations do not make significant progress, potentially affecting more automaker sites.
Ford Motor makes a new offer to United Auto Workers to end strikes, while General Motors temporarily lays off more workers.
Ford Motor Co. has made a comprehensive offer to the United Auto Workers in an effort to reach a tentative agreement on a new contract, which includes various benefits and wage increases, while the union is seeking greater job security and retirement benefits during the transition to electric vehicles.
The president of the United Auto Workers union did not announce a strike expansion or deal with carmakers in his latest social media address, but negotiations continue.
The United Auto Workers union has announced that Ford, General Motors, and Stellantis are likely to avoid an expansion of the ongoing strikes, as significant progress has been made in negotiations with GM regarding the future of auto jobs and the transition to electric vehicles.
Canadian autoworkers union Unifor is encountering resistance from General Motors in its negotiations for a new agreement, including issues related to full-time temporary workers and benefits for retirees, as the deadline to reach a deal approaches.
The United Auto Workers' negotiator expressed hope for a possible agreement with Stellantis this week as the unprecedented strike against all three Detroit automakers continues on its 24th day.
The United Auto Workers strike continues as workers reject a tentative deal, while Canada's auto union, Unifor, faces difficulties in negotiations with GM.
Union members at Mack Trucks reject a tentative deal with management, prompting a strike, while in Canada, negotiations between Unifor and GM become difficult as a strike deadline approaches.
The Canadian union representing General Motors workers calls for a strike due to disagreements over several issues, including the transition of temporary workers to permanent status and healthcare allowances for retirees.
Labor strikes at General Motors have now become an international issue as Canadian union Unifor fails to reach a tentative agreement, joining the strike of United Auto Workers members in the US.
General Motors has reached a tentative agreement with Canadian autoworkers after a national strike was called by the union, and the strike has been put on hold for workers to vote on the agreement.
General Motors and the Canadian autoworkers' union, Unifor, have reached a tentative contract agreement, ending a strike that began recently and allowing the striking workers to return to work.
The United Auto Workers union escalated its strike against Ford by ordering workers to go on strike at the company's largest plant, the Kentucky Truck Plant, after negotiations failed to yield a satisfactory contract agreement.
Unifor, the autoworkers' union in Canada, has released the details of its tentative agreement with General Motors, including the conversion of temporary workers to permanent status, wage increases, improved benefits, and a reduction in the time it takes for workers to reach top pay.
The United Auto Workers escalated their action against Ford after receiving the same offer as two weeks ago, resulting in a strike that shut down Ford's Kentucky truck plant and led to temporary layoffs.