Ford Reaches Tentative Deal with UAW, Ending Kentucky Truck Plant Strike
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The UAW struck Ford's Kentucky Truck Plant on Oct 11, putting pressure on Ford during negotiations. This came after Ford's CEO plead with UAW to "stop this now".
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Marathon negotiating sessions started on Tuesday and continued overnight into Wednesday morning, when a tentative deal was reached.
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The UAW threatened to strike Ford's massive Rouge complex on Wednesday if a deal wasn't reached, which Ford wanted to avoid.
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Even though a tentative deal was reached, the UAW is keeping pressure on GM and Stellantis by having Ford workers return before ratification.
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Ford reported a Q3 profit despite the strike costing them $100M, but warned of uncertainty in restarting production.