Ford and UAW Reach Tentative Deal with 25% Pay Raise Amid Growing Auto Strikes
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The UAW and Ford reached a tentative 4-year contract deal including a 25% pay increase and gains on pensions and job security.
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The deal could ease deals with GM and Stellantis and end growing strikes targeting profitable models.
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The UAW continues negotiating with GM and Stellantis as 45,000 workers strike across the 3 automakers.
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Ford said meeting UAW demands risks competitiveness, but UAW wants momentum to organize other autoworkers.
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The deal follows escalating strikes targeting GM and Stellantis trucks and SUVs. UAW said it was "checkmate" for Ford.