Ford and UAW Reach Tentative Deal, Ending Strike
- Ford Motor and UAW reach tentative labor deal, ending strike vs. Ford.
- Deal includes 25% wage hike over contract, other concessions for UAW.
- UAW to use Ford deal as template in talks with GM, Stellantis.
- Ford stock rose modestly, while GM and Stellantis shares were mixed.
- Nonunion automakers like Tesla, Toyota may benefit from UAW strike.