Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    AAVE Price Prediction: $100 Is the Line in the Sand — Here’s What Comes Next

    July 11, 2026

    Maggie Haberman Reveals A Growing Disconnect Between Trump And His Own Team

    July 11, 2026

    76 Made-in-USA Clothing Brands, From Work Boots to Cologne · Primer

    July 11, 2026
    Facebook X (Twitter) Instagram
    Trending
    • AAVE Price Prediction: $100 Is the Line in the Sand — Here’s What Comes Next
    • Maggie Haberman Reveals A Growing Disconnect Between Trump And His Own Team
    • 76 Made-in-USA Clothing Brands, From Work Boots to Cologne · Primer
    • The Fruits And Veggies That Could Be Linked To Cyclosporiasis
    • A guide for growing marketing teams
    • Oratomic raises $300M to build a viable quantum computer that needs only 20K qubits
    • Spaceship Earth & Pirates of Caribbean Lounges Add Walk-Up Waitlist in Disney World App
    • Is 90/10 Better Than 60/40 in Retirement?
    Facebook X (Twitter)
    SBM Global News
    Demo
    • Home
    • Top Stories
      • Politics
    • Business
      • Small Business
      • Marketing
    • Finance
      • Investment
    • Technology

      Oratomic raises $300M to build a viable quantum computer that needs only 20K qubits

      July 11, 2026
      Read More

      GRC3 – Company Profile – AllBusiness.com

      July 10, 2026
      Read More

      Truecaller clashes with India’s telecom regulator over anti-spam rules

      July 9, 2026
      Read More

      American Security Devices – Company Profile

      July 8, 2026
      Read More

      X adds a video editor to encourage creators to post original content, not stolen reposts

      July 8, 2026
      Read More
    • Lifestyle
      • Travel
    • Feel Good
    • Get In Touch
    SBM Global News
    Demo
    Home»Business»Ford, United Auto Workers Reach Deal That Could End Strike
    Business

    Ford, United Auto Workers Reach Deal That Could End Strike

    By Staff WriterJanuary 23, 20245 Mins Read
    Facebook Twitter LinkedIn Reddit Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The United Auto Workers union and Ford have reached a tentative agreement that could end the nearly six-week strike against the iconic Detroit automaker, the union announced Wednesday.

    The deal, the full details of which were not immediately released, must still be ratified in a vote by the 57,000 union members who work at Ford. In the meantime, the UAW continues to negotiate with General Motors and Jeep parent company Stellantis, where workers are also on strike.

    But if workers like what they see in the Ford deal, it could serve as a blueprint to resolve contract talks with the other two automakers and end work stoppages that have hit a growing number of the Big Three automakers’ factories since Sept. 15.

    In an online address to union members Wednesday night, UAW President Shawn Fain called the tentative deal a “historic agreement” that squeezed “every penny possible” out of the company.

    “We told Ford to pony up, and they did,” Fain said. “We won things nobody thought was possible.”

    The deal includes a 25% general wage increase for workers over the course of four years, the union said. Factoring in additional cost-of-living increases, the pay hikes would amount to 30% for workers currently earning the top rate and 68% for those earning the lowest, the union said.

    The agreement would also chip away at the controversial “two-tier” compensation system in which newer workers earn less for doing the same work as longer-tenured employees. Rather than taking seven years to reach the top pay rate, newer workers would top out after three years.

    The contract would also guarantee workers the right to strike when Ford shuts down a plant. “That means they can’t keep devastating our communities and closing plants with no consequences,” said Chuck Browning, the union’s vice president.

    A picket outside Ford's Chicago assembly plant where workers went on strike. The union announced a tentative deal with the company on Wednesday.
    A picket outside Ford’s Chicago assembly plant where workers went on strike. The union announced a tentative deal with the company on Wednesday.

    Ford said in a statement that it was “pleased” to have reached an agreement with the union and that it was focused on restarting its three production plants that had been shut down, including its highly profitable Kentucky Truck Plant, which produces the Super Duty pickup series.

    “Ford is proud to assemble the most vehicles in America and employ the most hourly autoworkers,” the company said.

    Fain said the union was calling on all union members at Ford to return to their jobs while the contract was going through the ratification process. He said the deal must first be approved by a union council, then be sent to members for a ratification vote. If members were to reject the deal, a strike could continue.

    President Joe Biden hailed the deal in a statement Wednesday, though he noted members would have “the final word” on the matter.

    “This tentative agreement is a testament to the power of employers and employees coming together to work out their differences at the bargaining table in a manner that helps businesses succeed while helping workers secure pay and benefits they can raise a family on and retire with dignity and respect,” the president said.

    The strike marks the first time the UAW has waged a concurrent work stoppage against all of the Big Three. Rather than walk out at all of the companies’ plants at once, the union chose to strike only select factories and then escalate by striking against more.

    Demo

    The union has tried to squeeze the companies tighter over the past two weeks by halting production of high-margin pickups and SUVs. In addition to striking Ford’s Kentucky plant, workers also walked out at Stellantis’ Ram pickup plant in Michigan and a GM plant in Texas that produces the Chevy Tahoe and Cadillac Escalade SUVs.

    “We knew we were getting close, but we also knew the companies needed a major push if we were going to make sure we got every penny possible,” Fain said. “So we took our strike to a new phase.”

    Support HuffPost

    The Stakes Have Never Been Higher

    At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.

    Our News, Politics and Culture teams invest time and care working on hard-hitting investigations and researched analyses, along with quick but robust daily takes. Our Life, Health and Shopping desks provide you with well-researched, expert-vetted information you need to live your best life, while HuffPost Personal, Voices and Opinion center real stories from real people.

    Help keep news free for everyone by giving us as little as $1. Your contribution will go a long way.

    At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.

    Help keep news free for everyone by giving us as little as $1. Your contribution will go a long way.

    As the 2024 presidential race heats up, the very foundations of our democracy are at stake. A vibrant democracy is impossible without well-informed citizens. This is why HuffPost’s journalism is free for everyone, not just those who can afford expensive paywalls.

    We cannot do this without your help. Support our newsroom by contributing as little as $1 a month.

    As the 2024 presidential race heats up, the very foundations of our democracy are at stake. At HuffPost, we believe that a vibrant democracy is impossible without well-informed citizens. This is why we keep our journalism free for everyone, even as most other newsrooms have retreated behind expensive paywalls.

    Our newsroom continues to bring you hard-hitting investigations, well-researched analysis and timely takes on one of the most consequential elections in recent history. Reporting on the current political climate is a responsibility we do not take lightly — and we need your help.

    Support our newsroom by contributing as little as $1 a month.

    View original article here

    Share. Facebook Twitter LinkedIn Email Reddit
    Previous ArticleSustainable investing: ‘People moving money could lead to huge change’
    Next Article An English Mystery: Who Killed 7 Giant Tortoises in the Forest?

    Related Posts

    UK May Intervene In $110 Billion Paramount-Warner Bros Discovery Deal

    July 2, 2026
    Read More

    Comcast Plans To Split Into 2 Public Companies By Spinning Off NBCUniversal And Sky

    July 1, 2026
    Read More

    Director Who Defrauded Netflix Gets 30-Month Prison Term

    June 30, 2026
    Read More
    Add A Comment

    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256

    AAVE Price Prediction: Target $215-225 by Mid-January 2025 as Technical Indicators Signal Bullish Momentum

    December 15, 2025240

    Ventive Hospitality Joins Green Fins: Strong ESG Lift

    February 17, 2026211
    Don't Miss
    Investment

    AAVE Price Prediction: $100 Is the Line in the Sand — Here’s What Comes Next

    By Staff WriterJuly 11, 20266 Mins Read

    Peter Zhang Jul 10, 2026 10:35 AAVE just exploded 9.53% in…

    Read More

    Maggie Haberman Reveals A Growing Disconnect Between Trump And His Own Team

    July 11, 2026

    76 Made-in-USA Clothing Brands, From Work Boots to Cologne · Primer

    July 11, 2026

    The Fruits And Veggies That Could Be Linked To Cyclosporiasis

    July 11, 2026
    Stay In Touch
    • Facebook
    • Twitter
    Demo
    About Us

    Small Business Minder brings together business and related news from around the world in one place. Follow us for all the business news you'll need.

    Facebook X (Twitter)
    Our Picks

    AAVE Price Prediction: $100 Is the Line in the Sand — Here’s What Comes Next

    July 11, 2026

    Maggie Haberman Reveals A Growing Disconnect Between Trump And His Own Team

    July 11, 2026
    Most Popular

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256
    © 2026 Small Business Minder
    • Home
    • Get In Touch

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. To get the most from our site, please disable your Ad Blocker.