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Ford_News
10-04-2011, 07:03 AM
Filed under: Plants/Manufacturing (http://www.autoblog.com/category/plants-manufacturing/), Ford (http://www.autoblog.com/category/ford/), UAW/Unions (http://www.autoblog.com/category/uaw-unions/)
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Ford (http://www.autoblog.com/ford) and the United Auto Workers (http://www.autoblog.com/tag/united auto workers) have agreed to a tentative labor agreement, according to Automotive News. The pact makes Ford the second domestic automaker to come to reach an accord with the labor union, and the deal covers some 41,000 workers. The agreement is expected to be discussed in further detail during separate press conferences held by representatives from the UAW (http://www.autoblog.com/tag/uaw) and Ford. While no solid details are available as of the time of writing, Automotive News suggests that the deal may be very similar to the one that General Motors (http://www.autoblog.com/tag/general motors) and the UAW recently agreed upon.

That means that we can likely to expect to see Ford planning to add or maintain domestic jobs through a variety of plant investments. Even so, Ford had sought to reduce its labor costs heading into negotiations. Some analysts suggest that Ford pays anywhere from $2-9 more per labor hour than GM (http://www.autoblog.com/tag/gm) or Chrysler (http://www.autoblog.com/chrysler) once benefits are accounted for. Additionally, Ford has fewer lower-paid workers than either of its two domestic competitors, and the automaker pays those workers more.

Stay tuned for details on the agreement.UAW, Ford reach tentative agreement (http://www.autoblog.com/2011/10/04/uaw-ford-reach-tentative-agreement/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 04 Oct 2011 08:57:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
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