The news story you are looking for has expired. A more recent related article is displayed below.

Ads by Google

Ford, UAW Reach Contract Deal

Oct 13, 2009 (MarketNewsVideo.com via COMTEX) -- By MarketNewsVideo.com

Company: Ford Motor Co. (F)

Ford and the United Auto Workers have come to a tentative agreement on contract concessions. The pact was presented to union leaders from Ford plants at a meeting today for a vote.

The deal modifies a four-year pact put into place in November 2007. While Ford and the UAW did not disclose details of the deal, it reportedly includes yearly bonuses based on improvements in productivity, and binds the union to go into arbitration rather than strike in the next round of contract talks.

Ford has 41,000 UAW members.

Ford shares are trading up nearly two and a quarter percent Tuesday.

The preceeding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=200910Ford101309&mv=1. 

http://www.marketnewsvideo.com/

Copyright (C) 2009 MarketNewsVideo.com. All rights reserved

News Provided by COMTEX

Company: Ford Motor Co. (F)


Related terms: contract, productivity, strike, unions, video

Related Articles

REPORT: Three Ford plants vote down new contract with UAW
Oct 27, 2009
...negotiated pretty hard with the United Auto Workers as part of the bailouts, and Ford's now in...leak out 10 days ago Ford and UAW reach tentative agreement on...Black and) Blue Oval: Ford of Canada labor costs...

Ford Considers Open App Development For Sync
Nov 9, 2009
Click Here Ford Considers Open App Development For Sync...11/9/2009 DEARBORN, MICH. — Ford Motor Company is experimenting with an...environment for its radios that could impact the Ford Sync. Ford has teamed with the University...

Ford hopes dim as workers veto changes
Oct 31, 2009
...26, 2009 photo, the Ford logo is seen on the...Workers at two more United Auto Workers locals overwhelmingly...to their contract with Ford Motor Co. on Thursday...Workers at two more United Auto Workers locals overwhelmingly...to their contract with Ford Motor Co. on Thursday...

US Ford Workers Reject Proposed Concessions
Nov 1, 2009
...Canada for all our employees," Ford said in a statement. The win for Ford in Canada, which accounts...comes as its main union, the United Auto Workers, prepares to announce...who have objected to giving Ford the same concessions already...