Ford, UAW Reach Tentative Deal
Includes 25% wage bump, awaits member ratification.
The union said the cumulative increase amounts to a top wage of more than $40 an hour and a starting wage of $28 an hour.
IMAGE: Ford
Ford reached a tentative contract agreement with the United Auto Workers union after almost six weeks of strikes, becoming the first of the big three Detroit automakers to end plant walkouts.
UAW had kept pushing for higher wages, and Ford ultimately decided to acquiesce, granting 25% increases over the contract, which would stretch into 2028.
The union said the cumulative increase amounts to a top wage of more than $40 an hour and a starting wage of $28 an hour.
The agreement, which awaits union member ratification, is the first among the big three and therefore pressures General Motors and Jeep maker Stellantis to follow suit.
UAW President Shawn Fain said in a video statement that the union aimed to get a greater share of automakers’ record profits in wages.
“Since the strike began, Ford put 50% more on the table than when we walked out. This agreement sets us on a new path to make things right at Ford, at the Big Three, and across the auto industry. Together, we are turning the tide for the working class in this country.”
Ford President and CEO Jim Farley said in a statement that it’s proud to employ the most hourly auto workers and that it’s looking forward to “shipping our full lineup to our customers again.”
The company releases its third-quarter results later today, though full effects of the strike may not be seen until the fourth.
Originally posted on Auto Dealer Today
More Industry
Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →