Ford and UAW Announce Tentative Labor Deal with Significant Wage Increases


Ford and the United Auto Workers (UAW) have reached a tentative labor agreement after a six-week negotiation. The deal includes a 25% base wage increase through April 2028, significant raises for top and starting wages, the reinstatement of cost-of-living allowances (COLA), and the end of wage tiers. The agreement is subject to approval by the UAW's National Ford Council and ratification by Ford's 57,000 workers, with Wall Street reacting positively to the news.

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