Friday, November 02, 2007

Ford within Hours of Tentative Contract

Autonews.com has flashed a story that Ford and the UAW are within hours of a tentative collective bargaining agreement. Earlier speculation was that Ford bargaining would be hurt by tummult at Chrysler over thousands of layoffs the week after their contract with UAW was approved.

According to Autonews, Ford agreed to outsource fewer non-manufacturing jobs than Chrysler or GM, including forklift drivers. Other provisions appear to be similar to the GM and chrysler pacts, including two-tier wage levels, VEBA plan for retiree benefits.
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