November 5, 2007

Ford and UAW reach tentative agreement on new labour contract in the U.S.

Dearborn, Michigan – The United Auto Workers Union (UAW) and Ford have reached a tentative agreement on a four-year national labour contract, covering approximately 54,000 represented employees in the United States.

The agreement, subject to ratification by UAW members, includes a memorandum of understanding to establish an independent retiree health care trust.

“Though we will not discuss the specifics of the tentative agreement until after it becomes final, we believe it is fair to our employees and retirees, and paves the way for Ford to increase its competitiveness in the United States,” said Joe Laymon, group vice president, Human Resources and Labor Affairs for Ford.

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