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The four-year deal still has to be approved by 57,000 union members at the company.
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Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company's future is at stakeIn a rare speech during contract talks in Dearborn, Michigan, Ford said high labor costs could limit future investments. The great-grandson of company founder Henry Ford said that will cost many jobs and America will also lose.
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The union went on strike Sept. 14 when it couldn’t reach agreements on new contracts with Ford, General Motors and Jeep maker Stellantis.
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Detroit automakers say they offered new contract proposals up to the strike deadline that included what they call “historic” wage increases
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The plan does not guarantee a complete labor halt at Ford, Stellantis, and General Motors
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A work stoppage targeting General Motors, Ford and Stellantis has thepotential to reshape the political landscape in battleground Michigan.And a strike reverberate economically nationwide.
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UAW chief: Union to strike any Detroit automaker that hasn't reached deal as contracts end next weekPresident Shawn Fain left open the possibility of avoiding a strike. He acknowledged that the union will have to give up some of its demands toreach agreements
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The Biden administration’s top economic adviser is echoing the president’s call for automakers and the United Auto Workers to reach a new contract that’s fair to both sides. Biden reportedly understands both sides of the negotiations
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The study was conducted by The Anderson Economic Group
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American car companies say their workers have the automotive industries best pay and benefits. But when the union and management meet at the bargaining table this week, the union will be asking for more