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    UAW Leaders Approve Tentative Agreement With Ford, Heads To Members For Final Vote


    • The UAW Leaders Give the Green Light For the Tentative Agreement Between It and Ford

    The UAW leadership has given the ok to the Ford-UAW tentative agreement that was announced on Friday. According to the Detroit Free Press, the UAW leaders for Ford were briefed yesterday by UAW officials where they gave it the green light.

     

    Unlike FCA and GM's contacts, we know a little bit more about what will be coming to Ford's UAW workers. To start, UAW workers will get a $10,000 signing bonus ($8,500 bonus plus $1,500 of profit sharing), a plan to eliminate the two-tier wage system, and $9 billion in investments for future products.

     

    The future investments are interesting as the Free Press has learned from a source that will include the Ranger and the return of Bronco nameplates. We got hints of this back in August when talks of bringing back the Ranger we being talked about. It's expected both models will be built at Ford's Michigan Assembly Plant by no later than 2020.

     

    Source: Detroit Free Press

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