The United Automobile Workers and Ford Motor Company reached a tentative agreement on a new four-year labor contract on Wednesday night. This comes six weeks after UAW initiated strikes targeting Detroit's Big Three automakers. UAW provided details about the "record contract" with Ford: The agreement grants 25% in base wage increases through April 2028, and will cumulatively raise the top wage by over 30% to more than $40 an hour, and raise the starting wage by 68%, to over $28 an hour.
The lowest-paid workers at Ford will see a raise of more than…Ford And UAW Near Historic Deal After Six-Week Strike
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