Ford-UAW Deal Close

By Michelle Krebs November 2, 2007

Detroit media reporting Ford and the United Auto Workers union could announce a contract settlement as early as Friday.

Negotiators from the two sides remained at the bargaining table Friday morning after an all-night session, suggesting they are in the final phases of the talks.

The critical issues is job security: the union appears ready to give Ford more cost cuts in exchange for fewer plant closings and specific future product programs for plants.

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