Ford-UAW Deal Close

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.

Posted by Michelle Krebs at 6:12 AM under Ford , Rumors | Comments (0) | digg this | Seed Newsvine

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Michelle Krebs Michelle Krebs, veteran automotive-industry authority, joins Edmunds editors, analysts and data experts to provide news and commentary.
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