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UAW leaders approve Ford labor deal, send to union members for final vote

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Bill Pugliano | Getty Images News | Getty Images

DETROIT — Local United Auto Workers leaders from across the country approved a new four-year labor contract with Ford Motor, sending it to their rank-and-file members for final approval.

The deal includes Ford investing more than $6 billion in its U.S. manufacturing operations and the creation or retention of 8,500 U.S. jobs. The largest investment would be $1.1 billion in Ford’s Michigan Assembly plant for the all-new Ford Bronco SUV and Ford Ranger midsize pickup, according to a summary of the deal released by the union Friday.

Ford declined to comment on any details of the proposal.

The automaker, as first reported by CNBC, also agreed to…



Source cnbc.com

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