New Ford deal with UAW includes $6 billion in investments, thousands of jobs

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New Ford deal with UAW includes $6 billion in investments, thousands of jobs
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Ford Motor United Auto Workers reached a tentative deal on a new labor contract last night without a strike. The deal includes $6 billion in new investments from Ford and the creation or retention of 8,500 U.S. jobs, according to the UAW.

Key Points

Gary Jones, president UAW International, and Bill Ford, executive chairman, Ford Motor, shake hands on July 15, 2019 at Ford World Headquarters to begin negotiations for a new contract.and the United Auto Workers reached a tentative deal on a new labor contract Wednesday night without a strike.

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