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Ford (NYSE:F) and Canadian labor union Unifor said late Tuesday they reached a tentative agreement, avoiding what could have been the automaker’s second strike at its operations in a week.
The two sides did not disclose details of the tentative deal, which covers ~5,600 members at Ford’s (F) Canadian plants, but the union had sought higher wages, improved pension benefits and support for workers during the transition to electric vehicles.
Ford (F), General Motors (GM) and Stellantis (STLA) still face the threat of larger strikes by the United Auto Workers in the U.S., where nearly 13K workers have walked off their jobs at factories in Michigan, Missouri and Ohio.
In Canada, Unifor selected Ford (F) as the “target” company for bargaining, rather than negotiating with all three major automakers at once.
