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Ford's UAW deal nets $2 billion savings
Ford is arguably the domestic maker in the most trouble, and it appears the UAW has allowed more concessions for Ford than for either of the other two domestic car car makers in its contract negotiations. With combined savings from the end of health care obligations, revised rules on hiring, salaries, and classifications, Ford will be able to put $2 billion more in its coffers every year. The largest lump came from Ford -- as with GM and Chrysler -- earning a release from its health care obligations by contributing to a VEBA. Ford's ... Read more →
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Ford's UAW deal nets $2 billion savings 2 years ago on Autoblog
Ford is arguably the domestic maker in the most trouble, and it appears the UAW has allowed more concessions for Ford than for either of the other two domestic car car makers in its contract negotiations. With combined savings from the end of health care obligations, revised rules on hiring, ...
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