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You know what they say: third time's a charm. After the United Auto Workers union was forced to strike against both General Motors and Chrysler LLC., it somehow found a way to come to terms with Ford Motor Co. after two marathon days of negotiations this past week. Ford's press release contains no details about the tentative four-year contract itself, except to say that it applies to all 54,000 UAW workers who have their checks signed by Ford.

The contract will remain tentative until those 54,000 rank and file workers vote on it. All it needs is a majority vote from Ford's hourly workforce, but as we learned with the UAW-Chrysler contract that was almost defeated in a popular vote, that's easier said than done. When the details of this contract emerge, it will become more apparent whether it favors the union or the automaker, and thus whether or not the average worker will be likely vote for it.

Check out the official statement from Ford after the jump.

[Source: Ford]

Continue reading BREAKING: UAW and Ford reach tentative agreement

BREAKING: UAW and Ford reach tentative agreement originally appeared on Autoblog on Sat, 03 Nov 2007 11:21:00 EST. Please see our terms for use of feeds.

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