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Ford Finished Q3 in the Black

Ford Finished Q3 in the Black

Less than a day after reaching a deal with the UAW on a new 4.5-year contract, Ford reported a $1.2 billion net profit on revenue of $43.8 billion. The results are significantly better than the year ago period, when the automaker reported a loss. Find out more at Headlight.News.

UAW, Ford Reach Tentative Settlement – But Reopening Plants Could Take Weeks

UAW, Ford Reach Tentative Settlement – But Reopening Plants Could Take Weeks

The United Auto Workers Union reached a tentative settlement with Ford Motor Co. Wednesday evening, nudging the automaker to accept a wage hike averaging 25% over the course of 4.5 years for its UAW workers. The union also agreed to order an immediate end to the walkout though it will take weeks before all is back to normal, Headlight.News reports.

UAW Plans to Keep Using Surprise Strikes

UAW Plans to Keep Using Surprise Strikes

Union chief Shawn Fain said he’s changing things up. He noted the Detroit Three automakers were “gaming” the times he was announcing the next round of stand-up strikes, and submitting new offers just before he plan to reveal them. So, he’s going to Plan B: surprise announcements. Find out more at Headlight.News.