Ford Motor Company won $500 million in savings under a March 9 accord with the UAW. It is now looking to match labor-cost cuts of up to twice that amount at GM and Chrysler. Ford CEO Alan Mulally said that Ford will also ask the UAW to match a no-strike pledge similar to the one given to GM and Chrysler.
A no-strike clause in Ford’s UAW contract is “one piece of the conversation we’re having with them,” Mulally said. “We continue to talk with them on improving our competitiveness.”
The UAW has agreed not to walk out on GM and Chrysler before 2015.
– By: Omar Rana
Source: Free Press