Ford Softens Labor Impact Under New Agreement

Ford will pay only 1.5-percent more in labor costs each year under a new contract with the United Auto Workers, the automaker reported Monday. Ford announced it would take a $600 million charge this year to pay out the $10,000 ratification bonuses to their workers as part of the new deal. The new deal allows […]
The post Ford Softens Labor Impact Under New Agreement appeared first on The Truth About Cars.

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Ford Softens Labor Impact Under New Agreement

Ford will pay only 1.5-percent more in labor costs each year under a new contract with the United Auto Workers, the automaker reported Monday. Ford announced it would take a $600 million charge this year to pay out the $10,000 ratification bonuses to their workers as part of the new deal. The new deal allows […]
The post Ford Softens Labor Impact Under New Agreement appeared first on The Truth About Cars.

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