Ford Motor and Unifor, a union representing Canadian hourly employees, reach a new, three-year labor deal.
Labor deals in the car business are possible. A deal between the United Auto Workers and the Detroit-Three auto makers might be closer than investors expect. Just look north.
“Our Unifor-represented autoworkers are the heart of Ford of Canada,” Bev Goodman, Ford of Canada CEO, said in a news release. “This contract invests in our talented and dedicated employees … together, we are ensuring our Canadian operations continue to deliver with the skills, knowledge, and processes to compete and win.”
The Unifor negotiations flew under the radar for most investors. The negotiations, on the surface, appeared less contentious. The American negotiations have included UAW President Shawn Fain literally trashing proposals from auto makers while the car companies strike back at what they have characterized as union-supplied misinformation.
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