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November 14, 2007
DETROIT -- United Auto Workers members have ratified a historic four-year contract with Ford Motor Co. that sets lower pay for some newly hired workers and puts the company's huge retiree health care debt into a UAW-run trust, according to the Detroit Free Press.
The UAW, which represents about 54,000 workers at Ford, said Wednesday that 79 percent of those voting favored the pact.
Workers at General Motors Corp. and Chrysler LLC already have ratified similar deals, with the contract winning at Chrysler by only a small margin. Unlike the other two automakers, there was no strike at Ford.
Posted by Peter C. T. Elsworth
at 11:26 AM to Ford
, Unions
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