Balanced News: Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers

The United Auto Workers (UAW) and Detroit automakers have concluded their contract negotiations, with Ford workers being the last to ratify their tentative agreement. Preliminary results show that 68.2% of Ford autoworkers voted in favor of the deal. The agreements include wage increases of at least 25% and the return of cost-of-living adjustments, valued at four times the gains from the 2019 contract. The UAW hopes to grow its ranks through inclusion of future jobs and organizing at nonunion automakers. The contracts will add $850 to $900 in costs per vehicle assembled for the automakers.