Ford avoids Canadian auto strike with union deal By Reuters

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<span>© Reuters. FILE PHOTO: A Ford logo is seen on a wall of the Oakville Assembly Plant as workers with UNIFOR attended a ratification vote nearby, in Oakville, Ontario, Canada November 6, 2016. REUTERS/Chris Helgren</span><br />
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<p>(Reuters) -The U.S. auto sector avoided more pain as Ford (NYSE:) late on Tuesday reached a tentative deal with a Canadian union even as the Detroit Three automakers face the possible escalation of separate coordinated U.S. strikes by the United Auto Workers union. </p>
<p>Unifor, which represents about 5,600 Canadian auto workers, were threatening to go on strike at all three of Ford&#8217;s plants in the country if a deal was not reached by 11:59 p.m. on Tuesday (0359 GMT on Wednesday).</p>
<p>&#8220;We leveraged our union’s most powerful weapon: the right to strike,&#8221; Unifor said of the tentative deal in a statement. &#8220;The gains achieved were hard fought for over weeks of negotiation.&#8221;</p>
<p>The agreement remains subject to ratification by Unifor members, Ford&#8217;s Canada unit said in a statement, adding it would not disclose details of the tentative deal.</p>
<p>Unifor had sought improved wages and pensions, as well as support in the transition to electric vehicles and additional investment commitments by Ford.</p>
<p>Unifor will now turn to getting deals with General Motors (NYSE:) and Chrysler parent Stellantis (NYSE:), whose deadlines had been extended while the Ford talks proceeded. </p>
<p>Unifor&#8217;s talks with the Detroit Three automakers in Canada are separate from the UAW&#8217;s coordinated U.S. action that led to about 12,700 workers going on strike last week against one assembly plant at each of the Detroit Three automakers. </p>
<p>The U.S. strikes have halted production at plants in Michigan, Ohio and Missouri that produce the Ford Bronco, Jeep Wrangler and Chevrolet Colorado, alongside other popular models. </p>
<p>The UAW has said it will announce strikes against more U.S. plants on Friday if no serious progress is made in talks with automakers.</p>
<p>Analysts expect plants that build more profitable pickup trucks like Ford&#8217;s F-150, GM&#8217;s Chevy Silverado and Stellantis&#8217;s Ram to be the next strike targets if the walkout continues. </p>
<p>The UAW and companies disagree over pay and benefits for workers. The three automakers have proposed 20% raises over the 4-1/2 year term of their proposed deals, though that is only half of what the UAW is demanding through 2027. </p>
<p>Besides higher wages, the UAW is also demanding shorter work weeks, restoration of defined benefit pensions and stronger job security as automakers make the shift to EVs. </p>
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