Ford, UAW Leaders Have Tentative Contract Deal

Ford and UAW tentative contract
Ford and UAW tentative contract

By Tom Krisher and Dee-Ann Durbin


NEW YORK (AP) -- Ford Motor Co. and the United Auto Workers have come to terms on a new four-year contract that trades annual pay raises for profit sharing and a signing bonus and promises thousands of new jobs building cars and trucks.

Details weren't released, but the deal is expected to be sweeter for workers than the contract approved by factory employees at General Motors Co. last week.