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Ford Motor Co (F) Financial News - Auto Union Says Contract Talks With Ford Motor Are ’Ahead of Schedule’

Ford Motor Co (F)

Auto Union Says Contract Talks With Ford Motor Are ’Ahead of Schedule’

Quote: United Auto Workers’ contract negotiations with Ford Motor Co. are “ahead of schedule” and the union will proceed with “routine” strike-authorization votes through Sept. 2, Vice President Jimmy Settles said in an e-mailed statement. The votes are “a normal part of negotiations,” Settles said in the statement. Such votes enable union leaders to call a strike. Settles heads the UAW’s negotiations with Ford. General Motors Co. (GM) and Chrysler Group LLC expire Sept. 14. Ford is the only automaker the UAW can strike. No strike may occur during this year’s contract negotiations at GM or Chrysler as part of U.S. bailouts of those automakers in 2009. Detroit Free Press yesterday. knaughton3@bloomberg.net wkoenig@bloomberg.net ...
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