Steel Markets
November 21, 2015
Ford and GM Contracts Ratified
Written by Sandy Williams
The UAW announced on Friday the ratification of new four-year agreements with both GM and Ford.
The GM contract ratification was on hold after the skilled trade membership voted against the tentative agreement despite an overall majority vote for the agreement. Discussions with GM regarding concerns of the skilled trades membership resulted in changes that protect core trades classifications and seniority rights. The UAW’s International Executive Board concluded that the skilled trade concerns were satisfactorily met and notified General Motors of the formal ratification of the agreement.
