FORD AND UAW REACH TENTATIVE AGREEMENT ON LABOR CONTRACT MODIFICATIONS

Editor’s Note: The following statement is attributable to Joe Hinrichs, group vice president, Global Manufacturing and Labor Affairs, Ford Motor Company.

DEARBORN, Mich., Oct. 13 – Ford and the United Auto Workers union have reached a tentative agreement on additional modifications to the 2007 UAW-Ford national labor agreement, which would help Ford improve its current and long-term competitiveness in the United States.

The tentative agreement, which covers approximately 41,000 UAW-represented employees in the United States, is subject to ratification by the active UAW-Ford membership. We will not discuss details of the agreement until after the ratification process is complete.