Ford Motor Co (NYSE:F), the Detroit-based automaker, is dealing with a strike by the United Auto Workers (UAW) union in the US, and now it may also face a strike by Canada’s Unifor union.
Unifor announced on Sunday that it has not reached a tentative agreement with Ford after negotiations. If an agreement is not reached by September 18 at 11:59 p.m., a strike will begin.
Unifor had opened negotiations with Ford, General Motors Co (NYSE:GM), and Stellantis NV (NYSE:STLA) in early August for better pay and pensions. However, it decided to focus on Ford as the contract expiration neared. Once an agreement is reached with Ford, it can pave the way for contracts with GM and Stellantis.
In this bargaining round, Unifor is representing 18,000 autoworkers, including 5,680 Ford members at various plants and distribution centers.
The union stated that Ford and it remain far apart and advised Unifor members to prepare for all scenarios, including a strike.
Meanwhile, the UAW union’s strike against the Detroit automakers in the US has been ongoing for three days with no resolution in sight.
Unifor expressed solidarity with UAW autoworkers and acknowledged that strike action is a difficult decision but an essential part of collective bargaining.
Photo Courtesy: Shutterstock.com
Check out more of Benzinga’s Future Of Mobility coverage by following this link.