Ford barrels toward new Canadian strike that could affect F-Series pickup production
CNBC 2023-09-19 19:05:44 • 5 mins
Key Points
- Canadian union Unifor and Ford are approaching an 11:59 p.m. ET Tuesday deadline to reach an agreement for roughly 5,600 autoworkers before a strike could occur.
- The initial deadline for the talks was Monday night, but the sides announced a 24-hour extension after the union received a "substantive offer" from Ford "minutes before the deadline."
- A Unifor strike would affect Ford's Oakville Assembly Plant that produces the Ford Edge and Lincoln Nautilus crossovers and engine plants that produce V8s for Ford's F-Series pickups and Mustangs.
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DETROIT Ford Motor's labor troubles could become an international issue that affects U.S. production of some pickup trucks, as Canadian union Unifor and the companyhave only hours to reach anagreement for roughly 5,600 autoworkers.
The sides have to reach a deal before an extended 11:59 p.m. ET Tuesday deadline to avoid a potential strike. The initial deadline for the talks was Monday night, but the sides announced a 24-hour extension after the union received a "substantive offer" from Ford "minutes before the deadline."
