Unifor and Ford Ratify Labor Agreement
Union members voted in favor of a new three-year contract that improves pensions, wages and healthcare benefits.

Unifor members will receive a 15% raise over three years under the new agreement.
IMAGE: Pexels
The union representing Ford Motor's Canadian auto-factory workers secured enhanced pensions and double-digit wage increases in a new labor pact.
Unifor, representing 5,600 Ford workers in Canada, told the Wall Street Journal that 54% of its Ford-worker members voted in favor of the new three-year contract, ratifying the agreement.
Unifor secured the largest negotiated wage increase in its history, workers receiving a 15% raise over three years, including a 10% bump in the first year, a 2% increase in year two and 3% increase in year three.
Unifor National President Lana Payne called the new labor deal “exceptional."
Unifor’s temporary agreement improved retirement security for workers by enhancing its pension plans, the Canadian union reported. The agreement also improved retiree healthcare benefits.
Ford has been in the process of negotiating with both Unifor and the United Auto Workers in the U.S. Unifor's strategy was to use the deal with Ford as a blueprint for negotiations with the other Big Three automakers. However, in the U.S., UAW is negotiating with all automakers simultaneously.
The UAW decided not to continue its strike against Ford on Friday but announced it would strike at General Motors and Stellantis. UAW President Shawn Fain told the Wall Street Jouirnal that union negotiators had made more progress with Ford than the other two companies.
The UAW and companies were scheduled to negotiate over the weekend. Over 18,000 workers are on strike at Detroit automakers' facilities, following an escalation on Friday that caused workers to walk off the job at dozens of parts-distribution facilities across 20 states, the WSJ reported.
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →