Ford has made a new offer to the UAW in its latest effort to reach a tentative agreement on a new master labour agreement good until 30 April, 2028.
It has received two counter offers from the UAW.
Ford claimed its latest offer would provide its 57,000 UAW represented employees with a “record contract”.
The offer includes improvements in wages and benefits, product commitments for UAW factories and job security.
Jim Farley, Ford president and CEO, said in a statement: “We’ve put an offer on the table that will be costly for the company, especially given our large American footprint and UAW workforce, but one that we believe still allows [us] to invest in the future.”
The automaker said the union had taken a hard line on battery plants but it remained open to the possibility of working with the UAW on such plants but these were multi-billion-dollar investments and must "operate at competitive and sustainable levels".
