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Ford and union in Mexico agree to 8.2% salary increase

Published 04/04/2023, 04:21 PM
Updated 04/04/2023, 04:25 PM
© Reuters. FILE PHOTO: The Ford logo is seen on the front of a car in Cuautitlan Izcalli, Mexico January 4, 2017. REUTERS/Carlos Jasso
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MEXICO CITY (Reuters) - The Ford Motor Co . and its union in the northern Mexican state of Chihuahua have reached a deal for the U.S. carmaker to raise wages 8.2% this year, pending a workers' vote, Mexican labor officials said on Tuesday.

The deal announced in a statement from the Federal Center for Conciliation and Labor Registration covers Ford's plant in Chihuahua, where it employs more than 2,000 workers, most of them union members.

© Reuters. FILE PHOTO: The Ford logo is seen on the front of a car in Cuautitlan Izcalli, Mexico January 4, 2017. REUTERS/Carlos Jasso

They are represented by the National Union of Ford Motor Company (NYSE:F) Workers, which is part of the Confederation of Mexican Workers (CTM), one of the country's biggest labor organizations.

A CTM spokesman said the group had been seeking wage increases above inflation for its members. Ford did not immediately reply to a request for comment.

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