ADVFN - Advanced Financial Network.
HOME» NYSE » F » F Stock Price » F Stock News

Ford Motor Share News

 Ford Motor Company Stock Price
F Stock Price
 Ford Motor Company Stock Chart
F Stock Chart
 Ford Motor Company Stock News
F Stock News
 Ford Motor Company Company Information
F Company Information
 Ford Motor Company Stock Trades
F Stock Trades

Ford UK Faces Strike over Pension Scheme

--Strike at seven plants for 24 hours from Monday June 18 --Action over closure of pension scheme to new entrants, lower pay for new recruits --Meetings with Ford have failed to resolve the dispute LONDON -- Motor giant Ford Motor Co. (F) faces the threat of strike action next week as its British staff resist efforts by the auto-manufacturer to close its pension scheme to new entrants and lower their rates of pay. The U.K.'s largest union, Unite--which represents 2,500 Ford staff or white-collar workers--said staff will strike for 24 hours Monday June 18 from 0500 GMT at seven sites across the U.K. The action comes after meetings with the company following a 67% vote for action in May failed to resolve the dispute. Unite said that it has been trying to reach a deal with Ford for months but the car company won't budge on closing the final salary scheme to new entrants. The labor union is also concerned that Ford will eventually close the scheme to all its U.K. staff. "Our staff members will not stand by and allow Ford to create a two-tier workforce on pay and pensions. To date Ford has failed to make any genuine attempts to resolve this dispute," said Unite national officer Roger Maddison. "Unless there is a last minute change of heart from the company, Ford faces a national strike this Monday," said Mr. Maddison. Unite is also resisting Ford UK's plans to pay new recruits less than existing staff. "Ford remains willing and available to continue discussions with the union representing the workers involved," a Ford spokesman said in an emailed statement. "The vast majority of the company's employees are not involved in this disagreement, or the decision to take industrial action," he added. Write to Marietta Cauchi at marietta.cauchi@dowjones.com

Stock News for Ford Motor (F)
DateTimeHeadline
03/28/201513:24:02The New Ford Ranger That You Still Can't Buy
03/28/201511:07:02Ford's Aluminum F-150 Gets a $259 Million Boost From Uncle Sam
03/28/201509:02:02Ford Motor Company's Forgotten SUV Is Surging, and It's a Big...
03/27/201511:02:09Ford Reveals 2014 Executive-Compensation Packages
03/27/201509:34:23Ford Reveals 2014 Executive-Compensation Packages
03/27/201509:00:20Proxy Statement (definitive) (def 14a)
03/27/201509:00:00Ford Publishes 2014 Annual Report and 2015 Proxy Statement; Announces...
03/26/201516:09:59Statement of Changes in Beneficial Ownership (4)
03/26/201506:31:02Wall Street Breakfast: Crude Surges On Yemen Tensions
03/26/201503:50:09Ford looks to triple exports from India
03/26/201503:40:45Ford Chief Executive Officer: Expect to Triple Exports from India
03/26/201503:20:53Top Large Cap Stocks That Investors Can Buy Now
03/25/201509:47:01Ford March U.S. sales growth forecast: -5.5%
03/25/201509:19:13New Ford recalls tally over 220K vehicles
03/24/201513:00:02Will the EPA's New Fuel Economy Guidelines Crush Automakers in...
03/24/201500:06:53Ford Should Provide Some Power In The Growth Portfolio
03/23/201516:08:53Statement of Changes in Beneficial Ownership (4)
03/23/201516:08:02Statement of Changes in Beneficial Ownership (4)
03/23/201516:07:07Statement of Changes in Beneficial Ownership (4)
03/22/201522:06:05UAW's Ranks Press to Close Pay Gap

Ford Motor and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad