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
07/07/201503:38:44Australia Shares Bounce Back With Biggest Gain Since February
07/06/201519:47:07Fiat Chrysler's Elkann Confident Auto Industry Will Move Toward...
07/06/201513:00:02How GM's Chevy Silverado Clobbered the 2015 Ford F-150 This Year
07/06/201511:22:16Brazil New-Vehicle Sales, Output, Exports Drop in First Half
07/06/201510:25:00Summer Driving Camp for Teens: More than 1,500 Teens to Learn...
07/06/201509:00:09Car-Repair Notices Feed Class Action Lawsuits
07/05/201511:17:02The 2015 Chevy Silverado Truck Is Hauling More Than Ever (Profit...
07/02/201516:32:30Statement of Changes in Beneficial Ownership (4)
07/02/201514:20:34Ford Recalls 432,000 Cars Over Software Problem
07/02/201513:50:51Ford Recalls 432,000 Cars Over Software Problem
07/02/201509:25:022 Big Concerns in Fiat Chrysler's Sales Numbers
07/02/201509:16:022 Key Takeaways From General Motors’ Sales Report
07/02/201506:35:50German June New Car Registrations Up 13% On Year - VDA
07/01/201518:25:02Ford's Truck Sales Fall Again, But Investors Shouldn't Worry
07/01/201513:15:21Current Report Filing (8-k)
07/01/201509:20:06Fiat Chrysler Sales Jump in June
07/01/201509:15:00Ford U.S. Sales Up on Strong Customer Demand for Newest Products...
06/30/201519:14:03Why Ford Still Has Work to Do on Quality
06/26/201510:10:40U.S. Investigating Complaints of Ford F-150 Power Brake Issues
06/25/201516:09:28Annual Report of Employee Stock Plans (11-k)

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