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
04/16/201415:27:21GM to Offer Diesel Engine for Mid-Size Pickup Trucks -- Update
04/15/201415:12:18GM's Focus on Brands Pays Off Amid Recall Controversy
04/10/201409:23:57Correction to Czech Feb Industrial Output Rises Story
04/07/201404:00:09Czech Feb Industrial Output Rises; Trade Surplus Narrowsâ
04/03/201409:30:06MARKET SNAPSHOT: U.S. Stocks Up; S&P 500 Hits Record
04/02/201412:16:22MARKET SNAPSHOT: U.S. Stocks Edge Higher; S&P 500 Hits Record
04/01/201422:19:21Philip Morris to End Australian Cigarette Production
04/01/201417:08:08MARKET SNAPSHOT: U.S. Stocks Rally; S&P 500 Closes At Record
04/01/201415:28:36BOND REPORT: Treasurys Fall As Market Anticipates Better Data
04/01/201413:04:09MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Tops Record Close
04/01/201411:09:16BOND REPORT: Treasurys Fall Ahead Of Manufacturing Numbers
03/30/201408:46:34MARKET SNAPSHOT: Play-it-safe Stock Investors May Take Some Risk...
03/28/201412:26:18U.S. Hot Stocks: Hot Stocks to Watch
03/19/201413:06:19Shell Pulls Out of Ukraine Deal Near Crimea
03/18/201415:47:14Metro Postpones IPO Plans for Cash & Carry Russia as Politics...
03/17/201410:50:10Ford Reviews Russian Operations Amid Weakening Ruble
03/14/201414:40:20Ford Says Sales in 20 European Markets Jumps 11.6%
03/14/201414:25:45Ford Says Sales in 20 European Markets Jumps 11.6% in February
03/07/201414:48:43Ford Retools Ohio Plant for Large Pickups -- Update
03/06/201418:10:13Ford Awards CEO Restricted Stock Worth $13.8 Million

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