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

Stock News for Ford Motor (F)
10/20/201619:29:00Tesla Sets Price for Self-Driving Feature, Lays Groundwork for...
10/20/201618:36:00Tesla Sets Price for Self-Driving Feature, Lays Groundwork for...
10/20/201616:40:00Tesla Sets Price for Self-Driving Feature
10/20/201616:36:00Tesla Sets Price for Self-Driving Feature, Lays Groundwork for...
10/20/201616:27:00Tesla Sets Price for Self-Driving Feature, Lays Groundwork for...
10/19/201618:40:00China's Geely to Launch Auto Brand With Ride-Sharing Appeal
10/17/201622:10:00Ford Cuts Production at Several Assembly Plants
10/17/201620:28:00Ford Cuts Production at Several Assembly Plants
10/17/201605:59:00CEO Fields Sets Ford on a Dual Track
10/14/201608:08:00BizWireTV Video News: How are Top Brands Contributing to Hurricane...
10/14/201603:03:00Ford Stumbles With New Truck -- WSJ
10/13/201615:20:00Parts Issue' Slowed Launch of Ford's F-Series Super Duty Truck
10/13/201614:47:00Parts Issue' Slowed Launch of Ford's F-Series Super Duty Truck
10/13/201611:10:00Honda to Boost Crossover SUV Capacity
10/13/201610:30:00Details of Ford Motor Company and Ford Motor Credit Company Oct...
10/13/201608:00:00Ford Motor Company Declares Dividend for Fourth Quarter 2016
10/12/201615:28:33Amended Statement of Ownership (sc 13g/a)
10/12/201603:08:00Auto Makers Shift Output to SUVs -- WSJ
10/11/201617:35:00U.S. Auto Plants Shifting From Cars to Trucks
10/11/201616:45:16Amended Statement of Ownership (sc 13g/a)

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations