Tagged: Ford Motor Company

Ford's union workers in Canada have approved a four-year contract with the company.

And the Canadian Auto Workers union have a tentative agreement with GM.

Now, talks with Chrysler continue this week.

CBC Windsor has the latest on the talks:

The CAW's president, Ken Lewenza, knows it's not going to be easy with Chrysler. Company executives have made it clear they want an agreement that lowers labour costs to match those in the United States.

Lewenza said it could be days before there is a tentative agreement between the two sides.

"We can get a deal. I've a great deal of respect for [Chrysler CEO Sergio] Marchionne and his management team," Lewenza said. "I don't hide that and I think he's got respect for our union. But at the end of the day, you can only respect each other when you dot the I's and cross the T's."

If talks stall, the CAW can strike.

But with a deal signed with Ford, and a final deal with GM expected to be approved by GM union workers in Canada  this week, a strike at Chrysler plants in Canada doesn't seem likely.

We’ve got a lot going on in Michigan, to put it mildly, and I would guess that you haven’t been paying much attention to the union negotiations that have been going on in Canada.

That’s understandable -- but they could have a significant impact on the economy in this part of the world. The Canadian Auto Workers union used to be part of the UAW, before breaking off and becoming independent in the 1980s.

The head of the Canadian Auto Workers union says General Motors is waiting for a counter proposal from the union, and he says there has been significant progress toward a new labor deal.

CAW President Ken Lewenza says the union will make the offer today. He also says progress has been made with Chrysler.

The union reached a tentative deal with Ford earlier this week.

From CBC News Windsor:

Ford Motor Company launched the new Fusion today - in five different cities.

The big splash highlights the importance of the car to Ford.

More people buy midsize cars in the U.S. than any other size-- and midsize cars are becoming more popular in other regions of the world, too.

Ford wants to topple the dominant player, the Toyota Camry --and says the new Fusion will make even further inroads.

Ford Motor Company CEO Alan Mulally says he has NOT told his company's board when he will retire-- contrary to recent media speculation.

Mulally's retirement date is an obsessively pursued story in the auto press.

Bloomberg, Reuters and the Wall Street Journal especially are all vying to be the first to get it right.

Bloomberg said last week that the Board of Ford Motor Company was poised to promote Mark Fields, Ford's President of the Americas.

Three days after Bloomberg was the first to break the news that  Ford's Board may promote Mark Fields to Chief Operating Officer, and that CEO Alan Mulally is to retire at the end of 2013, Reuters' Bernie Woodall and Deepa Seetharaman report this:

DETROIT (Reuters) - Ford Motor Co's (F.N) board of directors is considering keeping Chief Executive Alan Mulally involved with the No. 2 U.S. automaker after his retirement as nonexecutive chairman, a person familiar with the matter said on Thursday.