DETROIT ( TheStreet) -- Ford ( F) and the United Auto Workers said they have reached a tentative contract agreement. Both the automaker and the union said early Tuesday that they have scheduled morning news conferences to discuss details of the deal. Negotiators had worked late Monday night.
Ford employs about 41,000 hourly workers. Last month, GM ( GM) workers
signed a deal that included a bonus of $5,000. Ford workers are expected to receive a bigger bonus. -- Written by Ted Reed in Charlotte, N.C. >To contact the writer of this article, click here: Ted Reed >To follow the writer on Twitter, go to http://twitter.com/tedreednc. >To submit a news tip, send an email to: firstname.lastname@example.org.