DETROIT (Reuters) - The United Auto Workers union and Ford Motor Co will begin "high-level financial discussions" on Monday in an effort to reach a new labor deal that workers expect to be richer than one with General Motors Co .
On Saturday, UAW Vice President Jimmy Settles, the lead negotiator with Ford, met with his administrative assistants to prioritize his agenda in preparation for this week's meetings with Ford executives, the UAW said in a memo.
Settles and Ford have agreed to hold "very long" negotiating sessions this week, and once a deal is close those meetings should "last around the clock," the union said.
Although the UAW said there is no indication a strike against Ford will be necessary, Settles said all local union presidents should begin preparing for one in case a deal cannot be reached.
via news.yahoo.com
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