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3 clusters · 15 sources · 8 days · First seen · Last updated

Ford and UGT reach 2030 labor agreement for Almussafes

Overview

Negotiations regarding the ‘Acuerdo 2030’ (2030 Agreement) at the Ford Almussafes plant in Valencia have concluded with a formal labor pact between Ford management and the UGT union. The agreement, which remains in effect through December 31, 2030, focuses on wage increases and job stability as the company transitions toward electrification and integrates a new partnership with Geely.

Prior to the finalization, Ford España warned workers that negotiations had reached a limit, stating that further concessions could jeopardize the industrial viability of its operations in Valencia and Madrid. Management indicated they would make ‘a last exercise of approximation’ to address works council concerns before presenting the definitive terms.

The finalized deal includes salary increases above the Consumer Price Index (IPC). For 2027, wages will rise by the IPC plus 1.5%, with a floor of 3% and a ceiling of 5%. From 2028 to 2030, increases will be the real IPC plus 1%, with a minimum of 2.5% and a maximum of 5%. A special gratification will also increase from 690 euros to 1,000 euros starting in 2027, with plans to incorporate these amounts into salary scales by 2029. The agreement also includes a retroactive review clause effective January 1 of each year.

This stability comes as Ford reorganizes production to include the manufacturing of a Bronco hybrid and prepares for a 2027 partnership with Geely, which will hold a minority stake and contribute 221 million euros to Spanish manufacturing operations.

Entities

Almussafes · Ford · UGT · STM Intersindical Valenciana · Valencia

Timeline

  1. [BUSINESS] 7 sources
    Ford and UGT reach labor agreement for Almussafes plant through 2030

    Ford and the UGT union have agreed on a labor framework for the Almussafes plant in Spain through 2030, featuring wage increases above inflation and stability during the company's transition with Geely.

  2. [BUSINESS] 3 sources
    Ford warns Almussafes workers of limit on labor concessions until 2030

    Ford España has warned Almussafes plant workers that negotiations for wages and conditions through 2030 have reached their limit, citing risks to the industrial viability of its Spanish operations.

  3. [BUSINESS] 8 sources
    Ford Almussafes workers signal majority support for new labor agreement

    A majority of Ford Almussafes workers support a new labor agreement, though the UGT union is demanding specific wage guarantees and retroactive adjustments to finalize the deal.

Sources

actualitatvalenciana.com · am.com.mx · apuntmedia.es · autobild.es · confirmado.net · diariodecastillayleon.es · expansion.com · larazon.es · lavanguardia.com · moncloa.com · newmobility.news · que.es · rss.elconfidencial.com · santotomealdia.com.ar · valenciaplaza.com

This summary has been updated 1 time: see revision history