Ford Motor Company has made a generous offer to the United Auto Workers (UAW), proposing guaranteed wage increases, lump sums, and improved benefits for hourly workers. The offer includes a 15% raise in wages, with the average worker earning $92,000 in the first year of the contract. Workers would also receive health care coverage worth $17,500 and additional benefits worth $20,500 in the first year.

Despite Ford's efforts, the UAW has rejected the revised offer, calling it inadequate. UAW President Shawn Fain expressed dissatisfaction with the proposals regarding job security, quality of life, and retiree payouts. If the issue remains unresolved, a strike is scheduled to begin on September 15.

Ford CEO Jim Farley defended the company's offer, emphasizing its generous terms and the opportunity for collaboration in transforming the American auto industry. However, negotiations between Ford and the UAW are still ongoing, and it is uncertain how the parties will proceed.

The stakes are high as the UAW fights for its demands from not only Ford but also General Motors and Stellantis. Fain has accused the latter two automakers of refusing to bargain in good faith and has filed unfair labor practices charges against them. The UAW's contracts with the Detroit 3 automakers expire on September 14.