The U.A.W. and Ford appear to have agreed to a new four-year contract. Ford said it plans to add 12,000 jobs and invest $6.2 billion in its United States plants. See: New York Times "Ford Reaches Contract Deal with the U.A.W."
Couple this with the recent GM deal, which calls for creating or retaining 6,400 jobs in the United States,and raising pay for entry-level workers, we have some really good news today!