AUTOS
Ford Strike in Mexico Ends: The auto maker’s Mexico unit signed a new contract with workers, ending a two-week strike at Ford’s Chihuahua plant. Ford Motor Co. workers walked off their jobs at the plant in northern Mexico on Feb. 9 after union leaders and company representatives failed to reach agreement. They returned to work after accepting the company’s latest wage increase proposal. Under the new contract, the workers will receive a 5% wage increase and a 3% increase in productivity bonuses. Ford also agreed to raise their compensation 2% through indirect benefits, such as food coupons and bonuses. The Chihuahua plant, which employs 618 people, is designed to produce Ford’s new, four-cylinder “Z” engine.
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