Ford Motor Co. of Canada will seek labour cost concessions from its main union that would put the automaker on the same competitive level as rival General Motors of Canada and Chrysler Canada, where workers recently accepted significant cuts in compensation.
Senior officials for Ford and the Canadian Auto Workers plan to meet at an airport hotel today for a regular quarterly business update where the company will press for new savings immediately so it can remain competitive.
“We have to take action to be more competitive and maintain our manufacturing presence in Canada,” Ford spokeswoman Lauren More said.
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