Daily Business News
Thursday, September 14, 2006
  Ford to offer buyouts (Reuters)

A Ford employee works on a vehicle at the company's Kansas City Assembly Plant in thie November 16 2005 file photo. The United Auto Workers union said on Thursday Ford Motor Co. is offering 8 buyout packages to its U.S. union-represented factory workers including up to $140000 one-time payment. (Handout/Reuters)Reuters - Ford Motor Co. will offer buyout packages of up to $140000 to all of the more than 75000 workers at its U.S. plants the United Auto Workers union said on Thursday a day before the automaker details a revised turnaround plan in response to slumping sales.


 
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