Workers at the Ford plant in Almussafes, Valencia, have secured a new labour framework following negotiations involving UGT union representatives. The agreement guarantees employment until 2030 and follows the electrification pact signed back in 2022.
The deal includes salary increases exceeding the Consumer Price Index, featuring a retroactive review clause effective each January. Staff will receive a rise of up to 1,000 euros in 2027, with increases consolidated into salary tables starting from 2029.
This stability follows Geely's 221 million euro purchase of a 34% stake. As the site nears its 50th anniversary, production will expand from one to five models, increasing the maximum annual capacity to 400,000 units to ensure the factory's long-term future.