The Unite union described its talks with Ford as "lengthy but constructive".
Unite has concluded an agreement with Ford to make a settlement offer to eligible ex-Visteon employees who filed legal claims in connection with reductions in their pensions resulting from Visteon UK being put into administration in 2009.
The settlement would avoid further expense for participants in the case and will settle the legal claims that these individuals have made against Ford.
Details of the settlement are confidential and a private matter for those directly involved.
More top news
Illustrations inspired by a Cardiff artist's disabled sister have won the heart of Coronation Street actress Cherylee Houston.
Baby Arlo-Blue is whipping the internet into a frenzy with his striking resemblance to the celebrity chef.
The Newsweek Quiz - where we will be testing your knowledge from the last seven days of news here in Wales.