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3 Reasons to Pass on Ford Stock in 2024

The iconic carmaker isn't firing on all cylinders right now, and won't be doing so next year either.

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Ford says strike cut sales by 100,000 vehicles and cost $1 7 billion

Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.

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Strike slashed profit by $1 7B, Ford says | The Arkansas Democrat-Gazette

A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year, the automaker said Thursday.

United statesNew yorkShawn fainJohn lawlerMobility technology conferenceUnited auto workersChief financial officer john lawlerGeneral motorsBarclays global automotiveMobility technology conference thursdayOctober ford

Ford lost $1 7 billion in profits over UAW strike, will pay another $9B in contract raises

The costs translate into an extra $900 per vehicle, which Ford said it would offset through higher productivity and some cuts.

New yorkUnited statesJohn lawlerShawn fainMobility technology conferenceChief financial officer john lawlerGeneral motorsBarclays global automotiveMobility technology conference thursdayOctober ford

Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1 7 billion in profits

Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1 7 billion in profits
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United statesNew yorkShawn fainMobility technology conferenceGeneral motorsBarclays global automotiveMobility technology conference thursdayOctober ford

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