Live Breaking News & Updates on Mobility Technology Conference
Stay updated with breaking news from Mobility technology conference. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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. ....
DETROIT (AP) — 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 ....
Additional labor costs from the four-year and eight-month agreement will total USD 8.8 billion by the end of the contract, translating to about USD 900 per vehicle by 2028, Chief Financial Officer John Lawler said in a company release. Ford will work to offset that cost through higher productivity and reducing expenses, Lawler said. ....
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. ....