Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company's future is at stake
https://apnews.com/article/bill-ford-executive-chairman-uaw-contract-talks-27b702b36599bf1706e1c692ccfda1c6
By TOM KRISHER
Updated 3:37 PM CDT, October 16, 2023
DETROIT (AP) Ford Motor Co. Executive Chairman Bill Ford on Monday called on autoworkers to come together to end a monthlong strike that he says could cost the company the ability to invest in the future.
In a rare speech coming during contract talks in the companys hometown of Dearborn, Michigan, Ford said high labor costs could limit spending on developing new vehicles and investing in factories.
Its the absolute lifeblood of our company. And if we lose it, we will lose to the competition. America loses. Many jobs will be lost, said the great-grandson of company founder Henry Ford.
The company, he said, builds more vehicles in America and has more United Auto Workers employees than any company, which has increased its costs in a highly competitive industry.
FULL story at link above.
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company's future is at stake (Original Post)
Omaha Steve
Oct 2023
OP
Joinfortmill
(16,673 posts)1. Sure, guy.
Bluethroughu
(6,051 posts)2. Oh well, there is a Labor Shortage dude...
Pay the workers!
mitch96
(14,789 posts)3. Yea,right. How much of his $1,700,000 salary and benies did he cut out of his life for Ford?
How about all the other high paying exec's too a pay cut for the home team...
Not many I bet. Good for thee, not for me
The workers took it in the shorts for ford and now it's pay back time...
PAY'EM!!
m