Ford Motor Co. Executive Chairman Bill Ford called on autoworkers to come together and end a monthlong strike that he says could cost the company the ability to invest in the future
FILE - Ford Motor Co., executive chairman Bill Ford is seen during an announcement, Feb. 13, 2023, in Romulus, Mich. Ford is scheduled to make a rare speech Monday morning, Oct. 16, 2023 about the future of American manufacturing with the company near an impasse with striking autoworkers. The speech near the company's huge pickup truck plant in the company's hometown of Dearborn, Michigan, is expected to address the monthlong strike by members of the United Auto Workers union.
The company is near an impasse with the United Auto Workers union, which walked out in targeted strikes at all three Detroit automakers on Sept. 15, The speech from Ford arrives with the entire auto industry making a historic and expensive shift from internal combustion engines to electric vehicles.and Jeep maker Stellantis are making billions in profits, and that workers should get a share. He says the workers should be repaid for sacrificing general pay raises, cost of living adjustments and agreeing to lower wage tiers to keep the companies afloat during the Great Recession.
The apparently widening labor rift suggests Ford and the union may be in for a lengthy strike that could cost the company and workers billions of dollars. Galhotra called Ford’s offer “incredibly positive” and said Ford never indicated to the union that it would be increased.
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