The United Auto Workers (UAW) union has announced a deadline of noon on September 22nd for negotiations with the "Big Three" Detroit automakers, Ford Motor, General Motors and Stellantis. If progress is not made, the union will call for additional strikes, as workers fight to restore wages and benefits to the gold-standard working-class careers they were in previous generations. This is the first time in the UAW's 88-year history that the three automakers are facing simultaneous strikes.
Posts tagged as “Ford Motor Co.”
The United Auto Workers (UAW) strike against Detroit's Big Three automakers has entered its fourth day with no signs of an early resolution. The strike is the first time the UAW has gone on strike against all three automakers simultaneously, and has been met with strong support from the American public. Talks between union negotiators and representatives of the automakers have resumed, but no agreement has been reached yet. John and Sarah, a father and daughter team on the picket line, spoke of their determination to fight for a better future, and the strike is expected to continue until a resolution is reached.
Ford Motor Co. announced a $3 billion loss for its electric vehicle business, Ford Model e, this year. Despite this, the company is still expecting to hit its profit targets of between $9 billion and $11 billion. Ford is investing in new technologies to become a leader in the electric vehicle market and is confident that its investments will pay off in the long run.