Ford Motor Co. Executive Chairman Bill Ford is scheduled to make a rare speech about the future of American manufacturing with the company near an impasse with striking autoworkers.
File - Ford Motor Co., executive chairman Bill Ford, announces the automaker’s new BlueOval Battery Park, Monday, Feb. 13, 2023, in Romulus, Mich. Electric vehicles and their potential impact on job security have become central to negotiations in the U.S. autoworkers strike. DETROIT — Ford Motor Co. Executive Chairman Bill Ford is scheduled to make a rare speech Monday about the future of American manufacturing with the company near an impasse with striking autoworkers.
Last week 8,700 union members walked out at the largest and most profitable Ford plant in the world, the Kentucky Truck Plant in Louisville. Bill Ford is likely to appeal to workers about how the company can’t afford to saddle itself with high labor costs and still be competitive with Tesla and other nonunion automakers with U.S. factories.
UAW President Shawn Fain has said Ford and crosstown rivals General Motors and Jeep maker Stellantis are making billions and 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.
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