91
Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand
(driveteslacanada.ca)
this post was submitted on 28 Oct 2023
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Oh no! Pay your workers more maybe?
Just to put a number on it, the UAW cost increase is around $1000 per vehicle.
Ed: apologizes for the delay in the source. Here's a gift article from the nytimes Please un-downvote now, thanks
But I still can't vouch for the veracity of the claim. Mr. Lawler is Ford CFO.
"Mr. Lawler said on a conference call that the contract would raise the company’s labor costs by an average of $850 to $900 per vehicle."
Ford’s U.A.W. Deal Will Raise Costs While Easing Labor Strife https://www.nytimes.com/2023/10/26/business/ford-uaw-contract.html?unlocked_article_code=1.6Ew.VpuI.7GTqA_SNwFxD
That's the cost to Ford, or how much they'd raise the price of their vehicles to compensate?
https://www.cnn.com/2023/10/30/business/nightcap-uaw-strike-car-prices/index.html