• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Wayfair to Open Its First Physical Store in Florida

April 11, 2026

Want to Rent Your Home for World Cup? Airbnb Tracker Estimates Profit

April 11, 2026

Is USPS Raising Prices for First-Class Stamps? Here’s What to Know

April 10, 2026
Facebook Twitter Instagram
Trending
  • Wayfair to Open Its First Physical Store in Florida
  • Want to Rent Your Home for World Cup? Airbnb Tracker Estimates Profit
  • Is USPS Raising Prices for First-Class Stamps? Here’s What to Know
  • More than 100 Southwest Employees to Be Impacted as O’Hare Service Ends
  • Here’s How to Qualify for a Payment From a Google Data Settlement
  • 20 High-Paying Remote Jobs You Can Get Without a Bachelor’s Degree
  • Ceasefire With Iran Rides on Access to Strait of Hormuz. Why Is the Waterway So Important?
  • Burger King Wants to Hire 60,000 New Employees. Here’s Why.
Saturday, April 11
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » In rare move, Ford chairman calls on UAW to make a deal and end ‘acrimonious’ talks
News

In rare move, Ford chairman calls on UAW to make a deal and end ‘acrimonious’ talks

News RoomBy News RoomOctober 16, 20235 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

DEARBORN, Mich. – Ford Motor Executive Chairman Bill Ford on Monday warned that an ongoing strike by the United Auto Workers threatens the future livelihood of the company as well as the American automotive industry.

Ford, who has been a part of UAW negotiations since 1982, pleaded with union members and leaders to work with the company, instead of against it, to reach a tentative deal to “end to this acrimonious round of talks.”

Such comments by the great-grandson of company founder Henry Ford are uncharacteristic during contract talks with UAW.

“We are at a crossroads,” Ford said during a press conference at the company’s massive Rouge Complex in metro Detroit. “Choosing the right path is not just about Ford’s future and our ability to compete. This is about the future of the American automobile industry.”

Ford, ahead of speaking on stage, told reporters he wanted to “elevate” the conversation about the contract negotiations. Ford said he didn’t want to get personal in his remarks because “it doesn’t matter” at this point.

“The UAW’s leaders have called us the enemy in these negotiations. But I will never consider our employees as enemies. This should not be Ford versus the UAW,” Ford said. “It should be Ford and the UAW vs. Toyota and Honda, Tesla, and all the Chinese companies that want to enter our home.”

UAW did not immediately respond for a request for comment after Ford’s comments.

Ford’s comments come after a week of contentious talks between the company and UAW, including the union unexpectedly announcing a strike Wednesday night at the company’s highly profitable Kentucky Truck plant.

More than 19,000 of Ford’s 57,000 UAW members are currently impacted by the strike, including more than 16,600 striking workers. Another roughly 2,480 employees have been laid off as a result of the work stoppage.

Ford last week said it was “at the limit” of what it can offer UAW in terms of economic concessions.

Ford’s most recent proposal included 23% to 26% wage increases depending on classification; retention of platinum health care benefits; ratification bonuses; reinstatement of cost-of-living; and other benefits.

Overall, only about 34,000 U.S. automakers with the companies – or roughly 23% of UAW members covered by the expired contracts with the Detroit automakers – are currently on strike.

The UAW has been gradually increasing the strikes since the work stoppages began after the sides failed to reach tentative agreements by Sept 14.

UAW President Shawn Fain last week said the union has entered a “new phase” of the targeted strikes in which it would no longer pre-announce the work stoppages, as it had been.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

RSS Feed Generator, Create RSS feeds from URL

News November 22, 2024

X CEO Linda Yaccarino addresses Musk’s ‘go f—- yourself’ comment to advertisers

News November 30, 2023

67-year-old who left the U.S. for Mexico: I’m happily retired—but I ‘really regret’ doing these 3 things in my 20s

News November 30, 2023

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

News November 29, 2023

Americans are ‘doom spending’ — here’s why that’s a problem

News November 29, 2023

Jim Cramer’s top 10 things to watch in the stock market Tuesday

News November 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Want to Rent Your Home for World Cup? Airbnb Tracker Estimates Profit

April 11, 20262 Views

Is USPS Raising Prices for First-Class Stamps? Here’s What to Know

April 10, 20262 Views

More than 100 Southwest Employees to Be Impacted as O’Hare Service Ends

April 10, 20261 Views

Here’s How to Qualify for a Payment From a Google Data Settlement

April 9, 20262 Views
Don't Miss

20 High-Paying Remote Jobs You Can Get Without a Bachelor’s Degree

By News RoomApril 9, 2026

Johnson / Money Talks NewsFor decades, the four-year degree was sold as the only ticket…

Ceasefire With Iran Rides on Access to Strait of Hormuz. Why Is the Waterway So Important?

April 8, 2026

Burger King Wants to Hire 60,000 New Employees. Here’s Why.

April 8, 2026

Home Insurance Rates Jump 46%, Outpacing Inflation Nationwide

April 7, 2026
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.