Opinion | Ford Pays Dearly for Labor Peace With the UAW

Date:

Share:

[ad_1]

Updated Oct. 26, 2023 6:48 pm ET

President Biden praised what he called the “historic tentative agreement” that the United Auto Workers and Ford struck late Wednesday as a testament to collective bargaining. Perhaps, but the real test will be whether Ford can stay competitive, especially amid the government-forced electric-vehicle transition.

UAW President Shawn Fain’s strategy of staging strikes at select plants operated by all three Detroit auto makers appears to be paying off. The union was threatening to call off workers at a factory that builds Ford’s highly profitable F-150 pickup when the auto maker agreed to a generous deal that ends the nearly six-week walkout.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

[ad_2]

Source link

Subscribe to our magazine

━ more like this

How Professional Bettors Manage Risk and Bankroll

Professional betting is often misunderstood. Many assume success comes from predicting winners more accurately than everyone else. In reality, long-term profitability depends far more...

Top Fire Watch Strategies for Events and Commercial Properties in 2026

Fire safety standards for events and commercial properties are evolving faster than ever. As we move through 2026, tighter regulations, stricter insurance evaluations, and...

Why Fast Fire Watch Relies on AI for Advanced Fire Detection Solutions

What if your fire detection system could predict danger before it happens? The fast fire watch company believes in that possibility, leveraging artificial intelligence...

How To Place Winning Bets Without Breaking The Bank

Did you know that nearly 70% of sports bettors lose money in the long run? If you’re tired of watching your hard-earned cash disappear...

Crypto Crime Investigation (C.C.I) Enhances Singapore’s Safety with Innovative Pig Butchering Fraud Recovery Technology

Crypto Crime Investigation (C.C.I) is proud to announce the launch of its groundbreaking Pig Butchering fraud recovery technology, a vital initiative aimed at protecting...