Ford Motor Says It Would Have Lost $14.4B Over Last Four Years With Current UAW Demands; Each Plant That Gets Struck By UAW Has 10-15 Affiliated Plants That Would Be Affected
Portfolio Pulse from Benzinga Newsdesk
Ford Motor has stated that it would have lost $14.4 billion over the last four years if it had met the current demands of the United Auto Workers (UAW). Furthermore, each plant that gets struck by UAW has 10-15 affiliated plants that would be affected.
September 14, 2023 | 8:20 pm
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Ford Motor's profitability could be significantly impacted if it were to meet the current demands of the UAW. Additionally, UAW strikes could disrupt operations at multiple affiliated plants.
The news directly mentions Ford Motor and highlights the potential financial impact of the UAW's demands on the company's profitability. Furthermore, the potential for strikes could disrupt operations at multiple plants, which could further impact profitability and the company's stock price.
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IMPORTANCE 80
RELEVANCE 100