Ford CEO Says Automaker Would Have Gone Bankrupt If UAW Proposal Had Been In Effect In Prior Years
Portfolio Pulse from Benzinga Newsdesk
In a recent interview with CNBC, Ford's CEO stated that the company would have gone bankrupt if the United Auto Workers' (UAW) proposal had been in effect in previous years.
September 14, 2023 | 8:22 pm
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Ford's CEO's statement about the potential bankruptcy under UAW's proposal may raise concerns about the company's financial stability and labor relations.
The CEO's comments suggest that Ford's financial stability could have been severely impacted by the UAW's proposal. This could raise concerns among investors about the company's ability to handle labor issues and its overall financial health, potentially leading to a negative impact on the stock price.
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