Ford Says Ongoing UAW Strike At Auto Giant's Largest Plant Carries 'Serious Consequences'
Portfolio Pulse from Anan Ashraf
Ford Motor Co (NYSE:F) is facing a strike at its largest plant in Kentucky, as 8,700 union members walked out demanding better pay and other amenities. The strike, now in its fourth week, has serious consequences for Ford's workforce, suppliers, dealers, and commercial customers. The plant, which generates about $25 billion in revenue annually, produces popular vehicles including the F-Series Super Duty, the Ford Expedition, and the Lincoln Navigator.
October 12, 2023 | 3:21 am
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The ongoing strike at Ford's largest plant could have serious consequences for the company's operations and revenues. The plant generates about $25 billion in revenue annually and produces some of Ford's most popular vehicles.
The strike at Ford's largest plant, which is now in its fourth week, could have serious implications for the company. The plant generates a significant portion of Ford's revenue and produces some of its most popular vehicles. If the strike continues, it could disrupt Ford's operations and negatively impact its revenues and stock price.
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