U.A.W. and Ford Reach Tentative Contract Agreement

U.A.W. and Ford Reach Tentative Contract Agreement

In a significant development, the United Automobile Workers (U.A.W.) and Ford have reached a tentative contract agreement. This agreement, which is subject to approval by union members, has the potential to ease the way for future deals with General Motors and...
Ford’s UAW Deal Will Raise Costs While Easing Labor Strife

Ford’s UAW Deal Will Raise Costs While Easing Labor Strife

Ford’s recent UAW deal is set to bring about mixed outcomes. While it offers union members at the carmaker some of the best terms they have seen in decades, it also poses potential challenges for Ford’s electric vehicle plans. The tentative agreement...
Ford delays $12B in EV investments as demand softens

Ford delays $12B in EV investments as demand softens

Ford is facing challenges in the electric vehicle (EV) market as the demand for higher priced premium electric vehicles softens. The automaker has decided to delay about $12 billion in planned investments on EVs, including the construction of a second battery plant...