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 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...