Ford chairman requires deal to finish UAW strike, warns complete US auto business at stake

Comodo Motors basic supervisor Jordan Baker joins The Huge Cash Present to debate the affect on auto sellers and automobile consumers from the continued UAW strike.
Ford Motor Co. Government Chair Invoice Ford delivered a speech Monday urging the United Auto Employees to return along with the corporate to achieve an settlement to finish the union’s ongoing strike, saying America’s complete auto business is in danger if the strike towards Ford, Basic Motors and Stellantis is extended.
“Immediately, because the UAW strike towards Ford continues, we’re at a crossroads,” Ford mentioned in a speech on the firm’s Rouge Customer Middle in Dearborn, Michigan. “Choosing the proper path is not only about Ford’s future and our means to compete. That is about the way forward for the American vehicle business.”
“I name on my nice UAW colleagues, a few of whom I’ve recognized for many years… We have to come collectively to carry an finish to this acrimonious spherical of talks,” he urged.

William Clay Ford Junior, Government Chairman of Ford, speaks on stage on the Ford vehicle manufacturing unit on June 12, 2023 in Cologne, Germany. (Lukas Schulze/Getty Photos / Getty Photos)
Ford mentioned the U.S. auto business is essential to the nation’s nationwide safety, and added that “Toyota, Honda, Tesla and others are loving this strike as a result of they know the longer it goes on, the higher it’s for them.”
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UAW President Shawn Fain responded to Ford’s remarks with one other menace to escalate the strike additional.
“Invoice Ford is aware of precisely learn how to settle this strike. As an alternative of threatening to shut the Rouge, he ought to name up Jim Farley, inform him to cease taking part in video games and get a deal finished, or we’ll shut the Rouge for him,” Fain mentioned in an announcement. “It is not the UAW and Ford towards international automakers. It is autoworkers in all places towards company greed. If Ford needs to be the all-American auto firm, they’ll pay all-American wages and advantages. Employees at Tesla, Toyota, Honda, and others will not be the enemy – they’re the UAW members of the longer term.”

Hanging United Auto Employees (UAW) march in entrance of the Stellantis Mopar facility on Sept. 26, 2023, in Ontario, California. (Gina Ferazzi / Los Angeles Occasions by way of Getty Photos / Getty Photos)
The UAW launched its simultaneous however restricted strike towards Ford, GM and Stellantis on Sept. 15, starting with one plant at every producer. The union has incrementally expanded the strike to different amenities and has to date shut down six meeting vegetation, three of that are Ford’s, together with 38 elements depots owned by GM and Stellantis.
Round 34,000 of the 150,000 union employees employed by the Huge Three are at present off the job and on picket traces, and the UAW has threatened to increase the strike nationwide if contract negotiations drag on with out ample progress being made in addressing the union’s calls for.
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The UAW is asking for raises of 40% for members over the four-year contracts with the automakers, and Fain mentioned Friday that Ford has elevated its wage hike supply to 23% – greater than each GM and Stellantis.
Ticker | Safety | Final | Change | Change % |
---|---|---|---|---|
F | FORD MOTOR CO. | 11.81 | -0.19 | -1.58% |
GM | GENERAL MOTORS CO. | 29.66 | -0.66 | -2.18% |
STLA | STELLANTIS NV | 19.68 | -0.09 | -0.46% |
Ford has mentioned it has provided the UAW a file contract, however assembly all of the union’s calls for would hinder the corporate’s means to stay aggressive.
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“Ford’s means to take a position sooner or later is not only a speaking level,” Invoice Ford mentioned Monday. “It’s absolutely the lifeblood of our firm. And if we lose it, we’ll lose to the competitors. America loses.”
Reuters contributed to this report.