Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company's future is at stake
https://apnews.com/article/bill-ford-executive-chairman-uaw-contract-talks-27b702b36599bf1706e1c692ccfda1c6
By TOM KRISHER
Updated 3:37 PM CDT, October 16, 2023
DETROIT (AP) Ford Motor Co. Executive Chairman Bill Ford on Monday called on autoworkers to come together to end a monthlong strike that he says could cost the company the ability to invest in the future.
In a rare speech coming during contract talks in the companys hometown of Dearborn, Michigan, Ford said high labor costs could limit spending on developing new vehicles and investing in factories.
Its the absolute lifeblood of our company. And if we lose it, we will lose to the competition. America loses. Many jobs will be lost, said the great-grandson of company founder Henry Ford.
The company, he said, builds more vehicles in America and has more United Auto Workers employees than any company, which has increased its costs in a highly competitive industry.
FULL story at link above.