Ford says it's 'at the limit' of what it can offer UAW as strikes escalate
Publishing timestamp: 2023-10-12 16:12:26
Summary
Ford Motor is reaching its limit in terms of economic concessions it can offer the United Auto Workers union. The company is concerned that any additional costs would hinder its ability to operate and invest in emerging areas such as electric vehicles. The union has launched a strike, expressing dissatisfaction with the company's offer. Negotiations are ongoing.
Sentiment: MIXED
Keywords: autos, detroit, business, personnel, general motors co, breaking news: business, business news, ford motor co, transportation, labor economy,