Business
New UAW Contract Drives Up Labor Costs and Drags Down Profit Guidance for Ford
Ford CFO John Lawler says the automaker must “work on driving productivity and efficiencies” to lower the cost and hours to produce vehicles. The company restored financial guidance Thursday, saying profits would come in lower than earlier projections due to rising labor costs.
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@markets
December 15, 2023 at 12:05 am
Take this poll and help shape the future of "Bloomberg Surveillance"
https://bmedia.iad1.qualtrics.com/jfe/form/SV_41oPm2bYfpiE9zU?source=YouTubeComments
@philipmcardle3087
December 15, 2023 at 12:05 am
The only reason EV prices have come down is due to Tesla
@michael2275
December 15, 2023 at 12:05 am
Dead man walking
@Fj8282haha
December 15, 2023 at 12:05 am
Ford exc trying to sweet talk their stock price is a wet dream and HUGE ALARM for future of ford. UAW contaminated companies and industries is on death march to eventual demise.
@bydarkwaters2055
December 15, 2023 at 12:05 am
Someone is living in fantasy land.
@marjoriebreslin2995
December 15, 2023 at 12:05 am
No one is buying new cars due to high cost. And high interest rates.
Thanks joe😮