{"id":32609,"date":"2023-10-27T12:53:00","date_gmt":"2023-10-27T11:53:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2844696"},"modified":"2023-10-27T12:53:00","modified_gmt":"2023-10-27T11:53:00","slug":"uaws-41-day-strike-cost-ford-1-3-billion","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/10\/27\/uaws-41-day-strike-cost-ford-1-3-billion\/","title":{"rendered":"UAW\u2019s 41-Day Strike Cost Ford $1.3 Billion"},"content":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 15px;\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW-1536x864.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/div>\n<p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<html><body><\/p>\n<p>Ford has revealed that the <a href=\"https:\/\/www.carscoops.com\/tag\/uaw\/\">United Auto Workers (UAW)<\/a> strike against it cost the firm cost it $1.3 billion and slashed $1.2 billion in third-quarter net income.<\/p>\n<p><!--  [Mobile]med_rect_atf --><\/p>\n<div data-pw-mobi=\"med_rect_atf\" id=\"pwMobiMedRectAtf\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectAtf\");\n  })\n<\/script><\/p>\n<p>The union&rsquo;s strike on <a href=\"https:\/\/www.carscoops.com\/tag\/ford\/\">Ford<\/a> stretched on for 41 days and only ended on Wednesday evening when it struck a tentative agreement with the car manufacturer. According to Ford chief financial officer John Lawler, the strike canceled production of 80,000 vehicles and cost it roughly $100 million in the third quarter. As the strike stretched into October, it cost it a further $1.2 billion, promoting Ford to withdraw its full-year guidance while waiting on UAW members to vote on the agreement.<\/p>\n<p>While speaking with analysts during the release of its third-quarter earnings, Ford said the deal with the UAW will increase labor costs by $850 to $900 for each vehicle it builds and reduce margins by 0.6 or 0.7%. While executive chair Bill Ford says the company can &ldquo;barely&rdquo; afford its new deal with the UAW, Lawler says Ford will remain profitable.<\/p>\n<div class='in-asd-content'>\n<h6>advertisement scroll to continue<\/h6>\n<div data-pw-desk='med_rect_atf' id='pwDeskMedRectAtf'><\/div>\n<p><script type='text\/javascript'>\n  window.ramp.que.push(function () {\n      window.ramp.addTag('pwDeskMedRectAtf');\n  })\n<\/script>\n<\/div>\n<p><!--  [Mobile]med_rect_btf --><\/p>\n<div data-pw-mobi=\"med_rect_btf\" id=\"pwMobiMedRectBtf1\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectBtf1\");\n  })\n<\/script><\/p>\n<p><strong>Read: <a href=\"https:\/\/www.carscoops.com\/2023\/10\/ford-and-uaw-reach-tentative-agreement-to-end-strike\/\">Ford And UAW Reach Tentative Agreement To End Strike<\/a><\/strong><\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/09\/UAW-Strike-1.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/09\/UAW-Strike-1-400x225.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/09\/UAW-Strike-1-1024x576.webp 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/09\/UAW-Strike-1-768x432.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/09\/UAW-Strike-1-1536x864.webp 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1-1536x864.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" UAW&rsquo;s 41-Day Strike Cost Ford $1.3 Billion\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/09\/UAW-Strike-1-1024x576.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a>  <\/p>\n<p>&ldquo;We&rsquo;re going to have to find efficiency and productivity throughout the system and throughout the company to help mitigate the impacts of the higher labor costs,&rdquo; he told <em><a href=\"https:\/\/www.autonews.com\/manufacturing\/ford-q3-earnings-uaw-strike-cost-13-billion-overshadowing-12b-net-income\">Auto News<\/a><\/em>. &ldquo;Interestingly, we&rsquo;re in a period of time where we&rsquo;re seeing inflation. When you&rsquo;re in a period of inflation, you have to pay your people because it puts a hardship on them, and then you as a company have to go operate more efficiently, increase your productivity, and eliminate waste.&rdquo;<\/p>\n<p><a href=\"https:\/\/www.carscoops.com\/2023\/10\/ford-canada-says-its-run-out-of-ev-early-adopters-shifting-focus-to-mass-consumers\/\">Ford&rsquo;s<\/a> revenue rose to $44 billion in the third quarter, an 11% increase from the third quarter of last year. The company finished the quarter with more than $29 billion in cash and $51 billion in liquidity while also reporting increases in U.S. sales of its combustion, electric, and hybrid vehicles.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-a-mid',\n    container: 'taboola-mid-article',\n    placement: 'Mid Article',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<p>Many details about Ford&rsquo;s new <a href=\"https:\/\/www.carscoops.com\/2023\/10\/6800-uaw-members-strike-at-stellantis-ram-1500-assembly-plant\/\">deal with the UAW<\/a> have not been publicized. However, it is understood to include 25% base wage increases through April 2028 and a 68% increase in the starting wage to more than $28 an hour. The new deal also includes cost-of-living allowances, a three-year wage progression system, and more generous retirement benefits.<\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/02\/Ford-Factory-j.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/02\/Ford-Factory-j-400x225.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/02\/Ford-Factory-j-1024x576.webp 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/02\/Ford-Factory-j-768x432.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2023\/02\/Ford-Factory-j-1536x864.webp 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j-1536x864.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" UAW&rsquo;s 41-Day Strike Cost Ford $1.3 Billion\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/02\/Ford-Factory-j-1024x576.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            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IT\u96fb\u8166\u88dc\u7fd2 ) \u63d0\u4f9b\u4e00\u500b\u65b9\u4fbf\u7684\u7535\u5b50\u8ba1\u7b97\u673a \u6559\u80b2\u5e73\u53f0, \u70ba\u5927\u5bb6\u914d\u5c0d\u4fe1\u606f\u6280\u672f, \u96fb\u8166 \u8001\u5e2b, IT freelance \u548c programming expert. \u8b93\u5927\u5bb6\u65b9\u4fbf\u5730\u5c31\u80fd\u627e\u5230\u5408\u9069\u7684\u96fb\u8166\u88dc\u7fd2, \u96fb\u8166\u73ed, \u5bb6\u6559, \u79c1\u4eba\u8001\u5e2b.  <br>\r\n\r\nWe are a education and information platform which you can find a IT private tutorial teacher or freelance. <br>\r\n\r\nAlso we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation\u2026 \r\n<\/p>\n<p><br>(2) ITSec<br> <\/p><a href=https:\/\/itsec.vip><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITSec-Main-Promotion-Image.png alt= https:\/\/itsec.vip\/\r\nSecure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.  \r\nITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.\/><\/a> \r\n<br><br> \r\n<p><a href=https:\/\/itsec.vip>www.ITSec.vip<\/a> <br> <br> \r\n<p><a href=https:\/\/sraa.com.hk>www.Sraa.com.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/itsec.hk>www.ITSec.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/penetrationtest.hk>www.Penetrationtest.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/itseceu.uk>www.ITSeceu.uk<\/a> <br> <br> \r\nSecure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers. <br><br>\r\nITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training. \r\n<br><br>Contact us right away. <br><br>Email (Prefer using email to contact us): <br>SalesExecutive@ITSec.vip<\/p>","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Ford-UAW-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\"><\/div>\n<p>Ford says the new deal will increase labor costs on each vehicle built by $850 to $900<\/p>\n","protected":false},"author":346,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267,6165],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-32609","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","category-news","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/32609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/346"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=32609"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/32609\/revisions"}],"predecessor-version":[{"id":32610,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/32609\/revisions\/32610"}],"wp:attachment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