Ford says UAW strike cut profits by $1.7B; new contract to cost $8.8B
Ford said the UAW’s new contract would increase labor costs by $8.8 billion, or an average of $900 per vehicle in 2028.
Ford said the UAW’s new contract would increase labor costs by $8.8 billion, or an average of $900 per vehicle in 2028.
The EV maker enables line workers to become managers and even millionaires, Musk said. A union would get in the way. “If Tesla gets unionized, it will be because we deserve it and we failed in some way,” he said.
Most EVs can drive 200 to 300 miles on a full charge, according to J.D. Power.
Maserati North America CEO William Peffer will replace Jim Morrison, who will lead the newly formed Jeep Performance Parts business.
The UAW said thousands of nonunion employees are signing support cards and organizing to join its ranks, weeks after it won lucrative contracts at Ford, GM and Stellantis. The drive targets 13 automakers with roughly 150,000 U.S. manufacturing workers.