this post was submitted on 28 Oct 2023
91 points (91.0% liked)

Technology

61410 readers
6450 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
 

Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand::The 41-day United Auto Workers strike took a toll on Ford, leading to a $1.3 billion hit to its Q3 earnings, and forcing the automaker to reevaluate its electric vehicle (EV) strategy. One significant development [...]

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 50 points 1 year ago (13 children)

Oh no! Pay your workers more maybe?

[–] Pretzilla -3 points 1 year ago* (last edited 1 year ago) (9 children)

Just to put a number on it, the UAW cost increase is around $1000 per vehicle.

Ed: apologizes for the delay in the source. Here's a gift article from the nytimes Please un-downvote now, thanks

But I still can't vouch for the veracity of the claim. Mr. Lawler is Ford CFO.

"Mr. Lawler said on a conference call that the contract would raise the company’s labor costs by an average of $850 to $900 per vehicle."

Ford’s U.A.W. Deal Will Raise Costs While Easing Labor Strife https://www.nytimes.com/2023/10/26/business/ford-uaw-contract.html?unlocked_article_code=1.6Ew.VpuI.7GTqA_SNwFxD

[–] eguidarelli 9 points 1 year ago* (last edited 1 year ago) (1 children)

Can you provide a source for that?

Edit: Appreciate it!

[–] Pretzilla 1 points 1 year ago
load more comments (7 replies)
load more comments (10 replies)