Ford, Canadian autoworkers deal

Ford says UAW strike cost company $1.7 billion in lost profits

Ford CFO John Lawler on Thursday revealed the automaker lost $1.7 billion in profits due to the United Auto Workers union's weekslong strike against the company.

Detroit News · 1d

Ford shares new guidance after UAW strike costs it $1.7B

The Dearborn automaker had withdrawn its annual guidance last month pending the ratification of a tentative agreement.

Business Times · 1d

Ford takes US$1.7 billion profit hit from UAW strike

FORD Motor on Thursday (Nov 30) said the US autoworkers’ strike has led to a US$1.7 billion hit to its profit and lost production of thousands of vehicles, as it cut its full-year earnings forecast to account for the recently struck labour deal.

The Wall Street Journal on MSN · 1d

Ford Lost $1.7 Billion in Profit From UAW Strike

F ord Motor has provided a new annual earnings forecast after previously withdrawing guidance due to the United Auto Workers strike, which the auto giant said resulted in $1.7 billion in lost profits.

Chicago Tribune · 1d

Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits

Additional labor costs from the agreement will total $8.8 billion by the end of the contract, translating to about $900 per vehicle by 2028, the company said.

Reuters on MSN · 1d

Ford pegs cost of UAW labor deal at $8.8 billion, cuts annual profit view

Ford Motor on Thursday pegged the cost of a new labor deal at $8.8 billion and joined rival General Motors in cutting its full-year profit forecast due to lost production from a lengthy strike at its U.

Post and Courier · 1d

Ford lost $1.7B from UAW strike; GM projects EV losses will end by 2025

A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this

Hosted on MSN1mon

Canadian autoworkers ratify new contract with GM, leaving only Stellantis without deal

TORONTO — Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors. Members of Unifor, the union representing about 4,300 Canadian workers at three Ontario ...

Milwaukee Journal Sentinel25d

Unifor members ratify deal with Stellantis, ending Detroit 3 bargaining in Canada

Autoworkers in Canada now have a new contract with Stellantis, too. Unifor, the union representing those workers, announced ...

14don MSN

Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers

A majority of Ford facilities overwhelmingly approved the deal, which, like those with GM and Stellantis, includes at least ...

AOL1mon

Autoworkers in Canada OK deal with GM

Autoworkers in Canada ratified a new labor contract Sunday with General Motors, averting a resumption of a strike that had lasted about 13 hours on Tuesday. Members of Unifor, the Canadian union ...

Yahoo News1mon

Canadian autoworkers union Unifor ratifies GM labor deal

(Reuters) - Canadian labor union Unifor on Sunday said its members had voted in favor of a contract with General Motors, a relief for the automaker as it also faces a larger strike by hourly workers ...

CNBC1mon

Canadian auto union reaches deal with Stellantis after brief labor strike

Canadian union Unifor and Stellantis have reached a tentative agreement Monday morning. The deal ended a brief strike that began after a deal wasn't reached by 11:59 p.m. Sunday. The Unifor ...

1don MSN

Ford targets 'meaningful changes' in cost and quality -CFO

Ford Motor Co is intensely focused on reducing costs across the business, from commodities, labor and warranties to the ...

ABC News1mon

Canadian autoworkers ratify new contract with General Motors, leaving only Stellantis without deal

Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors TORONTO -- Canadian autoworkers have voted to ratify a three-year contract agreement with General ...

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