Posted on 02/16/2024 8:07:51 AM PST by yesthatjallen
Last fall’s contentious United Auto Workers’ strike changed Ford’s relationship with the union to the point where it will “think carefully” about where it builds future vehicles, Ford’s top executive said Thursday.
CEO Jim Farley told the Wolfe Research Global Auto Conference in New York that the company always took pride in its relationship with the UAW, having avoided strikes since the 1970s.
But last year, Ford’s highly profitable factory in Louisville, Kentucky, was the first truck plant that the UAW shut down with a strike.
Farley said as the company looks at the transition from internal combustion to electric vehicles, “we have to think carefully about our (manufacturing) footprint.”
Ford, Farley said, decided to build all of its highly profitable big pickup trucks in the U.S., and by far has the most union members — 57,000 — of any Detroit automaker. This came at a higher cost than competitors, who went through bankruptcy and built truck plants in Mexico, he said. But Ford thought it was the “right kind of cost,” Farley said.
“Our reliance on the UAW turned out to be we were the first truck plant to be shut down,” Farley told the conference. “Really our relationship has changed. It’s been a watershed moment for the company. Does this have business impact? Yes.”
In a statement, union President Shawn Fain said Ford should stay focused on building the best auto industry, not on a race to lower wages.
“Maybe Ford doesn’t need to move factories to find the cheapest labor on Earth,” he said. “Maybe it needs to recommit to American workers and find a CEO who’s interested in the future of this country’s auto industry,” Fain said.
SNIP
(Excerpt) Read more at apnews.com ...
Good for them. Walk away from back stabbers.
With the wealth and income gap ever widening in this country, it’s sad to be simping for the ruling class.
OTOH...the 1% gets richer and richer and the middle class is shrinking dramatically.....
Communism has been a dismal failure everywhere it's been tried. Pick your poison.
“Workers, union or otherwise, deserve a bigger slice of the pie.”
Isn’t that the crux of the problem. We in America believe the little guy should have a good life. That increases their cost to the employer.
Workers in other countries aren’t as well off but they are cheaper to their employer and the resultant products are cheaper, and a manufacturer halfway around the world can build things and float them over to us at very little cost per ton.
The ultimate problem is that we buy more goods from them than they buy from us, so they accumulate dollars and we go into debt. Those dollars give them power over us.
It’s called skin in the game. Employee owned companies do a lot better than union companies because they care about efficiency. Unions always want more for less which doesn’t work well in a competitive environment.
It’s weird how some of those who are most apoplectic about China stealing our jobs are just as vehement in their opposition to American workers fighting for a living wage.
Hey Ford, just tell Biden to shove global warming/EV’s and get on with building real gas cars.
You should be rejoicing that your Maoist brethren are getting the better of those accursed free-market Americans.
“..Farley said as the company looks at the transition from internal combustion to electric vehicles...”
With asswipes like Farley in charge, union should go on open ended strike until Ford installs sanity into it’s leadership.
Why are there laws ahainst business monopolies but not against union monopolies?
How many jobs have you created for people?
For decades of UAW’s untenable demands Ford has climbed in bed with the UAW and eliminated most of Ford’s American competition. Now that Ford is one of the UAW’s only remaining targets Ford doesn’t like being on the receiving end?
Poor babies!
Duh!
We’re in a full employment economy now, and that’s when workers can demand higher wages.
Good for them.
You didn’t answer my question.
I will ask it again.
How many jobs have you created for other people?
With their multitudinous quality issues, insane pricing and less-than-honest dealer network, they should in short order be able to NOT build vehicles just about anywhere.
Because of the 1935 National Labor Relations Act.
It's primary purpose was to exempt Collective Bargaining from the 1890 Sherman Anti-Trust Act.
Collective bargaining in effect is price-fixing and a labor union strike is extortion, but labor unions are exempted from both crimes because of the NLRA.
The NLRA, I should add, was ramrodded through two demoncrat-controlled houses of Congress by America's first all-socialist, all-the-time president, but only after he had stacked SCOTUS with enough "Progressive" justices to make the bill invulnerable to constitutional challenge.
It was this exact same Executive Branch that ramrodded through the Social Security Act, the upshot of which is that now the US Congress has unlimited access to the funds in your retirement account (what could possibly go wrong with that plan?), and put America on the path to Socialism.
Social Security we'll be stuck with until after the next American Revolution but the NLRA should have been challenged in SCOTUS or overturned by the Congress decades ago.
Maybe Ford will fire up the closed Brazil plant.
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