Posted on 09/14/2023 4:59:13 PM PDT by ChicagoConservative27
On Thursday’s broadcast of CNN’s “The Lead,” Ford President and CEO Jim Farley stated that he’s not opposed to giving workers pay increases, “But if it prevents us from investing in this transition to EVs and in future products like the ones we have now like a new F-150,” they won’t do that because they’ll go bankrupt.
While discussing the pay raises demanded by the UAW in negotiations and pay raises for CEOs, Farley said that they have offered pay raises and are open to big pay increases, but the 40% that the UAW is asking for is too much and would put the company out of business, and “There’s a fine line here that we won’t go past, which is, we want everyone to participate in our success. But if it prevents us from investing in this transition to EVs and in future products like the ones we have now like a new F-150, the best-selling vehicle in the U.S., then everyone’s job’s at risk if we don’t invest. So, there’s a line. The line isn’t for us to go bankrupt. The line is somewhere in the middle, and the only way to resolve that is to actually negotiate.”
(Excerpt) Read more at breitbart.com ...
But they make up for it in volume.
Thanks. I had hopes for Ford after they rejected the 2009 bail out. But they are just as owned by our facist government as Government Motors or Crisisler.
This is weird. I’ve never seen a company go out and waste billions of dollars on a product that’s not selling.
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Hence the phrase “Clown World”
Where businesses bankrupt themselves, cheap energy is discarded and bad-mouthed, and impossible “Green World” is the mandated goal.
“Tesla understands that all they have to do to win in the EV market is to suck less than the other options. It helps them tremendously that their cars don’t compete with a far better ICE equivalent sitting next to it on the same car lot.”
I read that 3 times and I still see you contradicting yourself.
Don’t hurt yourself straining your reading comprehension. I wouldn’t expect you to understand.
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