The Ford executive chair calls on auto workers to end the auto workers strike.
0ee03662a9d2249ac3a2e22180eed3c2ac69879bby The National DeskFILE - UAW local 862 members strike outside of Ford's Kentucky Truck Plant in Louisville, Ky. on Thursday, Oct. 12, 2023. Former White House Economic Advisor Steve Moore joined The National Desk’s Dee Dee Gatton to discuss the issue.
“This strike has gone on for several months, and there's no question that its costing Ford and GM a lot of money in terms of the reduction and production of new cars,” he said. “Meanwhile, you have a situation where the auto companies are really struggling in power because they've invested very, very heavily, billions and billions of dollars in electric vehicles.
Ford's Executive Chairman Bill Ford called for an end of the strike saying that could cost the company the ability to invest in the future. This comes a month after autoworkers walked off the job initiating the start of the strike.“These auto workers need to be attentive to what's happening to the company that they work for. If it's not a profitable company, they're going to have to eventually layoff people,” Moore said.
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