Ford Reaches Spending Limit for New Contract with Striking Autoworkers
Top exec says the carmaker has reached the limit of how much money it will spend to get a contract agreement.
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Top exec says the carmaker has reached the limit of how much money it will spend to get a contract agreement.
Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.
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The United Auto Workers union significantly escalated its strikes against Detroit's Three automakers Wednesday when 8,700 workers walked off their jobs at Ford's Kentucky truck plant.
The factories that have been affected by layoffs are in six states: Michigan, Ohio, Illinois, Kansas, Indiana and New York.