Ford says it lost $1.7B on 6-week UAW strike, plans to pay nearly $9B more on raises union won
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 year, the automaker said Thursday. Additional labor costs from the four-year and eight-month agreement will total $8.8 billion by the end of the contract,…
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