As Ford grapples with nearly $1 billion in elevated expenses from suppliers due to inflationary pressures, those same suppliers have been unable to provide parts for nearly 45,000 trucks and SUVs, forcing them to be left unfinished in the third quarter.Read More
Less than two months after announcing it would apply $134 million of taxpayer dollars for retooling two Michigan plants, news reports this week surfaced that revealed Ford Motor Company would lay off approximately 8,000 salary workers.
According to Bloomburg reporting, the job cuts are part of the automaker’s effort to liberate $3 billion of corporate operational costs from the its internal combustion engine business. The company would then transfer savings garnered from the layoffs to build electric Ford F-150 Lightning and Ranger pickups at Ford’s Michigan Assembly Plant in Wayne, a new Mustang coupe at Flat Rock Assembly Plant, and a $35 million Ford Customer Service Division packaging facility in Monroe.Read More
Ford Motor Company says it will spend $3.7 billion across three Midwestern states to create more than 6,200 new union jobs.
The United Auto Workers and Ford say they will convert nearly 3,000 temporary UAW-Ford workers to permanent full-time status and provide all hourly employees healthcare benefits on the first day at work.Read More
The state of Michigan could invest up to $135 million in new auto and electric vehicle (EV) plants for Ford Motor Company.
The news follows Stellantis NV choosing Kokomo, Ind., as the site for a $2.5 billion EV battery manufacturing plant that could employ 1,400 people, passing over locations around the Motor City.Read More
Major U.S. automaker Ford blamed its sizable investment in electric vehicle (EV) company Rivian for its dramatic revenue decline in the first quarter of 2022.
Ford reported revenue of $34.5 billion between January and March, a 5% decline relative to the same period in 2021, and a net loss of $3.1 billion, according to the company’s earnings report released Wednesday. The Detroit automaker said its large investment in Rivian accounted for $5.4 billion in losses during the first quarter.Read More
While rank-and-file union members embraced President Trump, virtually every major union endorsed Joe Biden. A quietly issued Labor Department regulation helps explain this disconnect. President Biden has put union leaders first — even at the expense of union members.
Late last year, the Labor Department rescinded Trump Administration union transparency regulations. These regulations would have required union trust funds — like apprenticeship funds and strike funds — to disclose their receipts and expenditures.Read More
After intense negotiations, the United Auto Workers secured a new agreement with Ford, General Motors, and their suppliers that effectively prohibits a vaccine mandate for employees by requiring only “voluntary” disclosure of vaccination status for union members. This hard-won validation for workers points to a larger opportunity for the America First movement and organized labor to acknowledge that they are natural allies.
On critical issues ranging from medical privacy to border security and foreign trade, the emerging populist and nationalist consensus of the New Right creates an obvious home for unionized Americans. The America First cause can, in turn, help revitalize private-sector unions and guarantee a more prosperous society for our country, with a stronger middle class through a better diffusion of economic and political power.Read More
The red state/blue state dichotomy is not simple.
Nowhere is that more apparent than Tennessee where—despite having one of the most conservative electorates in the country—the leadership has been passive at best in responding to the wishes of their supporters during these days of great crisis.Read More
Despite Gov. Gretchen Whitmer’s claim that Michigan is the future of electric vehicles (EVs), Ford Motor Company and battery maker SK Innovation announced plans to build three new plants in Kentucky and Tennessee.
The new plants, which will host production of electric vehicles and advanced lithium-ion batteries by 2025, will cost roughly $11.4 billion to build and create a projected 11,000 jobs.Read More
America’s largest automobile manufacturers, along with United Auto Workers (UAW), will require all employees to wear masks again starting Wednesday.
The decision was made by a COVID-19 task force comprised of health officials from UAW, Ford, General Motors and Stellantis, which manufactures Dodge and Chrysler vehicles. All workers, both vaccinated and unvaccinated, have to wear masks at plants, office buildings, and warehouses, UAW announced in a statement Tuesday.Read More
Ford Motor Company announced a $185 million investment to develop a new 200,000 square-foot global battery center to expand battery research and development for vehicles.
The new center will be called Ford Ion Park in a to-be-announced location.Read More
The Ford Motor Company Fund awarded members of the Detroit Youth Choir (DYC) with scholarships and a 15-passenger van as a celebration of their summer appearance on “America’s Got Talent.”Read More