this post was submitted on 28 Oct 2023
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Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand::The 41-day United Auto Workers strike took a toll on Ford, leading to a $1.3 billion hit to its Q3 earnings, and forcing the automaker to reevaluate its electric vehicle (EV) strategy. One significant development [...]

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[–] Marketsupreme@lemm.ee 45 points 8 months ago (10 children)

Oh no! Pay your workers more maybe?

[–] Pretzilla@lemmy.world -2 points 8 months ago (6 children)

Just to put a number on it, the UAW cost increase is around $1000 per vehicle

[–] eguidarelli@lemmy.world 8 points 8 months ago* (last edited 8 months ago)

Can you provide a source for that?

Edit: Appreciate it!

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