Ford says it is 'at the limit' with UAW contract offer

Ford (F) recalls 230K Explorer SUVs for rollaway risk

Ford is recalling certain 2020-2022 Ford (NYSE: F) Explorers due to the potential risk of rolling away if the parking brake is not engaged.

According to the National Highway Traffic Safety Administration, 238,364 vehicles are affected by this recall. The issue stems from a... More

Ford (F) calls for deal to end UAW strike

On Monday, Bill Ford, the Executive Chairman of Ford Motor Company (NYSE: F), appealed to the United Auto Workers union to cease their 32-day strike and come to terms on a fresh labor agreement.

Ford highlighted the escalating repercussions for both the automaker and the broader U.S. economy.

"We... More

Stellantis (STLA), Ford (F) layoff 1,250 additional workers as UAW strike continues

Chrysler-parent company Stellantis (NYSE: STLA) and Ford Motor (NYSE: F) announced on Friday that they would be implementing temporary layoffs for 1,250 employees, citing the repercussions of the ongoing United Auto Workers (UAW) strike.

In light of the strike, Stellantis disclosed that 1,340 employees are... More

Bank of America raises estimates on Stellantis (STLA) despite limited impact of UAW strike

Bank of America reiterated a Buy rating on Stellantis (NYSE: STLA) and raised their 12-month price target on the automotive stock to $23.00 (From $20.00) ahead of the companys 3Q report. Stellantis will report their 3Q sales results on October 31st.

The focus for Q4 and the 2024 outlook is expected to be on the order book,... More

General Motors (GM) OSHA recommends fines for GM joint venture battery plant

The Occupational Safety and Health Administration (OSHA), Thursday recommended imposing fines of $270,000 on a joint venture battery plant in Ohio, operated by General Motors (NYSE: GM) and LG Energy Solution.

The recommendation comes after inspectors found the company exposed workers to hazards when they failing to train on safety and emergency response procedures and did... More

Ford Motor (F) Statement On Kentucky Truck Plant Work Stoppage

Ford Motor (NYSE: F) announced:

The decision by the UAW to call a strike at Fords Kentucky Truck Plant is grossly irresponsible but unsurprising given the union leaderships stated strategy of keeping the Detroit 3 wounded for months through reputational damage and industrial chaos.

Ford made an outstanding offer that would make a meaningful positive difference in the quality of life for our... More

UAW escalates strike with surprise walkout at Ford (F) Kentucky plant

The United Auto Workers (UAW) union began a surprise strike against Ford Motor, specifically targeting the automaker's most profitable SUV and pickup truck production facility in Kentucky.

This unexpected strike started at 6:30 p.m. Eastern Time on Wednesday, disrupting operations at Ford's Kentucky Truck Plant. This facility is responsible for manufacturing Ford Super Duty pickups, along with the Ford Expedition and Lincoln Navigator SUVs. The workforce at this plant comprises 8,700 UAW members.

The strike raises places additional... More