Ford Urges UAW to End Monthlong Strike Amid Mounting Economic Losses
- The UAW strike against Ford, GM, and Stellantis has expanded to multiple plants, impacting over 34,000 workers.
- Ford Executive Chair Bill Ford warned the strike poses a major threat to the company's future investments and competitiveness.
- The strike has cost an estimated $8 billion in lost wages and earnings for workers, automakers, suppliers, and dealers.
- Ford stated competitors like Toyota, Honda, and Tesla stand to gain the longer the strike drags on.
- UAW President Shawn Fain threatened to escalate the strike in response to Ford's public plea for a resolution.