Comodo Motors general manager Jordan Baker joins The Big Money Show to discuss the impact on auto dealers and car buyers from the ongoing UAW strike.
Ford Motor Co. Executive Chair Bill Ford delivered a speech Monday urging the United Auto Workers to come together with the company to reach an agreement to end the union's ongoing strike, saying America's entire auto industry is at risk if the strike against Ford, General Motors and Stellantis is prolonged.
«Today, as the UAW strike against Ford continues, we are at a crossroads,» Ford said in a speech at the company's Rouge Visitor Center in Dearborn, Michigan. «Choosing the right path is not just about Ford’s future and our ability to compete. This is about the future of the American automobile industry.»
«I call on my great UAW colleagues, some of whom I've known for decades… We need to come together to bring an end to this acrimonious round of talks,» he urged.
William Clay Ford Junior, Executive Chairman of Ford, speaks on stage at the Ford automobile factory on June 12, 2023 in Cologne, Germany. (Lukas Schulze/Getty Images / Getty Images)
Ford said the U.S. auto industry is critical to the country's national security, and added that «Toyota, Honda, Tesla and others are loving this strike because they know the longer it goes on, the better it is for them.»
FORD'S KENTUCKY TRUCK PLANT CROWN JEWEL FOR UAW
UAW President Shawn Fain responded to Ford's remarks with another threat to escalate the strike further.
«Bill Ford knows exactly how to settle this strike. Instead of threatening to close the Rouge, he should call up Jim Farley, tell him to stop playing games and get a deal done, or we’ll close the Rouge for him,» Fain said in a statement. «It's not the UAW and
Read more on foxbusiness.com