About 146,000 auto workers are prepared strike this week if their demands are not met by their employers – Big Three automakers General Motors, Ford and Stellantis.
Jim Farley shares details about the latest offer to ABC News.About 146,000 auto workers are prepared to strike this week if their demands are not met by their employers – Big Three automakers General Motors, Ford and Stellantis.
LINSEY DAVIS: Thank you so much, Mr. Farley, for joining us. We'll get to the talks in a moment. But first, Ford will be unveiling the 2024 Ford F-150 tonight ahead of the Detroit Auto Show. Tell us a bit about that and what it means for your company. Our team gets five weeks of vacation. They get another 17 days off. A lot in the offer. But this will be the most lucrative offer and will require a lot of belt tightening at the company. And there's a limit how far we can go, because we have to keep investing for the transition of the industry.
We’re the most committed, the UAW. So it's critical that we find a deal. But there is a limit, as I said. We're not going to mortgage our future. But we also have to invest in this huge transition to electric, partial electric future, $50 billion in Ford's case. And we need the profitability to invest.
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