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Ford CEO: We Won’t Give Workers Pay Increases that Keep Us ‘from Investing in This Transition to EVs’
Breitbart ^
| 09/14/2023
| Ian hatchett
Posted on 09/14/2023 4:59:13 PM PDT by ChicagoConservative27
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What logic
To: ChicagoConservative27
LOL!!!!! BOTH PARTIES ARE PSTUPID!
2
posted on
09/14/2023 5:01:05 PM PDT
by
Ann Archy
(Abortion....... The HUMAN Sacrifice to the god of Convenience.)
To: ChicagoConservative27
gahead, give them their 20%, and add on 20% to the price of the car, see how long average people can afford one...
feh
3
posted on
09/14/2023 5:02:06 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: ChicagoConservative27
In all fairness, Ford CAN'T give pay raises to employees due to the fact they lose
Sixty Thousand Dollars on each EV they sell.
4
posted on
09/14/2023 5:02:17 PM PDT
by
Responsibility2nd
(A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
To: ChicagoConservative27
I thought the Ford EV sales were all made at a loss.
5
posted on
09/14/2023 5:02:30 PM PDT
by
Paladin2
To: ChicagoConservative27
So long, good-bye, couldn’t happen to a more deserving company. Ford is going down like a dinosaur.
6
posted on
09/14/2023 5:04:55 PM PDT
by
Fai Mao
(Starve the beast and steal its food!)
To: Ann Archy
The point being they will need a smaller workforce.
Side note renting car In Albuquerque yesterday and said do not woman an EV. Desk guy says we have none as they are worthless for long drives.
7
posted on
09/14/2023 5:06:06 PM PDT
by
Mouton
(US Home to one party rule)
To: Paladin2
See post 4. Ford is set to lose
4.5 BILLION DOLLARS on EV sales this year.
Let's see if I have enough zeroes.
$4,500,000,000.00
8
posted on
09/14/2023 5:06:11 PM PDT
by
Responsibility2nd
(A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
To: Responsibility2nd
They should turn their "r" in for an "l":
Fold
.
9
posted on
09/14/2023 5:08:12 PM PDT
by
Theophilus
(It's far easier to rig a jury than an election)
To: ChicagoConservative27
Unions are often way too greedy. No doubt about that.
But here’s the thing. In 2022 Ford President and CEO Jim Farley collected a base salary of $1.7 million, $15.1 million in stock awards, and nearly $2.8 million in bonuses.
There is no mention in the article of how much of his own compensation Farley will return to Ford in order to advance the EV dream.
Just sayin’.
10
posted on
09/14/2023 5:08:52 PM PDT
by
Leaning Right
(The steal is real.)
To: ChicagoConservative27
I’d appreciate it if he would stop subsidizing the EV business with truck profits and bring truck prices down.
To: ChicagoConservative27
I brought that up today with a neighbor.
This kind of investment in such a ‘transition’ is VERY expensive.
I TRULY DO NOT like that it is being forced on American car makers.
I do NOT like EV’s being forced on the public.
BUT-—a 46% RAISE & ONLY A 3 HOUR work week????
TOTAL Insanity
I worked at American Motors in the early 60’s.
They were selling so many cars that the plant in Kenosha, Wisconsin, was working 7 days a week-—with 10 hour shifts OVERLAPPING. THEY were HUMMING!!!!!
Both my Ex & I worked there-—he was in AXLE department-—I worked in Accounts Payable...only 5 days a week...but we were very busy.
OF COURSE-—wages were much lower then than now-—benefits were sparse——and a new car cost alot less.
BUT it was a very good job.
To: ridesthemiles
George Romney was the President of AM then.
HE came thru the plant & offices EVERY year——talked to EVERY SINGLE EMPLOYEE—shook your hand & THANKED YOU FOR WORKING THERE.
That was the ONLY place I have worked in 66 years that it happened.
MITTENS IS NOTHING LIKE HIS DAD.
To: ChicagoConservative27
The logic is “The government (taxpayers) needs to kick in. The government wants us to go green, so ‘the government’ should pay for it”.
AFAIK, there is still grant money from that green new deal out there for the grab.
14
posted on
09/14/2023 5:17:24 PM PDT
by
monkeyshine
(live and let live is dead)
To: ridesthemiles
I saw a documentary about American Motors.
Probably would have liked it there.
15
posted on
09/14/2023 5:18:26 PM PDT
by
wally_bert
(I cannot be sure for certain, but in my personal opinion I am certain that I am not sure..)
To: Chode
gahead, give them their 20%, and add on 20% to the price of the car, see how long average people can afford one...LOL. I am not defending unions but paying assembly line workers 20% more does NOT raise the sticker price 20%!!!
16
posted on
09/14/2023 5:21:32 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: ridesthemiles
The "American" car makers were already making more and more of their cars outside the U.S. IMHO the transition to EV's hastens that move by forcing the car makers to do conversions of their manufacturing processes and supply chains. Since that requires a lot of building up from scratch they might as well build them up where there's cheaper labor.
That being said I'm sure they'll try to make it look like the EV's are made here, at least as far as the red tape goes, so they can meet the requirements for most of the subsidies.
17
posted on
09/14/2023 5:22:27 PM PDT
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: Tell It Right
Since that requires a lot of building up from scratch they might as well build them up where there's cheaper labor.BS. Make it here. Labor is small part of auto production compared to everything else that goes into car.
18
posted on
09/14/2023 5:24:23 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: born2bfree
ford ceo: "..F-150, the best-selling vehicle in the U.S.."Without mentioning the gas powered f-150 is the main
driver of those sales.
To: central_va
it might not go up 20% all at once, but it does cost 20% more to build the same car
hell their insurance is more than the cost of the steel...
20
posted on
09/14/2023 5:30:34 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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