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Ford pays dearly for labor peace with the UAW

Ford pays dearly for labor peace with the UAW


Updated October 26, 2023 at 6:48 p.m. ET

President Biden praised what he called the “historic tentative agreement” that the United Auto Workers and Ford reached Wednesday night as a testament to collective bargaining. Maybe, but the real test will be whether Ford can remain competitive, especially amid the government-mandated transition to electric vehicles.

UAW President Shawn FainThe strategy of organizing strikes in certain factories operated by the three Detroit automakers appears to be bearing fruit. The union was threatening to lay off workers at a factory that makes Ford’s highly profitable F-150 pickup when the automaker agreed to a generous deal ending a nearly six-week strike.

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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