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DETROIT -- A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year, the automaker said Thursday.
US auto giant Ford has cut planned investments towards electric-vehicle production after the company’s electric-car division posted a significant financial loss last quarter – and was approximately $US36,000 ($AU57,000) in the red for every battery-powered vehicle it produced.
A rare road-going version of the original iconic Ford GT40 sports car has been listed for sale in the UK – and it could sell for millions of dollars, based on recent sales of the model.
The Ford truck plant in Louisville, Kentucky is one of its most important. Ford builds Super Duty pickups, the Expedition, and even the Lincoln Navigator SUVs there, which makes it one of its most profitable and valuable plants. Last night, the UAW launched a surprise tactic by ordering a strike, effectively shutting down the plant and sending 8,700 workers home.
An interesting report has emerged this week, indicating that there is a relatively high number of new all-electric Ford F-150 Lightning pickup trucks available for purchase right away from dealers in the United States.