Bill Ford, Executive Chairman of Ford Motor Co., urged autoworkers to resolve a monthlong strike, emphasizing the potential harm to the company’s ability to invest in new vehicles and factories. High labor costs are seen as a limitation on future spending. Ford highlighted the company’s high labor expenses due to its large workforce and increased competition. The strike, which began on September 15, is impacting production and parts suppliers, potentially causing a fragile parts supply base to collapse. As the strike continues, it could have a significant impact on the American economy. The strike relates to labor disputes, compensation, and investment in the future.
Bill Ford Calls for Resolution in Monthlong Strike, Citing Future Investment Concerns
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