Ford Motor on Thursday pegged the cost of a new labor deal at $8.8 billion and joined rival General Motors in cutting its full-year profit forecast due to lost production from a lengthy strike at its U.S. plants.
They also both complain that EV’s are working for them, and then do a share buy back instead of sticking that 10 billion dollars into building better EV’s. These giants are going to head for bankruptcy in the end because they are too busy appeasing shareholders and not innovating and becoming leaders.
They also both complain that EV’s are working for them, and then do a share buy back instead of sticking that 10 billion dollars into building better EV’s. These giants are going to head for bankruptcy in the end because they are too busy appeasing shareholders and not innovating and becoming leaders.