Detroit automakers agree to UAW request to shutter U.S. plants [Reuters]
Ford Motor Company (F)
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Source: Reuters
Detroit automakers agree to UAW request to shutter U.S. plants: source DETROIT (Reuters) - The Detroit Three automakers have agreed to shut down their U.S. plants to stop the spread of coronavirus, bowing to pressure from the union representing about 150,000 hourly workers at those facilities, a person familiar with the matter said on Wednesday. Ford Motor Co ( F.N ) confirmed the news, saying it would close its North American plants after Thursday evening’s shifts through March 30 to thoroughly clean the factories in the United States, Canada and Mexico. Details of the shutdowns by General Motors Co ( GM.N ) and Fiat Chrysler Automobiles NV (FCA) ( FCHA.MI ) ( FCAU.N ) will be announced later on Wednesday, said the person on condition of anonymity. GM and FCA could not immediately be reached to comment. The United Auto Workers asked the automakers to reconsider their position on Wednesday, a day after the parties agreed to slow production at U.S. plants and limit the number o
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F
Earnings
- 10/28/24 - Miss
F
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- F's page on the SEC website