Ford suspends construction of its Marshall plant in Michigan because of UAW and the inflation reduction bill

CTOnews.com September 30 news, according to foreign media CNBC reports, Ford CEO Jim Farley (Jim Farley) accused the United Auto Workers (UAW) in the company's upcoming electric vehicle battery plant as a "hostage" contract negotiations. The UAW strike, which is now in its third week, has expanded to more factories today, including those operated by Ford.

CTOnews.com noted that Ford had previously announced plans for four future battery plants, including three joint ventures and a wholly owned subsidiary, using battery technology licensed by the Ningde era.

But just this week, Ford suspended one of its factories, the $3.5 billion electric car battery plant in Michigan, citing labor costs and potential incentives from the 2022 inflation reduction Act (IRA). Mr Farley said UAW was trying to use the battery factory as a bargaining chip with Ford-which he said made no sense in the context of the current contract.

"remember, these battery plants don't exist yet," Farley said. most of them are joint ventures. They have not been organized by the UAW because workers have not yet been hired and will not be hired for many years to come. " He also defended the company's previous proposals, including an hourly wage increase of more than 20%, restoration of cost-of-living adjustments, job protection and other benefits.