{"id":134793,"date":"2023-09-16T17:39:10","date_gmt":"2023-09-16T17:39:10","guid":{"rendered":"https:\/\/allmybiznews.com\/?p=134793"},"modified":"2023-09-16T17:39:10","modified_gmt":"2023-09-16T17:39:10","slug":"ford-profits-soar-as-uaw-strikes-for-better-pay","status":"publish","type":"post","link":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/","title":{"rendered":"Ford Profits Soar as UAW Strikes for Better Pay"},"content":{"rendered":"<p>The UAW has gone on strike because they want better pay since their employers are highly profitable. While not true by the numbers, it seems that way in absolute dollars. Ford made $1.9 billion in Q2 2022, versus $667 million the prior year. Total revenue also rose 12% to $45 billion.<\/p>\n<p>Ford may dispute the union&#8217;s profit characterization. If so, Ford is missing the point.<\/p>\n<p>Ford faces the same dilemma as GM and Stellantis. Its executives are well-paid, and the company is very profitable. Bill Ford and Jim Farley made $38 million combined last year. They argue much is in stock options, but they remain among America&#8217;s highest paid public CEOs.<\/p>\n<p>Especially concerning for Ford, management made several big mistakes last year. Farley missed Q3 2022 expense expectations by $1 billion due to miscalculated costs. The stock plunged more than it had in 11 years the next day.<\/p>\n<p>Ford also raised F-150 Lightning prices repeatedly, purportedly due to unexpected component costs. That should not happen at one of the world&#8217;s largest automakers. (Read about owning a Ford F-150: the good, the bad, and the ugly.)<\/p>\n<p>Ford&#8217;s stock began 2022 around $25 and ended the year just above $12. Who wouldn&#8217;t want that kind of pay for similar performance?<\/p>\n<p><b>Sponsored: Tips for Investing<\/b><\/p>\n<p>A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn&#8217;t have to be hard. SmartAsset&#8217;s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you&#8217;re ready to find an advisor who can help you achieve your financial goals, get started now.<\/p>\n<p>Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you&#8217;re an investor looking to minimize expenses,\tconsider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.<\/p>\n<p>Source: <a href=\"https:\/\/247wallst.com\/autos\/2023\/09\/16\/ford-profits-soar-as-uaw-strikes-for-better-pay\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UAW has gone on strike because they want better pay since their employers are highly profitable. While not true by the numbers, it seems that way in absolute dollars. Ford made $1.9 billion in Q2 2022, versus $667 million the prior year. Total revenue also rose 12% to $45 billion. Ford may dispute the union&#8217;s profit characterization. If so, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":134792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ford Profits Soar as UAW Strikes for Better Pay - All My Biz News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ford Profits Soar as UAW Strikes for Better Pay - All My Biz News\" \/>\n<meta property=\"og:description\" content=\"The UAW has gone on strike because they want better pay since their employers are highly profitable. While not true by the numbers, it seems that way in absolute dollars. Ford made $1.9 billion in Q2 2022, versus $667 million the prior year. Total revenue also rose 12% to $45 billion. Ford may dispute the union&#8217;s profit characterization. If so, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/\" \/>\n<meta property=\"og:site_name\" content=\"All My Biz News\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-16T17:39:10+00:00\" \/>\n<meta name=\"author\" content=\"Gerald\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/allmybiznews.com\/wp-content\/uploads\/2023\/09\/Ford-Profits-Soar-as-UAW-Strikes-for-Better-Pay.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gerald\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/\",\"url\":\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/\",\"name\":\"Ford Profits Soar as UAW Strikes for Better Pay - All My Biz News\",\"isPartOf\":{\"@id\":\"https:\/\/allmybiznews.com\/#website\"},\"datePublished\":\"2023-09-16T17:39:10+00:00\",\"dateModified\":\"2023-09-16T17:39:10+00:00\",\"author\":{\"@id\":\"https:\/\/allmybiznews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/allmybiznews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/allmybiznews.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Ford Profits Soar as UAW Strikes for Better Pay\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/allmybiznews.com\/#website\",\"url\":\"https:\/\/allmybiznews.com\/\",\"name\":\"All My Biz News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/allmybiznews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/allmybiznews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Gerald\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/allmybiznews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8413cf729b4ce0c16b52c99cb08c7b34?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8413cf729b4ce0c16b52c99cb08c7b34?s=96&d=mm&r=g\",\"caption\":\"Gerald\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ford Profits Soar as UAW Strikes for Better Pay - All My Biz News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/","og_locale":"en_US","og_type":"article","og_title":"Ford Profits Soar as UAW Strikes for Better Pay - All My Biz News","og_description":"The UAW has gone on strike because they want better pay since their employers are highly profitable. While not true by the numbers, it seems that way in absolute dollars. Ford made $1.9 billion in Q2 2022, versus $667 million the prior year. Total revenue also rose 12% to $45 billion. Ford may dispute the union&#8217;s profit characterization. If so, [&hellip;]","og_url":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/","og_site_name":"All My Biz News","article_published_time":"2023-09-16T17:39:10+00:00","author":"Gerald","twitter_card":"summary_large_image","twitter_image":"https:\/\/allmybiznews.com\/wp-content\/uploads\/2023\/09\/Ford-Profits-Soar-as-UAW-Strikes-for-Better-Pay.jpg","twitter_misc":{"Written by":"Gerald","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/","url":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/","name":"Ford Profits Soar as UAW Strikes for Better Pay - All My Biz News","isPartOf":{"@id":"https:\/\/allmybiznews.com\/#website"},"datePublished":"2023-09-16T17:39:10+00:00","dateModified":"2023-09-16T17:39:10+00:00","author":{"@id":"https:\/\/allmybiznews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/allmybiznews.com\/business\/ford-profits-soar-as-uaw-strikes-for-better-pay\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/allmybiznews.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/allmybiznews.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Ford Profits Soar as UAW Strikes for Better Pay"}]},{"@type":"WebSite","@id":"https:\/\/allmybiznews.com\/#website","url":"https:\/\/allmybiznews.com\/","name":"All My Biz News","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/allmybiznews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/allmybiznews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Gerald","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/allmybiznews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8413cf729b4ce0c16b52c99cb08c7b34?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8413cf729b4ce0c16b52c99cb08c7b34?s=96&d=mm&r=g","caption":"Gerald"}}]}},"_links":{"self":[{"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/posts\/134793"}],"collection":[{"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/comments?post=134793"}],"version-history":[{"count":0,"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/posts\/134793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/media\/134792"}],"wp:attachment":[{"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/media?parent=134793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/categories?post=134793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allmybiznews.com\/wp-json\/wp\/v2\/tags?post=134793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}