Trending: Ford Expects Labor Deal to Add $8.8 Billion in Costs
01 December 2023 - 7:18AM
Dow Jones News
14:48 ET -- Ford Motor is one of the most mentioned companies in
the U.S. across all news items in the last 12 hours, according to
Factiva data. The automaker expects a new labor deal will add $8.8
billion in costs over the roughly four-year contract. Ford expects
2023 adjusted earnings before interest and taxes of $10 billion to
$10.5 billion, including about $1.7 billion in strike-related lost
profits. Dow Jones & Co. owns Factiva.
(josh.beckerman@wsj.com)
(END) Dow Jones Newswires
November 30, 2023 15:03 ET (20:03 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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