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View Full Version : Ford will take $600M hit in 4th quarter in wake of UAW deal



Ford_News
12-01-2015, 06:21 PM
Filed under: Earnings/Financials (http://www.autoblog.com/category/earnings-financials/), Plants/Manufacturing (http://www.autoblog.com/category/plants-manufacturing/), UAW/Unions (http://www.autoblog.com/category/uaw-unions/), Ford (http://www.autoblog.com/ford/)
http://o.aolcdn.com/dims-shared/dims3/GLOB/crop/3000x1688+0+154/resize/800x450!/format/jpg/quality/85/http%3A%2F%2Fhss-prod.hss.aol.com%2Fhss%2Fstorage%2Fmidas%2F2874dad 04d46af37712a6e24fe74f700%2F203058125%2F135788278. jpgFord will take a one-time expense of $600 million in the fourth quarter to pay for the upfront costs of its new UAW contract. However, the deal offers the automaker some advantages over the next four years.Continue reading Ford will take $600M hit in 4th quarter in wake of UAW deal (http://www.autoblog.com/2015/12/01/ford-uaw-deal-financials/)
Ford will take $600M hit in 4th quarter in wake of UAW deal (http://www.autoblog.com/2015/12/01/ford-uaw-deal-financials/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 01 Dec 2015 15:45:00 EST. Please see our terms for use of feeds (http://www.mnfords.com/rss-term-of-use/).
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