Ford Slows Production -- Barron's Weighs In -- October 15, 2023

Locator: 45789UAW.

See this note from earlier.

UAW strike in its fourth week.

• it appears to be a race to see who can idle the most workers the fastest: management (layoffs); union (strike).

Now, this, today, from Barron's:  

From the linked article:

Figuring out what’s going on at Ford Motor or the other Detroit-Three auto makers isn’t easy.

Everything needs to be filtered through labor negotiations, a slowing economy, supply-chain issues, and the electric vehicle transition.

Take Ford’s decision to slow production of its all-electric F-150 Lightning pickup trucks. The Wall Street Journal reported Saturday that Ford was canceling a shift at its Rouge assembly complex in Dearborn, Michigan, citing a memo from the United Auto Workers.

UAW officials blamed falling sales. The Union didn’t respond to a request for comment about the memo.

Canceling an entire shift due to weak demand might be an overstatement. “We are adjusting the schedule at the Rouge Electric Vehicle Center because of multiple constraints, including the supply chain and working through processing and delivering vehicles held for quality checks after restarting production in August,” Ford said in an emailed statement.

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The Sports Page

Holy mackerel!

NFL.

The New York Jets (2-3) beat the Philadelphia Eagles (5 - 0)!

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The Sports Page

Holy mackerel!

NFL.

The Cleveland Browns (2-2) beat the San Francisco 49ers (5 - 0) by two points!

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The Sports Page

A bit of trivia.

NBA.

Charlotte Hornets.

Michael Jordan. Sold the franchise earlier this year.