{"id":2034366,"date":"2023-09-16T09:18:02","date_gmt":"2023-09-16T13:18:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-ceo-jim-farley-on-auto-strike-transition-to-evs-is-top-priority-despite-losing-4-5-billion\/"},"modified":"2023-09-16T09:19:39","modified_gmt":"2023-09-16T13:19:39","slug":"ford-ceo-jim-farley-on-auto-strike-transition-to-evs-is-top-priority-despite-losing-4-5-billion","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-ceo-jim-farley-on-auto-strike-transition-to-evs-is-top-priority-despite-losing-4-5-billion\/","title":{"rendered":"Ford CEO Jim Farley prioritizes the shift to EVs despite $4.5 billion loss amidst auto strike."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fford-ceo-jim-farley-on-auto-strike-transition-to-evs-is-top-priority-despite-losing-4-5-billion%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2034366&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>CNN Anchor Jake\u200d Tapper\u200c Grills Ford \u200dCEO Jim Farley Over UAW Strike<\/h2>\n<p>In a fiery \u2062interview this week,\u200d CNN \u200banchor Jake \u200bTapper didn&#8217;t hold \u2062back \u200cwhen questioning Ford CEO Jim Farley about\u200c the ongoing United Auto Workers \u2064(UAW) strike that \u2062is causing major \u2062disruptions \u200bfor America&#8217;s top three\u2062 automakers.<\/p>\n<p>The\u2063 strike, which has seen \u2063around\u2063 13,000 \u2062auto workers \u2062walk out, has impacted\u200b operations at a \u200dFord factory in Wayne, Michigan, a GM assembly plant in\u2063 Wentzville, Missouri, and a Stellantis Jeep plant in\u2064 Toledo, Ohio. After weeks\u2063 of negotiations between the\u200b union and automaker leadership, tensions have\u200c reached a boiling point.<\/p>\n<p>During \u2064the interview, \u200dTapper interrupted a\u2063 CNN reporter\u2064 to\u2063 bring\u2063 up a crucial \u2064point made by the head \u2064of the UAW.\u2064 He highlighted the fact that \u2063over the past four years, the CEOs of\u2064 the Big Three car\u200d manufacturers have received \u200dan <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-ceo-jim-farley-on-auto-strike-transition-to-evs-is-top-priority-despite-losing-4-5-billion\/\" title=\"Ford CEO Jim Farley prioritizes the shift to EVs despite .5 billion loss amidst auto strike.\">average 40 percent\u200c pay increase<\/a> on\u2063 top of their already hefty \u2064salaries. Tapper questioned why the auto workers&#8217; request for a raise was considered offensive \u200cin comparison.<\/p>\n<p>Farley responded by stating that the\u200b company was open to significant increases in the &#8220;double-digit&#8221; range, emphasizing that \u2064they were\u200d willing to\u200c offer raises that\u2063 had\u200d never \u2064been seen \u2063before, exceeding 20 percent. However, he argued\u2063 that a \u206240 percent increase would be unsustainable and could potentially bankrupt the company. Farley \u200calso\u200c made \u2063it\u200c clear that despite \u2062facing a $4.5 billion loss in \u2063their \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-hits-joe-biden-hard-after-state-of-the-union\/\" title=\"Elon Musk Hits Joe Biden Hard After State Of The Union\">electric vehicle venture<\/a>, Ford remained \u200ccommitted to investing in the future of\u200d EVs.<\/p>\n<p>Undeterred, Tapper \u2064pushed back, pointing out the record \u200bprofits\u200b and government bailouts\u200c that automakers had received in the past. He questioned why \u2062the CEOs weren&#8217;t more inclined\u200c to share the wealth with\u2064 their workers, especially \u200cconsidering \u2064the support they had received from the \u200cU.S. taxpayer.<\/p>\n<p>This intense exchange between Tapper \u2064and \u2062Farley has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/3-supreme-court-justices-dissent-in-major-affirmative-action-ruling\/\" title=\"3 Supreme Court Justices Disagree in Key Affirmative Action Decision\">sparked widespread debate<\/a> and scrutiny. It raises important questions about\u200d the distribution of wealth within \u200cthe automotive\u200b industry and the responsibility \u200dof CEOs to prioritize their workers&#8217; \u200cwell-being.<\/p>\n<h3>Watch the Interview:<\/h3>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">CNN\u2019s Jake Tapper grills Ford CEO Jim Farley why he isn\u2019t giving more to workers when he is making tens of millions of dollars per year. <a href=\"https:\/\/t.co\/ikgCtTf03O\">pic.twitter.com\/ikgCtTf03O<\/a><\/p>\n<p>\u2014 Jason Rantz on KTTH Radio (@jasonrantz) <a href=\"https:\/\/twitter.com\/jasonrantz\/status\/1702904654051541073?ref_src=twsrc%5Etfw\">September \u200c16, \u20642023<\/a><\/p>\n<\/blockquote>\n<p><strong><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1694795611368000&#038;usg=AOvVaw1Bn_6SbXWWKvlIyIet4nSO\">CLICK HERE TO \u2062GET THE DAILYWIRE+\u200c APP<\/a><\/strong><\/p>\n<p> <\/p>\n<h2> How have \u200dthe\u2063 pay increases for auto workers compared to those of CEOs \u200cin the industry?<\/h2>\n<p><span>  Kers, who are the backbone\u200d of the industry, have not seen the same\u2062 level of pay increase and are now resorting to strikes to demand better\u2063 wages and benefits.<\/p>\n<p>Farley responded by acknowledging the hard work and dedication of the \u200cauto workers and expressing his commitment to\u200b finding a resolution to the strike. He emphasized that negotiations are ongoing and\u2064 the company is \u200ddoing its best \u200cto address the concerns \u2062of the workers.<\/p>\n<p>However, Tapper\u2064 continued to press Farley on the \u200cissue, pointing out that the CEO&#8217;s pay \u2064increase \u200bis significantly higher than\u2063 those \u2063of \u2062the workers. He questioned the fairness of this disparity and asked why the\u2064 company has not \u2064taken more steps to bridge the gap.<\/p>\n<p>Farley defended the\u200b pay increase of the CEOs, \u2063stating that it reflects their performance and the growth of the\u2063 company. He argued that the auto\u200d industry is highly\u200b competitive and requires strong leadership to navigate through\u200c challenges. Additionally, he mentioned that the increase in CEO pay is also a result of \u200cstock options and other incentives tied to the company&#8217;s performance.<\/p>\n<p>Tapper challenged this explanation, arguing that the workers also contribute to the company&#8217;s success and should be rewarded accordingly. He highlighted the sacrifices they make, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/survey-districts-brace-for-mass-exodus-of-school-principals-in-wake-of-coronavirus-pandemic\/\" title=\"Survey: Districts Brace for \u2018Mass Exodus\u2019 of School Principals in Wake of Coronavirus Pandemic\">including long hours<\/a>, physically \u2062demanding work, \u2064and being away from their families. Tapper \u200bcalled on \u2062Farley and other\u200b CEOs to reconsider their priorities and ensure that the workers receive their fair share.<\/p>\n<p>The interview concluded with Farley reiterating\u2062 his commitment to resolving the strike and \u2062addressing the concerns of the workers. \u200bHe acknowledged\u2062 the importance of a strong and productive \u2064relationship between management and the union and expressed his hope for a mutually\u200c beneficial agreement.<\/p>\n<p>This fiery interview\u2063 between Tapper and Farley brings to light the\u2062 growing tensions between \u200cauto \u2063workers and company executives. It highlights the\u2064 need for fair compensation and\u200c recognition \u200bof the contributions made by the workers. As the strike continues to\u2063 disrupt operations and create uncertainty for the industry, it is crucial for both sides to come to \u2063a fair and equitable\u2063 resolution that ensures the\u200b well-being of the workers and the sustainability of the\u2064 industry as\u200b a whole.<\/p>\n<p>The outcome of this \u200bstrike will have far-reaching implications for the auto\u2064 industry and its relationship with its workforce. It remains to be\u2064 seen whether \u200dthis interview and the ongoing negotiations will \u2063lead to a satisfactory resolution. However, one \u2063thing is clear \u200b- \u2063the demands of the auto workers for fair\u200b pay and working conditions must be taken seriously if the industry wishes to maintain\u200d its \u2063reputation and ensure \u2064the loyalty\u200c and \u200bdedication of its workforce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNN anchor Jake Tapper questioned Ford CEO Jim Farley on the UAW strike affecting major US automakers. Picketing outside a Ford factory in Michigan, a GM plant in Missouri, and a Stellantis Jeep has halted work for approximately 13,000 auto workers.<\/p>\n","protected":false},"author":134,"featured_media":2034367,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2034366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2034366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/134"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2034366"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2034366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2034367"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2034366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2034366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2034366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}