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  2. Employee pricing - Wikipedia

    en.wikipedia.org/wiki/Employee_pricing

    Employee pricing is a selling strategy launched in 2005 by the auto industry to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some local

  3. Ford UAW employees get bigger profit-sharing checks for 2023 ...

    www.aol.com/ford-uaw-employees-bigger-profit...

    As a result of Ford Motor Co.'s 2023 profits in the U.S., about 58,000 U.S. hourly workers will receive a profit-sharing checks averaging $10,416, Ford Chief Financial Officer John Lawler said ...

  4. Ford strikers, laid off UAW members get extra money in ... - AOL

    www.aol.com/ford-striking-laid-off-uaw-174541534...

    UAW official and Ford employee Marcel Edwards picks up UAW On Strike signs as he walks across Michigan Avenue to watch live announcement at Local 900 across from Ford's Michigan Assembly Plant in ...

  5. Why the United Auto Workers want big raises - AOL

    www.aol.com/news/why-united-auto-workers-want...

    That ratio is 362-to-1 at GM and 281-to-1 at Ford, putting all three automakers above the average S&P 500 company’s ratio of 272-to-1, according to the AFL-CIO, a major coalition of unions.

  6. 2008–2010 automotive industry crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2010_automotive...

    Rebates, employee pricing, and 0% financing boosted sales but drained the automaker's cash reserves. The subprime mortgage crisis and high oil prices of 2008 caused the popularity of once best-selling trucks and SUVs to plummet. Automakers were forced to continue offering heavy incentives to help clear excess inventory. [91]

  7. Ford Motor Company - Wikipedia

    en.wikipedia.org/wiki/Ford_Motor_Company

    Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.

  8. Michigan Assembly Plant - Wikipedia

    en.wikipedia.org/wiki/Michigan_Assembly_Plant

    Michigan Assembly Plant, formerly known as Michigan Truck Plant, is a Ford Motor Company assembly plant in Wayne, Michigan.The plant employs approximately 2,800 hourly employees and 200 salary employees (May 2020), [1] comprises three main buildings with 5,000,000 sq ft (460,000 m 2) of factory floor space and is located adjacent to Wayne Stamping & Assembly.

  9. Ford tells employees the score on how higher rates hit lump ...

    www.aol.com/news/ford-tells-employees-score...

    Most don't realize that higher interest rates influence the size of lump sum pension payouts and could drive some to retire this year instead of next.

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