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Ford CEO: 'We're very optimistic that we can reach an agreement with the UAW' | ABCNL 

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ABC News' Linsey Davis spoke with Ford President and CEO Jim Farley about the threat of a United Auto Workers union strike and the unveiling of the 2024 Ford F-150.
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#JimFarley #Ford #Ceo #UAWStrike #ABCNLPrime

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11 сен 2023

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Комментарии : 160   
@ericw1261
@ericw1261 10 месяцев назад
4:07 First time I've heard the news directly ask a high-earning CEO about his/her salary. Definitely impressed. He completely skirted the question, obviously, but at least it was asked.
@jordangaudio6729
@jordangaudio6729 10 месяцев назад
I was shocked and so was he... he went slightly red
@User.9.459
@User.9.459 10 месяцев назад
Lol he got nervous after that question too 😂
@jayhuff4072
@jayhuff4072 10 месяцев назад
I agree! She was on his neck
@klbansem
@klbansem 10 месяцев назад
And they always risk losing more money by reaching a strike then just reaching a deal with the Union/paying living wages. 🙄 good job to the union, the only thing left fighting for the little guys 💪👏
@Afroditeknows
@Afroditeknows 10 месяцев назад
It was the hard swallow for me. 😂😂😂
@d.t.v.n.
@d.t.v.n. 10 месяцев назад
Love how he curved the question about his salary lol. Get real dude
@andragatlin4849
@andragatlin4849 10 месяцев назад
A true politician 😂
@mattrodgers4878
@mattrodgers4878 10 месяцев назад
If things aren’t settle Friday morning, let’s see how much “value” top brass brings to the company when there is no one to run the machines. It’s the blue collars guys that build the product that keeps the lights on in the factories. The sooner top brass appreciates that the better things will be.
@tommas2674
@tommas2674 10 месяцев назад
it's Fellow citizens being able to buy the products.
@landonmabrey
@landonmabrey 10 месяцев назад
Union Strong! Hopefully Union victories will help set the standard for other industries and encourage the creation of more unions. We need to close to the wealth gap and bring back the middle class in USA. Livable wages, good health insurance, and time with family should be attainable for anyone working full time.
@wdsracer
@wdsracer 10 месяцев назад
In the end the uaw will settle for MUCH,MUCH less than Fain says. No new pension plan, no 46% raise, no 32 hour work week. Lump sums, big signing bonus will lure them in to ratify it.
@jordangaudio6729
@jordangaudio6729 10 месяцев назад
Lol he went red when she ask about to 281 wage gap... lmfao.
@greegearl1542
@greegearl1542 10 месяцев назад
$21 million/year = $1,750.000/ month = $420,000/ week = $10,500/ hour. Ford could hire 100 people to do his job @ $105/hour each.
@79glane928
@79glane928 10 месяцев назад
Thats just his salary. He gets bonuses and incredible benefits as well.
@tommas2674
@tommas2674 10 месяцев назад
I am so glad to see other Americans not being lemmings look that crap up. yes, heads and their buddies of failures, We the People over taxed dollars like banks have always been made to bail them out NOT THEM bail out themselves for their failures. but. I am NOT for our nazi corporate head serf wanting... But way NOT TO GO for FELLOW AMERICAN! PROTEST FOR ALL OUR INDUSTRIES AND MFG OF EVERYTHING in triplicate+ back FOR good jobs, quality, growth, Independence=Security=VOICE back in the world NOT begging and kowtowing for fuel to baby formula, pots n pans Miss American made, Economies of scale, coats to hats, shoes, socks..., Politicans that compete for Americans, not corporate heads to china to any other country and or any other countries citizens! or perversions to mutilations that actually take the partakers freedom as they take our / what's left of our freedoms, too. destroying minds, Bodies and spirits not freedom and working on OUR FOOD / RANCH FARMS WITH the same ole b.s.
@65Zim
@65Zim 10 месяцев назад
What’s being competitive in the market have to do with his ridiculous salary?
@JC-fd8ho
@JC-fd8ho 10 месяцев назад
he is the ceo of the company how much would u expect his salary to be
@penvon
@penvon 10 месяцев назад
@@JC-fd8hoHow much do you expect his workers to get paid?
@JC-fd8ho
@JC-fd8ho 10 месяцев назад
@@penvon well that depends on so many factors how much they work (work hours ) if it's 9 to 5 job I would say 100k or above
@Jayvone1000
@Jayvone1000 10 месяцев назад
We deserve better wages. Anybody at top pay from 2019-2023 lost about $55k over 4 years due to inflation.
@realtalk1709
@realtalk1709 10 месяцев назад
What about those that have no path to top pay🤷‍♂️
@Jayvone1000
@Jayvone1000 10 месяцев назад
@@realtalk1709 it took me 8 years to reach top pay. The union is asking for elimination of tiers.
@donaldpiper9763
@donaldpiper9763 10 месяцев назад
- As it should be . They should have never given so much back to the company. as they have done in the last twenty years .Things that we fought for over the decades dwindled away . I’am glad to see the Union Leadership finally getting some balls back and not selling us down the River contract after contract. I’ve been a dues paying member of U.A.W. Local 249 for 47 years and it’s by God refreshing to see some turn around. Yes the new hires should get in to the Union after 90 days and should be making standard base pay also , it’s about time to get back to togetherness inside the plant as well as outside of it !!! Union Strong people!!! United We Stand - Divided We Fall remember that !!!! 🇺🇸🤝🇺🇸 Remember all of us retirees that have sacrificed back in the 60’s ,70’sand 80’s we laid the foundation for you . It’s been sickening to watch what has happened to all of our hard won gains ,nows the time to regain ground and unit our membership and stop this company ran Divisionism amongst our membership !!!
@realtalk1709
@realtalk1709 10 месяцев назад
@@Jayvone1000 took me 8 yrs to get capped at 25
@javersowens2035
@javersowens2035 10 месяцев назад
401k is no substitute for a PENSION. Don't be fooled by a pay increase now, which will only translate to a small amount on your take home pay each week, trust me it won't change your lifestyle. But a PENSION in your later years when you are no longer working, DEFINITELY WILL!!
@79glane928
@79glane928 10 месяцев назад
A company funded IRA is an upgrade
@javersowens2035
@javersowens2035 10 месяцев назад
Having a pay increase is truly needed at this time, but a PENSION is way more important. You will need that PENSION check in your later years when you are no longer working.
@wongchai807
@wongchai807 10 месяцев назад
Forget the pension, they can take that away. Match the 401k 18-20%
@jvotv5128
@jvotv5128 10 месяцев назад
Can't use a pension if your dead from working 12 hours 7 days
@javersowens2035
@javersowens2035 10 месяцев назад
@@wongchai807 A pension is much more secure. Who do you know that was receiving pension payments after retirement and they were taken away. Also you can build your own 401k portfolio and make just as much. As far as matching you will be taxed as soon as you need to use it.
@javersowens2035
@javersowens2035 10 месяцев назад
@@jvotv5128 Do you work like that, I don't
@javersowens2035
@javersowens2035 10 месяцев назад
@@wongchai807 If it's not matched 100% it's nothing. But I can see you no nothing about that
@txbulldogboxing1462
@txbulldogboxing1462 10 месяцев назад
They waited to the very last day to say this. I for one hooe they strike. Shawn Fain said ot best. "Were not wrecking the economy,were wrecking THEIR ECONOMY💯
@michaelgeraghty953
@michaelgeraghty953 10 месяцев назад
What Farley is saying is, "Ford needs UAW plants to fund EVs" It's funny how important the UAW is when Farley has gone around the UAW to start up non-union EV plants. I've seen what Ford is trying to pay future automobile workers and Farley should be embarrassed.
@rhocke4590
@rhocke4590 10 месяцев назад
Ford made a huge mistake going all in on EVs. Estimated to lose $4.5 billion this year… and that was before having to pay their workers substantially more money.
@brandonb3262
@brandonb3262 10 месяцев назад
It’s a new business line for them. So of course the cost would be high for them to get a foot in the EV market. It took years for Tesla to become profitable, they might not be profitable now. So I assume that $4.5 billion is capex.
@dgriffith821
@dgriffith821 10 месяцев назад
How about you tell them how you gave yourself a 40% raise? 🤔
@itzyaboybugz
@itzyaboybugz 10 месяцев назад
Can’t wait for Thursday. And I work in auto sales. It’s been graveyard slow
@javersowens2035
@javersowens2035 10 месяцев назад
Let's talk PENSION!!
@gregmonhollen4327
@gregmonhollen4327 10 месяцев назад
Vehicle prices keep going up because the CEO is going to raise 46% ridiculous
@338lapuaLRS
@338lapuaLRS 10 месяцев назад
It will not raise prices, stop with the same ol bs talking points. No one batted an eye when Farley receives a 40% increase in pay, vehicle prices sky rocketed 30%. So it is not us that caused price in vehicles.
@mrsrx4584
@mrsrx4584 10 месяцев назад
Competitive with a 21 million dollar year a salary, guy has no clue what the real world of living is, strike and let these CEO wake up with a headache
@awilson1193
@awilson1193 10 месяцев назад
Anyone know what current pay per hr at ford with uaw workers are right now?
@poonpoonsmith399
@poonpoonsmith399 10 месяцев назад
Jim Farley should take a pay cut so Ford can be more "competitive."
@xAl3216
@xAl3216 10 месяцев назад
If we don’t stand now things will never change. It’s time we make the companies realize who actually does the work and allows them to have these big fat salaries that they do, the UAW workers make that happen and in return get the scraps every contract! From now on record profits = record contracts!!! No more!
@JRich-yz3he
@JRich-yz3he 10 месяцев назад
solidarity with UAW. Shawn Fain is AWSOME :)
@briansutter7696
@briansutter7696 10 месяцев назад
That CEO doesnt work harder then any UAW member but he had no problem giving himself a huge slice of the profit pie
@brandonb3262
@brandonb3262 10 месяцев назад
The automakers created this problem themselves. They left car prices too high for too long because they wanted to do share buy backs and give out huge bonuses. If they would have dropped their prices back down to pre pandemic levels, I bet the union wouldn’t be asking for so much.
@teefrmdad196
@teefrmdad196 10 месяцев назад
Do he have on a wig ?
@nestorhermosillo8915
@nestorhermosillo8915 10 месяцев назад
Of course theyre optimistic. The UAW is fighting for wages they should have had 20 years ago..
@brianhudson2688
@brianhudson2688 10 месяцев назад
Have to keep investing ? A 29 million dollar salary cutting that would most definitely help
@stevenspinazzola6759
@stevenspinazzola6759 10 месяцев назад
A better speech than Tommy Boy
@real8342
@real8342 10 месяцев назад
Wow..the people really have the power…
@turbinatearc7478
@turbinatearc7478 10 месяцев назад
I hope Ford could make it out of this, and reach an agreement with the UAW by tomorrow. Otherwise, GM and Stellantis will take longer.
@Zxxy
@Zxxy 10 месяцев назад
Do not demand more work or they will be able to renegotiate.
@dexter_gd3478
@dexter_gd3478 10 месяцев назад
This guy is full of it. They can afford. Stop worrying about the shareholders alone. All stakeholders need to be included. This guy need to take a huge pay cut
@85gbody97
@85gbody97 10 месяцев назад
Love how he speaks on 5 weeks vacation I got that but what good does it do after 21 years every day I apply for get denied here it is bout mid September and still have over half left cause they won’t let me have any of the days I’ve applied for off. A strike will not raise the prices of vehicles and if it does it’s them being greedy and seeing an opportunity to price gouge and that should be illegal. Biden wants to do something for the working class he should write an executive order saying at the onset of the strike and for the year raising vehicle prices would be illegal but he won’t cause just like media the democrats are bought an paid for by these large corporations and companies and the working class has been decimated. The vast majority of big 3 workers can’t even afford the vehicles that they help build. Individuals who deliver boxes get paid $49 an hour and some how that didn’t bankrupt that company but individuals that build 80 thousand plus dollar trucks an SUVs can’t dare make more then $32 and that’s if and when they are made permanent and that can take 10 years then 8 year grow in so a vast majority of these workers takes them 15 years or more before they make almost $20 less then those that deliver boxes,ya that’s not backwards. In todays money back in 1972 a big 3 worker was making $62 an hour but they don’t wanna bring those wages back to the 70% region cause it’ll bankrupt those white collar individuals that don’t add a drop of worth to these companies yet they receive 22 million in bonuses spend upwards of 50 billion in stock buy backs and dividends but dare spend some money on the people who make those profits and it’s all out were insane. In 09 COLA was suspended and told it’ll be returned once they was profitable yet here we are 14 years later and it’s still excuse after excuse upon why they can’t,less then 13% of Americans want EV’s yet they plan to listen to a bunch of tree hugging democrats that have lost their minds and way with working families and forcing companies to do this that’s also destroying another group of middle class jobs just like Biden did with pipeline workers. Only people that benefit from the switch to these is the wealthy.
@blackroyalbrand1287
@blackroyalbrand1287 10 месяцев назад
"Transition of the industry" = Electric Cars 2:30
@way2secsy
@way2secsy 10 месяцев назад
Omg, Tommy Boy!
@dianjohnson7390
@dianjohnson7390 10 месяцев назад
Y'all didn't go bankrupt, and WE carried you and got used🤬
@joedavis9559
@joedavis9559 10 месяцев назад
Let's go Chrysler
@Darkmage1000
@Darkmage1000 10 месяцев назад
He said nothing of value. Bet ai could replace him tomorrow for no salary
@AmericanAntiCorruptionAct
@AmericanAntiCorruptionAct 10 месяцев назад
Ford to Dems in 2022: $366,839 Ford to Reps in 2022: $348,729 Department of Energy to Ford in 2023: $9.2 billion
@javersowens2035
@javersowens2035 10 месяцев назад
How does endless money for the rest of your life sound?? PENSION!
@javersowens2035
@javersowens2035 10 месяцев назад
PENSION, PENSION, PENSION, PENSION! This is the payoff that you and your family will receive after you retire. Not 401k. It's endless money for you and your family in your later years when you are no longer working.
@IceCubebecd
@IceCubebecd 10 месяцев назад
The problem is the F150 only thing ford has right now
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
Mustang...Bronco...explorer
@Jayvone1000
@Jayvone1000 10 месяцев назад
Transit.
@rckyrick7425
@rckyrick7425 10 месяцев назад
F them let them go work at McDonald's
@michaelkrause7672
@michaelkrause7672 10 месяцев назад
Uaw is asking for the to much. Who do you think is going to cover those costs?? Consumers! UAW is going to price themselves out of a job when union vehicles cost to much more compared to non-union vehicles. They'll ship the manufacturing out and bye-bye UAW and the workers.
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
Hear the same thing every 4 years... It's not true
@Big_Ape55
@Big_Ape55 10 месяцев назад
Stfu it’s always the mfs looking from the outside in talking the most bullshit my ears have ever heard. Goof ball
@79glane928
@79glane928 10 месяцев назад
The cost of vehicles didnt go down when our wages did.
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
@@79glane928 and they don't charge less for the ones they build in Mexico either but those workers only make $3.50 an hour...... claiming that our wages is what's driving vehicle prices so high is such a reductive argument that completely disregards all of the other factors most of which are much more substantial in determining the vehicle's MSRP.... Labor costs are less than 10% and worker productivity is at a 40-year high
@bmwalek
@bmwalek 10 месяцев назад
Of course there’s no limitation To his salary. In his eyes, he’s underpaid!!!! When they brag about this being the most lucrative contract for the hourly force in 80 year’s, he failed to mention that the FoMoCo hourly worker were the ones who saved the company from filing bankruptcy when they gave THOUSANDS back to the company in 2007. GTFOH
@peterchen3295
@peterchen3295 10 месяцев назад
First we need to ask how much is the current wages for the union workers. Average American workers is at $15 per hour. How much are their hourly wages?
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
Average American worker makes more than that..... $15 an hour is poverty wages..... McDonald's pays $16 an hour
@79glane928
@79glane928 10 месяцев назад
A union worker isnt an average worker. I know how to machine parts which is skilled labor. You should be comparing us to other tradesman not some burger flippers.
@briansutter7696
@briansutter7696 10 месяцев назад
Unions need to spread all over the country, its time to get real wage increases. The F150 is the most overpriced pickup truck. They are price gouging the consumers. 80k for a box with 4 wheels, come on
@MM-pk4xw
@MM-pk4xw 10 месяцев назад
Liar.. End corporate greed 🥂🇺🇲
@DonReest
@DonReest 10 месяцев назад
😂 totally deflected and avoided the salary question. take less money Jim. grandpas rolling over in his grave at how you've treated your workers.
@gamaydragondreamssd1033
@gamaydragondreamssd1033 10 месяцев назад
Union 💪 no pension increase no vote.. I started the year my dad retired pensions haven’t raised since I have 25 years in… its time!!! We gave up on hand shake deals and shallow promises in O7 .. keep skirting questions.. raises, cola, pensions, tiers gone
@nicholasfrancis4011
@nicholasfrancis4011 10 месяцев назад
Mexico 🇲🇽
@ariesfire13
@ariesfire13 10 месяцев назад
*RU-vid just pulled down Tesla's channel. Elon Musk was live and introducing his new ev and...boom ..gone..no more Elon. They took his channel down. WOW! Chitz crazy
@user-um7xe2rw4h
@user-um7xe2rw4h 10 месяцев назад
FORD UAW IS WEAK HATES OLD UAW MEMBERS
@davidegeland2380
@davidegeland2380 10 месяцев назад
Lmao off you dont get that time off till you have 25 years in.
@sarahharrison7852
@sarahharrison7852 10 месяцев назад
Poor guy only makes a little over $10,500 an hour. Those people making $16.50 an hour are greedy.
@Dirkadew
@Dirkadew 10 месяцев назад
Those workers need to get their ass back in the factory. We don’t need vehicle prices getting any higher.
@andragatlin4849
@andragatlin4849 10 месяцев назад
We’ve been, yet company receives 40% raises & price of vehicle rises 30%🤫
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
It's not our responsibility to work so you can afford a vehicle...... We work so we can afford vehicles
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
We're not going to work for fast food wages so you can afford a car LOL
@Dirkadew
@Dirkadew 10 месяцев назад
@@RobertL.Peters that’s exactly why y’all work. If no one can afford vehicles then y’all have no jobs lol.
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
@@Dirkadew no... That's not why we work..... And if no one could afford the vehicles then no one would be buying them.... But they are...... And the big three are making record profits....... it's you that can't afford one
@javersowens2035
@javersowens2035 10 месяцев назад
The kids are grown, the lake house needs a new roof, the pontoon needs a new motor, I want to hang out in Miami during the winter months, that C8 Corvette sure looks nice. Hey guys, a PENSION can make all that happened relatively easy. It's endless money!!
@79glane928
@79glane928 10 месяцев назад
You think you can get all that on a pension?
@javersowens2035
@javersowens2035 10 месяцев назад
@@79glane928 yes you really can. If you start at a job like FORD at the age around 30, handle your business live a nice life, maybe a couple kids. Do some small investing like a two unit or so, now in your 30,s to mid 50,s you are all the while saving and paying off your property and raising your family. Get you some nice toys, along the way, a fixer up lake house, in your favorite location, slowly pay everything off. By the time you are 66 and ready to retire, your kids are grown and all of your toys are paid off. Now, that PENSION check along with your Social check with be more than enough for you to maintain a nice lifestyle like that, including travel. And if you are lucky enough to have a beautiful spouse it will be super easy.
@jimspence715
@jimspence715 10 месяцев назад
Watching these videos, don't look like any of these workers are starving or overworked.
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
Well, look closer because we are
@xavierandrade2774
@xavierandrade2774 10 месяцев назад
Man these people make more money than me and I study my ass off in engineering. They aren't greatful just having a job.
@Butterfly-cl6wb
@Butterfly-cl6wb 10 месяцев назад
Grateful.. engineer? Wow.. we're in trouble.
@landonmabrey
@landonmabrey 10 месяцев назад
Ford is hiring engineers. Entry level Ford engineers make significantly more than union workers.
@austinkunc6614
@austinkunc6614 10 месяцев назад
@@landonmabrey facts
@mattrodgers4878
@mattrodgers4878 10 месяцев назад
Hopefully your engineering abilities are greater than your spelling capabilities. I am GRATEFUL for my job.
@xavierandrade2774
@xavierandrade2774 10 месяцев назад
brother im from mexico and work in mexico i dont really speak or use englsih anywhere around except on youtube. no i didnt learn english in mexico so yeah no se que pedo con este wey @@mattrodgers4878 se pasa de americano por ecribi mal. lol si el hubiera sabido otro xd. tan pendejo esta lol
@joesmith6972
@joesmith6972 10 месяцев назад
I've never seen so many overweight workers demanding more pay for their "hard" jobs.
@landonmabrey
@landonmabrey 10 месяцев назад
Do you have personal experience working in auto manufacturing?
@roypitts457
@roypitts457 10 месяцев назад
You kinda seem like the fake body building youtube star wannabes
@landonmabrey
@landonmabrey 10 месяцев назад
@@roypitts457 That’s not me at all but I think your comment was meant to be hurtful. The internet is such a bummer.
@beckyfarr1473
@beckyfarr1473 10 месяцев назад
@joesmith6972 you obviously have never worked in an Automotive plant, it's not "easy" work by far!
@angelrogers3880
@angelrogers3880 10 месяцев назад
Lol
@oldwillie313
@oldwillie313 10 месяцев назад
The American dream includes working hard! The lazy auto workers do nothing. They have no skills other than extortion. Where else could these people get jobs that pay that much? Answer nowhere!
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
We are paid for our time and our labor..... And we labor........ And we are skilled at our jobs which require training..... Nice try though
@RobertL.Peters
@RobertL.Peters 10 месяцев назад
And where else could we get jobs that pay that much? Lots of places..... Postal Service, UPS, John Deere, the railroad...... lots of places are paying a lot more than we get paid..... You're probably over 60 and still think it's the 1990s
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