UAW Demands 46% Pay HikeThey jacked up prices due to supply and demand which will swing back the other way at some point. If you increase fixed costs and then have to lower prices you're in deep shit.
It's not as simple as Ford made $10B last year they can get by with $5B. They've been around 4%-6% margin until recently when it went to 8% but that was due partially to price increases. Once you get down to 3%-4% investors become wary, stock prices fall, credit gets more expensive and you're one price war or economic downturn away from bankruptcy.Thu, 05 Oct 2023 14:30:14 +0000
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