Ford executives said Thursday that they’re not prepared to offer more economic value to the United Auto Workers union in contract talks.
About four weeks into the strike, the UAW on Wednesday shut down another Ford facility — this time the company’s sprawling Kentucky truck factory, which reaps more revenue than Southwest Airlines.
“On the economics, I would say, yes, we have reached our limit,” Kumar Galhotra, president of the Ford Blue division, said Thursday afternoon on a conference call. “We’ve actually stretched ourselves to get to this point.”