Ford and the UAW have reached a tentative deal at the Kansas City, MO, factory to keep production of the F-150 going there. Without the agreement, a strike would have started October 4.
Ford Kansas City Assembly Plant
Ford's Kansas City Assembly Plant, which builds the F-150, is threatening to strike in the coming days if the UAW workers there don't get a new agreement with the Blue Oval soon.
Ford is making a big bet on aluminum with its new 2015 F-150, and it's possible that the decision will hurt the company financially, at least in the short term. After earning a record $8.6 billion in 2013, the Blue Oval does not expect to set another record in 2014. According to Automotive News, that's "largely attributable to F Series," says Bob Shanks, Ford's Chief Financial Officer.