Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract

Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract

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NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and negotiations with the United Auto Workers union. The guidance calls for $10 billion to $10.5 billion in adjusted earnings before interest and taxes, or EBIT, and…

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