Ford has made a new contract offer as it navigates the UAW strike, which has now lasted over 19 days, and has impacted production across multiple facilities, according to the report. In total, the companies have furloughed and laid off over 2,000 employees across the country.
Anderson Economic Group on Monday estimated total losses from the first two weeks of the strike at $3.9 billion, including $325 million in wages, $1.12 billion in losses for the Detroit Three, $1.29 billion for suppliers and $1.2 billion for dealer and customer losses, Reuters said.
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