President Biden’s support for autoworkers helped them make big wage gains, and labor organizers are looking to bring about similar gains elsewhere as carmakers transition to electric vehicles.
Car manufacturers must now raise labor costs as they confront slower-than-expected demand for electric vehicles.
A tentative agreement gives the United Automobile Workers union members at the carmaker their best terms in decades. But the cost to Ford will be manageable, industry experts said.
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
The three U.S. automakers say they are already at a disadvantage to nonunion rivals while labor leaders hope that big gains in negotiations will inspire workers in Southern states to unionize.
The carmaker made less money in the third quarter as it cut car prices to attract buyers amid stronger competition.
The executive chairman of Ford Motor counsels patience as his company negotiates with the United Automobile Workers union, which has shut three of his company’s plants.
Mr. Ford, the executive chairman of Ford Motor, said nonunion automakers would make gains against Michigan automakers because of strikes by the United Automobile Workers union.
The prices of used battery-powered models have fallen sharply, as the supply of cars and trucks has improved.
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.