Word: motors
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Dates: during 1940-1949
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...hope the decision promotes discussion." This was a classic understatement of what the decision would promote. Mr. Justice Ivan Cleveland Rand of Canada's Supreme Court had just announced a revolutionary arbitration award in the labor dispute at Windsor's sprawling Ford Motor Co. of Canada plant...
Late one night last week, Richard Leonard, the soft-voiced, even-tempered Ford director of the U.A.W.-C.I.O., did something he seldom does. He picked up his telephone and called John S. Bugas, the soft-voiced, even-tempered boss of industrial relations at the Ford Motor...
...Corp., not wanting Ford to get a competitive jump, signed up with the union too. But the Ford contract was still the big news. Beyond the pay agreement, it had another important provision: the turbulent U.A.W. had agreed to make its unruly members toe the line. What the Ford Motor Co. had won, the others would soon want and probably get. But the troubles of Ford were still far from over...
...Stakes. The Ford Motor Co. was already paying the highest wages in the industry ($1.21 an hour). Now President...
What Ford lost, General Motors and Chrysler, sharp-eared to customer demand, gained. Ford profits, which had in 1929 run upwards of $80,000,000, shrank with the market. Secretive Ford Motor Co. gives out no earnings statement. But the balance sheet it files with the Massachusetts Commissioner of Corporations gives a reasonable estimate of the financial scene...