Ford Motor is discontinuing a “controversial” dealership initiative for electric vehicles, which at first required store owners to invest up to $1 million in cash in order to sell EVs.
Ford said it is laying off another 150 workers in Michigan because of the ongoing United Auto Workers strike.
Tesla joined General Motors and Ford in being cautious about expanding electric vehicle production capacity.
UAW President Shawn Fain said Friday that the union will not expand its strike against the Detroit Three automakers at the moment.
The UAW snap strike on Wednesday at Ford’s largest and most profitable factory.
Union workers at Mack Trucks went on strike Monday morning after overwhelmingly rejecting a proposed five-year contract deal.
Negotiators for the UAW and Ford have narrowed their differences on pay increases after a new offer from the automaker amid “really active” talks.