Ford CEO Jim Farley On Auto Strike: ‘Transition To EVs’ Is Top Priority Despite Losing $4.5 Billion

CNN anchor Jake Tapper grilled Ford CEO Jim Farley during an interview this week about the United Auto Workers (UAW) strike that is impacting America’s big three automakers.

Around 13,000 auto workers stopped working as picketing began outside a Ford factory in Wayne, Michigan; a GM assembly plant in Wentzville, Missouri; and a Stellantis Jeep plant in Toledo, Ohio. The strike comes after weeks of negotiations between the union and leadership at the automakers.

A CNN reporter was interviewing Farley when Tapper interrupted her and to point out what the head of the UAW was saying.

“I just wanted to pass on a question based on something he told me the other day which is that over the last four years, each of the Big Three car manufacturers’ CEOs, in addition to their multimillion dollar salaries, they received on average of 40 percent pay increase,” Tapper said. “So why are the auto workers wanting a raise beyond what’s been asked, why is that so offensive compared to the 40 percent raises they have given themselves?”

Farley said that the company was “really open to huge increases” in the “double digit” range, “increases we have never seen before, 20-plus percent.”

Farley said that going to 40 percent would put the company out of business and that he refused to cut the company’s push for electric vehicles, despite losing $4.5 billion in the endeavor.

CLICK HERE TO GET THE DAILYWIRE+ APP

“There’s a fine line here that we won’t go past, which is we want everyone to participate in our success. But if it prevents us from investing in this transition to EVs and in future products like the ones we have now, like new F-150, bestselling vehicle in the world — in the U.S., then everyone’s job is at risk if we don’t invest,” he said.

Tapper pushed back, “It’s just there have been record auto profits, bailouts by the U.S. government. These huge raises that these CEOs are giving themselves, and I just wonder, why there isn’t more of a desire of the CEOs to have the workers share in the profits that are coming in to these automakers who just need we remind him were bailed outside by the U.S. taxpayer a few years ago?”

WATCH:

CNN’s Jake Tapper grills Ford CEO Jim Farley why he isn’t giving more to workers when he is making tens of millions of dollars per year. pic.twitter.com/ikgCtTf03O

— Jason Rantz on KTTH Radio (@jasonrantz) September 16, 2023

White House Gives Biden’s Stance On Pardoning Son If He’s Convicted Of Crimes

White House Press Secretary Karine Jean-Pierre said on Friday that President Joe Biden will not consider commuting or pardoning his son, Hunter Biden, if he is convicted of the crimes he is accused of committing.

Special counsel David Weiss filed charges against Hunter Biden this week stemming from a firearm-related incident from when Joe Biden was vice president in the Obama administration.

The indictment charges the president’s son with three crimes related to false statements made on a federal application to purchase a firearm. The charges relate to a time when, in October 2018, Hunter claimed he was clean of drugs to purchase a handgun. He later wrote in his memoir that he was addicted to crack cocaine at the time.

“Would the president pardon or commute his son if he’s convicted?” a reporter asked.

“So, I’ve answered this question before, it was asked of me not too long ago, a couple of weeks ago,” she said. “And I was very clear, and I said, ‘no.'”

WATCH:

KJP says Biden won't pardon his son. Maybe he won't have to. pic.twitter.com/4PCwK2YgBv

— NewsBusters (@newsbusters) September 15, 2023

Two of the counts carry max sentences of 10 years in prison, while the third carries a max sentence of five years, according to NBC News. The stiff sentences are a sharp contrast to the agreement worked out under the plea deal that was blown up in federal court by a judge. The plea agreement would have freed Hunter from jail time and instead put him in a diversion program that, if completed successfully, would have wiped the gun charges from his record.

CLICK HERE TO GET THE DAILY WIRE APP

Hunter, “knowing that he was an unlawful user of and addicted to any stimulant, narcotic drug, and any other controlled substance … did knowingly possess a firearm, that is, a Colt Cobra 38SPL revolver,” the indictment says.

Weiss signaled earlier this month that he was looking at charges against Hunter related to lying on a federal firearm registration form and owning a gun illegally. Weiss wrote in a notice to Judge Maryellen Noreika in Delaware that he was considering charging the Biden heir with gun charges, though Weiss did not mention other charges related to Hunter’s overseas business dealings or taxes that are the subject of an ongoing corruption investigation by House Republicans. Hunter’s failed plea deal struck with Weiss included two misdemeanor tax charges as well.

About Us

Virtus (virtue, valor, excellence, courage, character, and worth)

Vincit (conquers, triumphs, and wins)