Bill Ford: UAW Helped the Entire Industry 'Get Back on Its Feet'

June 02, 2019, 11:48 AM

Bill Ford: "And he did that." (Company photo)

Over the years, there's been plenty of anti-union talk, particularly in Michigan, a right-to-work state.

But Bill Ford, executive chariman of Ford Motor Co., tips his hat to the United Auto Workers, telling CNBC's " Squawk Box" that the labor union helped “save” Ford Motor as competitors such as General Motors went bankrupt. 

Ford said former UAW President Ron Gettelfinger doesn’t get enough credit for helping Ford in its "darkest hour.”

“When we got into a really tough period, I sat down with Ron and I said, ‘You have to help me save the Ford Motor Company so we didn’t have to go through bankruptcy, so we didn’t have to get a federal bailout,’” Ford said Thursday. “And he did that.”

Ford said the union helped the company regain a foothold in the North American market, and he added that the UAW helped the entire industry “get back on its feet.”

Read more:  CNBC

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