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Industry Focus

Energy: Ford Reports Earnings and UAW Negotiations Kick Off in Detroit

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 25 July 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

We’re diving into the auto industry this week. With Ford reporting earnings Wednesday night, Motley Fool Contributor John Rosevear joins the show to break down the report and discuss Ford’s expanded partnership with Volkswagen focused around electric and autonomous vehicles. On the back half of the show, we take a look at negotiations beginning between the Big Three US Automakers and the United Auto Workers (UAW). Stay tuned to the end of the show to hear us all (including Dan Boyd) weigh in on Chevy’s new mid-engine Corvette.

Stocks Mentioned: F, VWAPY, GM, FCAU,

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Transcript

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0:00.0

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0:11.3

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. Today's Thursday, July 25th, we're going to take a quick look at Ford's earnings, discuss an expanded partnership between

0:24.4

Ford and GW, and take a look at the negotiations between the 90 auto workers and the big three

0:29.6

automakers in the U.S. and how those are starting to play out.

0:32.1

I'm your host, Nick Saipoll.

0:33.0

Today I'm joined by Molly Fool, senior auto analyst,

0:35.0

John Roosevelt via Skype.

0:36.0

How you doing, John.

0:37.0

Very exciting time to be watching the auto industry.

0:39.0

We live in interesting times.

0:42.0

You know, the auto industry is living in interesting times.

0:43.0

You know, the auto industry is living in very interesting times right now, Nick.

0:47.2

It's quite something.

0:47.9

It's going to be an interesting few quarters here.

0:50.2

Yeah, I mean, we were talking about new technology EVs autonomous.

0:53.6

You've got some geopolitical things with tariffs.

0:55.6

You've got China's auto market starting to slow down for the first time in decades.

1:00.1

Lots of stuff to talk about.

...

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