Ford has readjusted its profit outlook for the year, following a disappointing third quarter. Losses have been attributed to higher warranty costs, discounts, and poor performance in China. Ford is undergoing a global restructure, which includes cost cutting and changing its products sold in global markets. Now, Ford may also need to face the UAW to negotiate a new labor agreement.
See "Ford cuts full-year profit outlook as third-quarter profit dips", Ben Klayman & Paul Lienert, Reuters, October 24, 2019