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Ford says it is 'at the limit' with UAW contract offer

A senior Ford executive said Thursday the automaker is "at the limit" of what it can spend on higher wages and benefits for the United Auto Workers, and warned the union's strike at the company's most profitable factory could harm workers and slash profits. "We have been very clear that we are at the limit," Kumar Galhotra, head of Ford's combustion vehicle unit, said during a conference call Thursday. Ford is open to reallocating money within its current offer in further bargaining with the union to secure an agreement, Galhotra said.
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