Ford Motor Co. (NYSE: F) CEO Jim Farley Says that there is a shortage of mechanics and repair technicians in the US as users on social media emphasize a debt problem.
Deficits of 400,000 repair technician, the average repair time is two weeks
Farley, in one interview With Yahoo Finance last week, said that Michigan, established in Michigan, was confronted with a critical shortage of repair technicians. “At Ford we have … probably 400,000 shortage of repair technicians in the economy,” said Farley, adding that factors such as permits and regulations, as well as “the opinion of society” have influenced the availability of technicians.
‘This morning when I woke up, there were 6,000 bays in our [Ford] Dealers without technicians, “said Farley, adding that the average waiting time for repairs at Ford was two weeks. He also emphasized that despite reaching a deal with the UAW after a strike in Ford’s Factory, most entry -level workers worked” three jobs “.
They just can’t work financially, says a user on Tiktok
Following Farley’s comments, @Jluis___A Tap User shared his thoughts about the social media platform on Friday. “To become a technician, you have to attend the trading school … You have to purchase debts to pay for the trading school,” Luis said in the video, adding that you also need work experience because employers avoid technicians avoid fresh from school.
“You find a position … Let’s say at a Ford dealer, they want to pay the technology $ 19/hour, $ 21/hour,” he said. “People want to do these things, they just can’t do it financially,” said Luis.
Ford’s Recall -Calling, Jim Farley says the company is improving costs
The news is because in 2025 Ford issued various recall actions that influence a variety of vehicles in their line -up. The company recently issued a recall for 115,000 F-2550, 350 and 450 pick-up trucks about a problem with the steering column. Ford has also recalled more than a million vehicles about problems with the rear cameras of the vehicles.
In the meantime, Farley had recently said that the company, which has contracted billions in tariff effects, was improving its costs compared to rivals such as such as such as General Motors Co. (NYSE: GM) While the automaker reduced more than $ 1 billion in costs.
Ford’s EV Incentive Extension, Affordable Loans
The company has also extended the incentives on EVs by paying a small down payment to dealers via the low -financing on or before 30 September, which qualified the vehicles for the EV credit. Ford is one of the several car manufacturers who offer benefits on EVs.
The company also announced that it offered affordable loans to people with subprime credit (Fico scores lower than 620) on the F-150 pick-up trucks in an attempt to push more sales and move the dealer’s inventory.
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