The United Auto Workers union has made CEO pay a central part of their argument for a big worker wage increase.

He'll be replaced by John Lawler, a 30-year company veteran who has been running autonomous vehicle operations. It also plans to offer more electric vehicles around the globe including a Transit van and F-150 pickups. Ford also plans to add more affordable electric vehicles to its lineup. Reid said Argo software and autonomous vehicle technology would go to other Ford units, including programs to help businesses with logistics. It was pushed into the black by a $3.5 billion accounting gain on the value of its autonomous vehicle operation.

The biggest differences are a gas-electric hybrid version, internet connectivity, and a revamped interior that turns the truck into more of a rolling office or even a place to nap. Now its time for another revamp, and Ford is playing it safe with the companys crown jewel. The biggest differences are a gas-electric hybrid version, internet connectivity, and a revamped interior that turns the truck into more of a rolling office or even a place to nap. Theres really nothing more important to us than the F-Series, Ford CEO Jim Hackett said in an interview. Sam Pack, who owns four Dallas-area Ford dealerships, says the F-Series accounts for well over 40% of his sales.

Following are developments Thursday related to the national and global response, the work place and the spread of the virus. Disneyland has pushed back the reopening of its parks in California because state approval will not arrive in time. The company said the state will not issue guidelines until after July 4, not enough time to open within two weeks. MARKETS: Stocks are flat to lower as COVID-19 infections surge in a number of states including Florida, Texas and South Carolina. BOXING MATCH: Professional sports are attempting a comeback even without crowds that have been prohibited because of social distancing rules.

Black lives matter. At the same time, companies must consider whether it makes sense for them to weigh in, especially on an issue as sensitive as race. Media giant ViacomCBS tweeted Black Lives Matter. Expressing solidarity with the Black Lives Movement is the right message, but everyone is jumping in on that bandwagon, said Allen Adamson, co-founder and managing partner of Metaforce a marketing and product consultancy. Each of these black lives matter.

The auto industry is going through massive change -- and Tesla and its outspoken CEO, Elon Musk, are seen as the great disruptors. "And yeah, he's competing with the ultimate disruptor in Henry Ford." Even the long-established industry titans that are just now venturing into electric cars owe a debt to Musk. As it works to ready itself for the future, Ford has been cutting jobs, making investments and forming partnerships. As CEO of Ford, Hackett is operating what is essentially a family-run corporation.

They also said they were investigating how to develop the next generation of vehicles, such as electric and self-driving cars. All of the world's major automakers are racing to develop electric and self-driving cars. Volkswagen has said previously that it will spend 44 billion ($50 billion) by 2023 on an "electric offensive" to develop electric cars, self-driving vehicles and other new technology. But much of the $11 billion restructuring is with an eye towards developing electric and self-driving cars. Volkswagen estimates that electric vehicles will make up 40% of its fleet by 2030.