Following a similar action by GM late last week, Ford’s CEO told analysts, “We should just all expect to be a little bit patient during this time to see how these policies kind of work out.”

Analysts expect healthcare to be a key sticking point in negotiations between automakers and the UAW later this year.

Dividends cost the company $2.4 billion annually. Analysts say that's not sustainable during restructuring; Ford CFO says it will boost stock price.

Company will use proceeds to invest in self-driving cars, electrified vehicles and other technology.

Company says notes will finance self-driving cars, electrified vehicles and other initiatives.

Company says notes will finance self-driving cars, electrified vehicles and other initiatives.

Other Rust Belt states could follow Michigan's lead.

Other Rust Belt states could follow Michigan's lead.