Ford CEO Farley says UAW is holding up talks over EV battery plants

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – The United Auto Workers union is holding up negotiations with Ford Motor over future EV battery plants, Ford CEO Jim Farley said Friday. “I believe we … Read more

UAW strike expands to 38 extra amenities at GM and Stellantis

DETROIT – The United Auto Employees is increasing strikes to 38 components and distribution areas throughout 20 states for Normal Motors and Stellantis, UAW President Shawn Fain mentioned Friday morning. The union won’t provoke further strikes at Ford Motor, as the corporate has confirmed it is “severe about reaching a deal,” Fain mentioned throughout a … Read more

UAW will strike at extra U.S. auto crops if severe progress is not made

Blue Cross Blue Defend workers present their assist to members of the United Auto Employees (UAW) union as they march by means of the streets of downtown Detroit following a rally on the primary day of the UAW strike in Detroit, Michigan, on September 15, 2023.  Matthew Hatcher | AFP | Getty Photographs DETROIT – … Read more

Stellantis might shut 18 amenities beneath deal

United Auto Staff members attend a solidarity rally because the UAW strikes the Large Three automakers on September 15, 2023 in Detroit, Michigan. Invoice Pugliano | Getty Photographs DETROIT – The latest contract proposal by automaker Stellantis to the United Auto Staff union might result in the closure of 18 U.S. amenities, however it might … Read more

Stellantis provides raises, inflation safety to UAW as strikes proceed

Demonstrators throughout a United Auto Employees (UAW) apply picket outdoors the Stellantis Mack Meeting Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Photos Stellantis mentioned Saturday that its most up-to-date proposal to the United Auto Employees consists of raises of almost 21% over the course of the … Read more

UAW strike brings blue collar battle, Bernie Sanders to Detroit

DETROIT — The United Auto Staff strike is bringing a blue-collar versus billionaire battle to the Motor Metropolis, simply as UAW President Shawn Fain needed. The outspoken union chief has weaponized placing — traditionally a final resort for the union — after lower than 24 hours into a piece stoppage arguably higher than any UAW … Read more

UAW strike hits Ford, GM, Stellantis vegetation

Members of the United Auto Employees union maintain a rally and apply picket close to a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – 1000’s of members of the United Auto Employees went on strike at three U.S. meeting vegetation of Basic Motors, Ford Motor and Stellantis, after the union and the automakers failed … Read more

EV maker VinFast is now price greater than the likes of Ford and GM

BANGKOK, THAILAND – 2023/05/18: VinFast shows its automobiles at Future Power Asia Exhibition 2023 at Queen Sirikit Nationwide Conference Heart. Nathalie Jamois | Lightrocket | Getty Photos VinFast’s shares jumped after its U.S. buying and selling debut, vaulting its whole market worth previous a number of the world’s largest automakers corresponding to Ford, GM, BMW … Read more

Ford embraces hybrids because it loses billions on EVs

Ford Motor Co. shows a brand new 2021 Ford F-150 pickup truck on the Rouge Complicated in Dearborn, Michigan, Sept. 17, 2020. Rebecca Cook dinner | Reuters Heads up, hybrid followers: Ford Motor is engaged on a complete bunch of recent hybrid fashions. “You are going to see much more hybrid methods from us,” CEO … Read more

Normal Motors (GM) earnings Q2 2023

Mary Barra, CEO, GM on the NYSE, November 17, 2022. Supply: NYSE DETROIT — Normal Motors is elevating its 2023 steerage for a second time this 12 months after the automaker reported second-quarter outcomes Tuesday that had been up sharply 12 months over 12 months. The Detroit automaker additionally stated it’s rising cost-cutting measures by … Read more