Detroit
Stellantis resurrects small Fiat 500e EV for the U.S., starting at $34,095
The 2024 Fiat 500e. Stellantis DETROIT — Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations. The small city car is expected to first go on sale as a special edition “(500e)RED” model early next year, starting at […]
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UAW launches union campaigns at Tesla, 12 other automakers in the U.S.
United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images The United Auto Workers union is launching an unprecedented campaign to organize 13 non-union automakers in […]
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GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes
General Motors is working to regain Wall Street’s confidence leading into 2024 with several investor-focused initiatives Wednesday following a tumultuous year of labor strikes and setbacks in its plans for electric and autonomous vehicles. The Detroit automaker plans to increase its quarterly dividend next year by 33% to 12 cents per share; initiate an accelerated […]
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Ford union employees ratify UAW deal, closing out historic negotiations with Detroit automakers
Associates of the United Vehicle Personnel union picket outdoors the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Pictures DETROIT — Union associates at Ford Motor accredited a tentative settlement Friday, concluding contentious agreement negotiations among the United Car Personnel and Detroit automakers. UAW-Ford workers ended up […]
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Cadillac reveals its new entry-level EV, a compact crossover called the Optiq
2025 Cadillac Optiq Cadillac DETROIT – Cadillac’s new entry-level electric vehicle will be a compact-sized crossover called Optiq, the company said Friday. The General Motors brand said the vehicle, which will be its fourth EV, will slot below the current entry-level Lyriq midsize crossover EV, which starts around $59,000. Cadillac declined to disclose pricing and […]
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UAW members ratify new contract with Chrysler owner Stellantis
United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between […]
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GM union workers ratify UAW deal following contentious vote
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty Images DETROIT – General Motors union workers ratified a record deal with the United Auto Workers after a contentious final few days of voting, according to results posted Thursday morning by the […]
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GM-UAW deal back on track for ratification after major plant approves pact
United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker’s full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – The United Auto Workers’ tentative agreement with General Motors is back on track for ratification after […]
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Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT – The United Auto Workers achieved record contracts with the Detroit automakers following contentious talks and roughly six weeks of […]
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Stellantis offers buyouts to roughly half of U.S. salaried workers
Carlos Tavares, Chief Executive Officer of Stellantis, poses during a presentation at the New York International Auto Show, in Manhattan, New York City, April 5, 2023. David Dee Delgado | Reuters DETROIT – Chrysler-parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut costs for the automaker’s […]
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