Ford Motor Co
GM is envisioned to devote $13 billion in U.S. facilities underneath new UAW offer
United Automobile Personnel (UAW) associates strike at a Basic Motors assembly plant that builds the U.S. automaker’s complete-measurement activity utility cars, in a further expansion of the strike in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – Normal Motors plans to devote roughly $13 billion in U.S. amenities by April 2028, the […]
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UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers
United Auto Workers President Shawn Fain gestures in solidarity with striking workers during a rally at UAW Local 551 on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images DETROIT – United Auto Workers President Shawn Fain wants to expand the union’s battle from the Detroit automakers to […]
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UAW-Stellantis deal includes $18.9 billion in investments, new truck for idled plant
Randy Harvard (right), an autoworker of 29 years, stands with other United Auto Workers members after the union called a strike Oct. 23, 2023 at Stellantis’ Ram 1500 plant in Sterling Heights, Mich. Michael Wayland / CNBC DETROIT – The United Auto Workers union said Chrysler-parent Stellantis plans to invest $18.9 billion in the U.S. […]
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How to perform a doable worldwide electric powered car meltdown, in accordance to Deutsche Financial institution
Issues of a international electric powered automobile current market meltdown are beginning to get hold, elevating concern about the prospects of specific companies in the area, according to Deutsche Lender. Citing discussions with just one battery supplier, head of investigate Tim Rokossa explained manufacturing timelines in the U.S. and Europe are 30% to 50% below […]
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UAW strikes cost Stellantis about $3.2 billion in revenue
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 — Labor strikes by the United Auto Workers union cost Stellantis about $3.2 billion, or 3 billion euros, in lost revenue through October, […]
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Winners and losers of the UAW talks with GM, Ford and Stellantis
President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union on the picket line outside GM’s Willow Run Distribution Center in Bellville, Michigan, Sept. 26, 2023. Evelyn Hockstein | Reuters DETROIT — A tentative deal Monday between the United Auto Workers and General […]
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GM reaches tentative deal with UAW, ending strikes at Detroit automakers after six weeks
Members of the United Auto Workers, or UAW, Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on Sept. 26, 2023. Patrick T. Fallon | AFP | Getty Images DETROIT — The United Auto Workers and General Motors have agreed to a deal that will […]
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Canadian auto union initiates national strike at Chrysler parent Stellantis
Lana Payne celebrates on stage as Unifor, Canada’s largest private-sector union, announce Payne as their new president to replace outgoing leader Jerry Dias in Toronto, Ontario, Canada, Aug. 10, 2022. Cole Burston | Reuters DETROIT — After reaching a tentative agreement Saturday with the United Auto Workers union, Chrysler parent Stellantis is now facing a […]
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UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses
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 – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, $5,000 […]
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As the market enters correction territory, don’t blame the American consumer
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the […]
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