Ford Motor Co
Canadian autoworkers strike against General Motors, joining UAW
Lana Payne speaks to delegates after being elected as president of UNIFOR, Canada’s largest private sector union, at the Metro Toronto Convention Centre on Aug. 10, 2022. Richard Lautens | Toronto Star | Getty Images DETROIT — Labor strikes are now an international issue for General Motors after the Detroit automaker failed to reach a […]
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UAW Mack Trucks union members to join striking Detroit autoworkers on picket lines after voting down tentative deal
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 – About 3,900 United Auto Workers members with Mack Trucks will go on strike Monday after a majority of members […]
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UAW Mack Trucks deal could be a test for worker demands amid Detroit automaker negotiations
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto Workers members with Volvo Group-owned Mack Trucks will vote this weekend on a tentative agreement that falls significantly short of what the union is demanding in […]
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UAW will not expand strikes at Detroit automakers after last-minute GM proposal
Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | Reuters DETROIT – The United Auto Workers will not expand strikes against the Detroit automakers this week amid progress in the talks, including General Motors agreeing to cover battery cell workers […]
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Hyundai and Kia to adopt Tesla’s EV charging tech next year
TESLA logo on a charging station on May 26, 2023. Harry Langer | Defodi Images | Getty Images Hyundai Motor and Kia announced Thursday they will soon adopt Tesla’s electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States. Hyundai and Kia join others like Ford and General Motors to […]
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GM secures new $6 billion credit line as UAW strike costs reach $200 million
DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages that we’ve seen from some […]
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Ford pickup truck sales lead third-quarter growth
Ford F-150 pickup trucks are seen on Metro Ford’s sales lot in Miami, Florida. Joe Raedle | Getty Images DETROIT – Ford Motor’s third-quarter U.S. new vehicle sales increased 7.7% compared with a year earlier, led by higher sales of traditional pickup trucks across its lineup. The Detroit automaker on Wednesday reported a 15.3% increase […]
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Is it time to get Tesla? Two buyers present the bull and bear case
Shares in Elon Musk’s Tesla have been on a tear this calendar year — and no matter if or not it’s a obtaining opportunity continues to divide investors. More than the year to day, the stock of the car large, which types and manufactures electrical vehicles, battery energy storage equipment, and photo voltaic panels, has […]
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These are JPMorgan’s top rated stocks for Oct
JPMorgan extra 3 new shares to its list of top names for Oct, like a sporting activities betting organization that’s had a significant rally considering that the start off of the 12 months. The lender current its focus checklist in a Monday note to incorporate DraftKings , Boston Scientific and Wynn Resorts . The concentration […]
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UAW announces new strikes at GM and Ford plants, spares Stellantis citing ‘momentum’ in talks
DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. The additional strikes will target Ford’s Chicago Assembly Plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing Delta Township […]
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