General Motors Co
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’s stock hits three-year low amid UAW strike, potential air bag recall
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’ stock price fell below $30 a share Thursday for the first time in more than three years amid ongoing strikes by the United Auto Workers union and […]
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Toyota, LG Electrical power Answer signal $3 billion battery offer deal in U.S. EV press
South Korea’s LG Power Alternative signed an agreement to offer Toyota, the world’s premier automaker, with lithium-ion batteries for electric cars that will be assembled in the U.S., the providers said on Wednesday. The offer will help Toyota’s expanding battery EV line-up, which consists of a new design that will be assembled at a manufacturing […]
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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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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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San Francisco woman trapped less than autonomous Cruise motor vehicle after getting struck in hit and run
A girl crossing a ordinarily occupied extend of downtown San Francisco suffered major accidents Monday evening immediately after a strike-and-run driver struck her, throwing her into the route of an oncoming driverless Cruise car or truck, which then ran her about, in accordance to movie recorded by the autonomous vehicle that Cruise confirmed to the […]
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GM’s third-quarter sales jump 21% as UAW strike slowly expands
United Auto Workers (UAW) members and supporters on a picket line outside the General Motors Co. Flint Processing Center in Swartz Creek, Michigan, US, on Monday, Sept. 25, 2023. Emily Elconin | Bloomberg | Getty Images DETROIT – An ongoing strike by the United Auto Workers union against the Detroit automakers had little to no […]
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