General Motors Co
Here’s every major reveal from the Detroit Auto Show
DETROIT — Even as the ongoing negotiations between the three Detroit automakers and the United Auto Workers labor union overshadowed all else in the industry, some companies used this year’s edition of the Detroit Auto Show to show off new and revamped models on Wednesday. The discussions around a new four-year contract have been tense, […]
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UAW will strike against Detroit automakers if deals aren’t reached by Thursday, union boss says
The United Auto Workers union will strike against the Detroit automakers if the sides don’t reach labor deals by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday on CNBC’s “Squawk Box.” Fain’s comments came the morning after he outlined plans to local union leaders about implementing targeted strikes at certain General […]
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Ford to double F-150 hybrid pickup production as EV sales growth slows
2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT — Ford Motor plans to double production of a hybrid version of its F-150 pickup truck as the company grapples with slower-than-expected sales of its all-electric vehicles. Ford expects to increase sales of the V-6 hybrid model during the 2024 model year to roughly 20% in the […]
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Wall Street sees potential UAW strikes as manageable, with upsides
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – Many on Wall Street view potential strikes by United Auto Workers against the Detroit automakers as largely manageable – even seeing investment opportunities. Some believe potential strikes are already factored into […]
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I took my to start with self-driving car or truck trip with my teenage son and it felt easily dull
I signed up to try Waymo as quickly as it grew to become accessible in San Francisco, and this weekend Alphabet’s self-driving vehicle enterprise finally invited me to give it a shot. My son Marlon has been obsessed with self-driving cars and trucks this year, as we have viewed additional and extra Waymos and competing […]
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Stellantis offers 14.5% pay increase to UAW, days before possible strike
Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Images Stellantis on Friday offered significant four-year wage increases to its hourly workers represented by the United Auto Workers, as it scrambles to avoid a […]
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GM offers 10% wage increases, $5,500 ratification bonuses to UAW as strike looms
UAW Local 5960 member Kinethia Black fills the brakes of a 2022 Chevrolet Bolt EUV during vehicle production on Thursday, May 6, 2021 at the General Motors Orion Assembly Plant in Orion Township, Michigan. Photo by Steve Fecht for Chevrolet DETROIT – General Motors on Thursday offered its largest four-year wage increase in decades as […]
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UAW strike would show Biden, other leaders that it’s time to ‘pick a side,’ union boss says
A strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor, UAW President Shawn Fain said Wednesday night. “I think our strike can reaffirm to [Biden] of where the working-class people in this country stand and, you […]
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Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess
Illustration by Elham Ataeiazar After pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney’s CEO. His hand-picked successor, Bob Chapek, then Disney’s parks chairman, would take over the day-to-day job of running the company, effective immediately. As part of the […]
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Why auto worker strikes against GM, Ford and Stellantis seem inevitable
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers President Shawn Fain appears ready to fire up the picket lines. The union’s bulldog new leader has repeatedly vowed to drive a hard bargain […]
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