Stellantis NV
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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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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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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Automakers grow frustrated over pace of UAW negotiations as new deadline looms
Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and United Auto Workers, as the union threatens to expand U.S. plant strikes […]
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UAW again threatens to expand strikes at Detroit automakers if progress isn’t made by Friday
Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the “Big Three” autoworkers currently on strike. Patrick T. Fallon | AFP | Getty Images DETROIT – The United Auto […]
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UAW chief condemns Trump ahead of Michigan stop by during union strike
United Car Workers (UAW) President, Shawn Fain addresses picketing UAW members at a Normal Motors Company Parts Functions plant in Belleville, Michigan, on September 26, 2023, as US President Joe Biden joined the workers. Jim Watson | Afp | Getty Photographs DETROIT – United Car Workers President Shawn Fain doubled down on his criticism of […]
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UAW strikes threaten already vulnerable auto parts suppliers
Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images As the United Auto Workers’ strike against Ford Motor, General Motors and Stellantis moves through its second week, the economic effects are beginning to ripple through […]
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UAW strike: Biden, Trump seek blue-collar votes in swing state Michigan
United Auto Workers from Louisville Kentucky rally in support of striking UAW members, in Detroit, Michigan, September 15, 2023. Rebecca Cook | Reuters DETROIT – Strikes by the United Auto Workers union against General Motors, Ford Motor and Stellantis will get the presidential treatment this week in Michigan. Twice, in fact. President Joe Biden is […]
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