Toyota Motor Corp
Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
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 – The United Auto Workers achieved record contracts with the Detroit automakers following contentious talks and roughly six weeks of […]
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Hyundai joins Honda and Toyota in elevating wages following automobile union wins gains in offers with Detroit 3
Drew Angerer | Getty Images News | Getty Illustrations or photos South Korean automaker Hyundai has joined Honda and Toyota in raising factory employee wages after the United Auto Workers union reached new agreement agreements with Detroit automakers. Hyundai claimed Monday it will elevate manufacturing facility employee spend 25% by 2028, matching the normal wage increase received by the […]
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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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Toyota raises its outlook as strong hybrid demand juices profits
A 2022 Toyota Mirai hydrogen fuel cell vehicle, right, next to Toyota Prius hybrid vehicles during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S., on Wednesday, Nov. 17, 2021. Bing Guan | Bloomberg | Getty Images Toyota Motor on Wednesday said its quarterly profit more than doubled from a […]
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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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Volvo Cars and trucks CEO strikes cautious tone on good-state battery technological know-how
Volvo’s EX90 electrical car photographed in Sweden on Nov.9, 2022. Mikael Sjoberg | Bloomberg | Getty Illustrations or photos The CEO of Volvo Cars is bullish about the extended-time period likely of electrical motors, but seems much more cautious on stable-state batteries — engineering that is created considerably buzz about its likely to remodel the […]
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Neglect the U.S: Execs say yet another major current market appears to be affordable and gives the ‘best’ chances
Eye-catching returns and the breadth of prospects are among the numerous explanations the U.S. has very long reigned supreme for traders. Nonetheless, according to a person strategist, a unique marketplace has substantially greater valuations correct now. “The U.S. is reasonably high-priced. In phrases of nations around the world, Japan appears to offer the best blend […]
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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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Indonesia’s EV ambitions could aid improve investments in the relaxation of Southeast Asia
Korean vehicle producer Kia shows the electric vehicle “EV6 GT-Line” throughout the 30th Gaikindo Indonesia Worldwide Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Visuals Indonesia’s EV-helpful guidelines have lured global investors to the place, but professionals say they could also increase investments in Southeast Asia’s automotive marketplace much […]
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