Workers at new GM joint venture EV battery plant vote to join union

The hourly workforce at Ultium Cells LLC, the joint venture owned by General Motors and battery maker LG Energy Solution, has voted to unionize its plant in northeast Ohio after the union and the company spent months at odds over the organizing process. About 1:30 Friday morning, the UAW released the results of a two-day… Continue reading Workers at new GM joint venture EV battery plant vote to join union

This Formula 1 Season Was All Max Verstappen and Red Bull

Red Bull’s near-perfect season was marred in late October when it was punished for breaching the cost cap for 2021. Teams were allowed a budget of $145 million that season; Red Bull exceeded it by nearly $2 million. It was fined $7 million by the F.I.A., the sport’s governing body, and hit with a 10… Continue reading This Formula 1 Season Was All Max Verstappen and Red Bull

Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs

2016 Jeep Cherokee Sport Source: Jeep DETROIT – Stellantis said Friday that it plans to indefinitely idle a Jeep plant in Illinois, starting early next year, to cut costs as it invests in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the plant will cease production as of Feb. 28. The more… Continue reading Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs

Getaround stock crashes after carsharing company goes public in SPAC deal

Paul Chinn | San Francisco Chronicle | Getty Images Carsharing company Getaround made its public market debut Friday through a merger with blank-check company InterPrivate II Acquisition Corp. The company saw its share value drop more than 65%, reflecting the chilly environment for both SPACs and ridesharing companies.  Getaround, which made the very first CNBC… Continue reading Getaround stock crashes after carsharing company goes public in SPAC deal

GM battery plant workers vote to unionize with UAW, a key win for labor as industry shifts to EVs

Speaking in front of a backdrop of American-made vehicles and a United Auto Workers (UAW) sign, Democratic U.S. presidential nominee and former Vice President Joe Biden speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, U.S., September 9, 2020. Leah Millis | Reuters DETROIT — Workers at a General Motors… Continue reading GM battery plant workers vote to unionize with UAW, a key win for labor as industry shifts to EVs

SpaceX, Tesla, and Boring Company execs are helping Elon Musk at Twitter, records reveal

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.  STR | Nurphoto | Getty Images Elon Musk led a $44 billion acquisition of Twitter and appointed himself CEO there in late October. Ever since, he has enlisted high-ranking executives… Continue reading SpaceX, Tesla, and Boring Company execs are helping Elon Musk at Twitter, records reveal

Last Ford GT pays homage to ’67 Le Mans winner with 800 horsepower

Ford unveiled the last model of its third-generation GT supercar Friday and it’s a track-only, 800-pound predator that plays homage to the 1967 Le Mans-winning, Ferrari-stomping GT Mk IV. Merry Christmas. Act fast, though, because Santa will only deliver 67 of these toys in keeping with the 1967 heritage. The 2023 GT Mk IV is… Continue reading Last Ford GT pays homage to ’67 Le Mans winner with 800 horsepower

Stellantis to idle Illinois Jeep plant indefinitely in February

The maker of Jeep will idle its plant in Belvidere, Illinois, at the end of February in a “necessary action,” citing the increasing costs from electric vehicles and other industry disruptions in its decision. The Stellantis NV plant that produces the Jeep Cherokee crossover west of Chicago outside Rockford employs 1,350 salaried and hourly workers.… Continue reading Stellantis to idle Illinois Jeep plant indefinitely in February

Amid slower demand in China, Tesla to suspend production in Shanghai

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Amid slower demand in China, Tesla to suspend production in Shanghai

UAW’s EV battery plant win signals success ahead in organizing push

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading UAW’s EV battery plant win signals success ahead in organizing push