The United Automobile Workers union expanded its strike against Ford Motor on Wednesday evening, calling on 8,700 workers to walk off the job at a critical plant in Kentucky. The plant makes some of Ford’s most profitable offerings, including the Super Duty version of its F-Series trucks and the Ford Expedition, a full-size sport utility… Continue reading U.A.W. Expands Strike to Ford Plant in Kentucky
Tag: FCA
U.A.W. Will Not Expand Strikes at G.M., Ford and Stellantis as Talks Progress
The United Automobile Workers union said on Friday that it had made progress in its negotiations with Ford Motor, General Motors and Stellantis, the parent of Chrysler, and would not expand the strikes against the companies that began three weeks ago. In an online video, the president of the union, Shawn Fain, said all three… Continue reading U.A.W. Will Not Expand Strikes at G.M., Ford and Stellantis as Talks Progress
Tesla’s Sales Slip as It Readies Factories for New Models
Sales of Tesla electric cars slipped from July through September after the company paused production at some factories to upgrade assembly lines. The company delivered 435,000 vehicles worldwide in the third quarter, down from 466,000 in the second quarter. Wall Street analysts had expected the decline, which they attributed to production slowdowns as Tesla refitted… Continue reading Tesla’s Sales Slip as It Readies Factories for New Models
U.A.W. Expands Strikes at Ford and G.M.
The United Automobile Workers union increased the pressure on Ford Motor and General Motors by extending its strike to two more car assembly plants on Friday, saying the companies had not moved far enough to meet its demands for higher pay and benefits. The move is the second escalation of strikes that started on Sept.… Continue reading U.A.W. Expands Strikes at Ford and G.M.
We’re not ready to bail on Ford after the UAW deal. But we have lots of questions
New details of Ford ‘s (F) deal to end the United Auto Workers strike were revealed over the weekend. But how this record 4½-year labor contract will impact the company’s finances remains uncertain, and It represents yet another headwind for the Club holding following last week’s underwhelming third-quarter earnings. The UAW on Sunday released parts… Continue reading We’re not ready to bail on Ford after the UAW deal. But we have lots of questions
GM reaches tentative deal with UAW, ending strikes at Detroit automakers after six weeks
watch now DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to bargaining between the union and Detroit automakers following more than six weeks of targeted U.S. labor strikes, the sides confirmed hours after sources told CNBC about the deal. GM is the final Detroit automaker… Continue reading GM reaches tentative deal with UAW, ending strikes at Detroit automakers after six weeks
Canadian auto union reaches deal with Stellantis after brief labor strike
Lana Payne celebrates on stage as Unifor, Canada’s largest private-sector union, announce Payne as their new president to replace outgoing leader Jerry Dias in Toronto, Ontario, Canada, Aug. 10, 2022. Cole Burston | Reuters DETROIT — Canadian union Unifor and Stellantis have reached a tentative agreement early Monday morning, ending a brief strike that began… Continue reading Canadian auto union reaches deal with Stellantis after brief labor strike
UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, $5,000… Continue reading UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses
Canadian union Unifor ends strike after tentative deal with Stellantis
By the end of the agreement period, a top-rate production assembler will be paid $44.52 per hour in addition to COLA of $1.61. The deal now needs to be ratified by members. Canadian union Unifor called off a brief strike that began early on Monday after reaching a tentative deal with Chrysler-parent Stellantis that offers… Continue reading Canadian union Unifor ends strike after tentative deal with Stellantis
@Groupe PSA: PR MEDIA ADVISORY: New Time for the Stellantis Third Quarter 2023 Shipments and Revenues on October 31006554
AMSTERDAM – Stellantis N.V. announced today a new time for its Third Quarter 2023 Shipments and Revenues on Tuesday, October 31, 2023. A live audio webcast and conference call of the Third Quarter 2023 Shipments and Revenues will begin at 2:00 p.m. CET / 9:00 a.m. EDT on Tuesday, October 31, 2023. The related press… Continue reading @Groupe PSA: PR MEDIA ADVISORY: New Time for the Stellantis Third Quarter 2023 Shipments and Revenues on October 31006554