German Manager Magazine: Ford, Stellantis and GM defeated: What the victory of the US union UAW means for German car manufacturers002849

After six weeks of major strikes and numerous rounds of negotiations, Shawn Fain (54) achieved a breakthrough on Monday: the last car manufacturer in the so-called “Big Three” also gave in to the head of the largest US auto union, United Auto Workers (UAW), in Detroit. With his aggressive course did he ford, Chrysler mother… Continue reading German Manager Magazine: Ford, Stellantis and GM defeated: What the victory of the US union UAW means for German car manufacturers002849

@AML: Admission of shares and total voting rights000537

RNS Number : 1147S Aston Martin Lagonda Global.Holdings PLC 02 November 2023 2 November 2023   Aston Martin Lagonda Global Holdings plc (“Aston Martin” or the “Company”)   Progress to completion of Lucid Transaction and Admission of Consideration SharesTotal Voting Rights Further to its announcement on 19 September 2023 confirming the receipt of shareholder approvals… Continue reading @AML: Admission of shares and total voting rights000537

Ferrari, Rolls-Royce… BYD? Why Chinese EV firm calls Mayfair home

BYD’s UK launch plan has entered a key phase with the opening of a flagship showroom in the heart of Mayfair – the likes of which are usually reserved for the most prestigious brands around.  The Chinese electric car specialist’s new flagship site is a former JLR boutique on Berkeley Street. A Rolls-Royce dealer is opposite,… Continue reading Ferrari, Rolls-Royce… BYD? Why Chinese EV firm calls Mayfair home

New Ferrari 499P Modificata is a £4.6m track-only Le Mans tribute

Ferrari added another chapter to its rich history at Le Mans in 2023 taking the overall win for the first time in over half a century with the 499P. And that car has just spawned a ‘Modificata’ version that you can actually buy.  Developed by Ferrari’s new Sport Prototipi Clienti programme, it’s essentially a copy… Continue reading New Ferrari 499P Modificata is a £4.6m track-only Le Mans tribute

SBF Was Apparently Told to “Stop Asking Questions” About Where $8 Billion Went

During his last day of testimony, which just so happened to fall on Halloween, FTX’s disheveled ex-CEO Sam Bankman-Fried told a spooky story about his apparent disinterest in where billions of dollars went under his watch. As The Verge reports, the defrocked crypto king gave some pretty confusing answers on his final day on the stand… Continue reading SBF Was Apparently Told to “Stop Asking Questions” About Where $8 Billion Went

@FCA:

1 de noviembre de 2023 , Auburn Hills, Mich. – Grand Wagoneer, que lleva el concepto del vehículo premium americano a un nivel superior, resultó el ganador del premio Newsweek al Mejor SUV de Tamaño Completo 2023 dentro del programa de premios que la publicación concede anualmente. Además, Wagoneer by Jeep recibió los máximos honores a la… Continue reading @FCA:

U.A.W. and Ford Reach Tentative Contract Agreement

The United Automobile Workers and Ford Motor have reached a tentative agreement on a new four-year labor contract, the union announced Wednesday, nearly six weeks after the union began a growing wave of walkouts against the three Detroit automakers. The union said the deal included a roughly 25 percent pay increase over four years, cost-of-living… Continue reading U.A.W. and Ford Reach Tentative Contract Agreement

U.A.W. Expands Strike to a Ram Plant in Michigan

In a major escalation of its six-week strike at the three large U.S. automakers, the United Automobile Workers union on Monday told 6,800 workers at a large Ram pickup truck plant in Michigan to walk off the job. Union workers at the Sterling Heights plant, which is owned by Stellantis, the parent of Ram, Chrysler… Continue reading U.A.W. Expands Strike to a Ram Plant in Michigan

Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike

Tens of thousands of people who work for Toyota in Kentucky, Mercedes-Benz in Alabama or Tesla in Texas are technically not involved in the high-stakes negotiations taking place between labor and management in and around Detroit. But they are very much a presence. Executives at Ford Motor, General Motors and Stellantis, the parent of Chrysler,… Continue reading Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike

Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota

The monthlong strike by the United Automobile Workers and the union’s demands for substantial pay and benefits increases risk damaging the U.S. auto industry, hurting its ability to compete against nonunion foreign rivals, the executive chairman of Ford Motor said on Monday. The fight should not be seen as the U.A.W. against Ford, or its… Continue reading Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota