Marelli plant closure forewarns painful electric vehicle transition

CREVALCORE, Italy, Oct 30 (Reuters) – Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts factory, an early casualty of the European Union’s transition towards electric vehicles. Marelli, owned by U.S. fund KKR (KKR.N), wants to shut the plant in the Emilia Romagna region, which makes… Continue reading Marelli plant closure forewarns painful electric vehicle transition

UAW’s record deal could boost others’ wages as labor notches another victory

Striking United Auto Workers member Candis Holmes pickets outside the Ford Michigan Assembly Plant in Wayne, Michigan U.S., September 19, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing Rights Oct 30 (Reuters) – The tentative agreement reached between the United Auto Workers and two of the Detroit Three automakers marks another victory for labor unions that have… Continue reading UAW’s record deal could boost others’ wages as labor notches another victory

@FCA: TSR Dodge//SRT NHRA Funny Car Driver Hagan Advances to Vegas Semifinals, Maintains Points Lead; Teammate Pruett Third in Top Fuel Points After Close First-round Exit

October 29, 2023 , Auburn Hills, Mich. –  Three-time NHRA World Champion Matt Hagan missed advancing to his third straight Funny Car final by inches (.009 seconds) in his Tony Stewart Racing (TSR) Direct Connection Dodge//SRT Hellcat at the NHRA Nevada Nationals on Sunday. Despite the semifinals exit, Hagan continues to lead the NHRA Camping World… Continue reading @FCA: TSR Dodge//SRT NHRA Funny Car Driver Hagan Advances to Vegas Semifinals, Maintains Points Lead; Teammate Pruett Third in Top Fuel Points After Close First-round Exit

German Manager Magazine: UAW strike: Stellantis and UAW union agree on employment contract002843

After weeks of strikes, several US car giants are planning a 25 percent pay increase for their workforce. A few days after ford he also agreed Stellantis-Company reached a corresponding deal with the UAW union with President Shawn Fain. Like Thursday’s agreement with Ford, this contract is for 4.5 years and includes record wage increases,… Continue reading German Manager Magazine: UAW strike: Stellantis and UAW union agree on employment contract002843

UAW leaders push ahead with Ford contract as GM talks drag

United Auto Workers union President Shawn Fain joins UAW members who are on a strike, on the picket line at the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 15, 2023. REUTERS/Rebecca Cook Acquire Licensing Rights Show more companies DETROIT, Oct 29 (Reuters) – United Auto Workers President Shawn Fain is scheduled to meet… Continue reading UAW leaders push ahead with Ford contract as GM talks drag

Mumbai’s Kaali Peeli taxis to ply for one last time on 30 October

The iconic Indo-Italian Premier Padmini Kaali Peeli taxis, which have been an integral part of Mumbai, will see their final run on the streets of India’s financial capital on October 30, senior transport officials informed Autocar Professional.  This is a double blow to the city’s rich cultural heritage, as the iconic double-decker buses that served… Continue reading Mumbai’s Kaali Peeli taxis to ply for one last time on 30 October

Mumbai’s Kaali Peeli taxis to ply for one last time on 30 October

The iconic Indo-Italian Premier Padmini Kaali Peeli taxis, which have been an integral part of Mumbai, will see their final run on the streets of India’s financial capital on October 30, senior transport officials informed Autocar Professional.  This is a double blow to the city’s rich cultural heritage, as the iconic double-decker buses that served… Continue reading Mumbai’s Kaali Peeli taxis to ply for one last time on 30 October

Le Mans-winning Ferrari 499P spawns £4.6m track car

The firm remains tight-lipped on its 0-62mph time and top speed, but Ferrari racing driver Antonio Fuoco achieved 213mph during testing of the 499P racer, and it is expected that the more powerful 499P Modificata will at least match this figure. Ferrari said it was a “huge challenge” to engineer the powertrain so that the… Continue reading Le Mans-winning Ferrari 499P spawns £4.6m track car

Ferrari 296 Challenge is 690bhp V6 customer racer

Ferrari has unveiled the 296 Challenge as a record-breaking, track-only edition of the 296 GTB which ditches the hybrid system for a pure-petrol V6 with 690bhp. Presented at the 2023 Ferrari Finali, the firm’s celebration of its involvement in motorsport, it is the latest in a series of Ferraris developed specifically for the firm’s customer-only championship racing… Continue reading Ferrari 296 Challenge is 690bhp V6 customer racer