Tag: Ford

Stellantis nears UAW deal after intensive talks

Both GM and Stellantis have agreed to match Ford on key economic terms including the 25% wage hike, but some final crucial issues including the use of temporary workers has been one of the final issues of discussion, the sources said. Chrysler parent Stellantis and the United Auto Workers were nearing a deal that could… Continue reading Stellantis nears UAW deal after intensive talks

Clean Technica: Decoding The Chaos In The Market For Electric Cars003073

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! These are troubling times for legacy automakers trying to make the transition to building electric cars. In the US, Ford and General Motors have both pulled back on their plans to manufacture electric pickup trucks. Now, Mercedes Benz said… Continue reading Clean Technica: Decoding The Chaos In The Market For Electric Cars003073

06:59 ETDana Incorporated Reports 2023 Third-quarter Financial Results, Achieves Robust Sales and Profit Growth, Maintains Full-year Sales and Profit …

Key Highlights Sales of $2.7 billion, an increase of $134 million or 5 percent over last year Net income attributable to Dana of $19 million, an increase of $107 million over last year Diluted EPS of $0.13; diluted adjusted EPS of $0.30, an increase of $0.06 per share over last year Adjusted EBITDA of $242… Continue reading 06:59 ETDana Incorporated Reports 2023 Third-quarter Financial Results, Achieves Robust Sales and Profit Growth, Maintains Full-year Sales and Profit …

20th (ICINCO) International Conference on Informatics in Control Automation and Robotics (Rome, Italy – November 13-15, 2023)

DUBLIN, Oct. 27, 2023 /PRNewswire/ — The “20th International Conference on Informatics in Control Automation and Robotics” conference has been added to  ResearchAndMarkets.com’s offering. The International Conference on Informatics in Control, Automation, and Robotics (ICINCO) serves as a vital forum uniting researchers, engineers, and practitioners with a shared interest in the application of informatics within the… Continue reading 20th (ICINCO) International Conference on Informatics in Control Automation and Robotics (Rome, Italy – November 13-15, 2023)

Is Toyota’s EPU truck the electric Ford Maverick rival we’ve been waiting for?

Toyota showed off an electric Ford Maverick-sized truck concept at the Japan Mobility Show this week. Is the Toyota EPU, or Electric PickUp, the midsize electric pickup we’ve been waiting for? For over three years, Toyota has been “secretly” developing the midsize EPU electric truck. Toyota built the model as an in-house design study, and… Continue reading Is Toyota’s EPU truck the electric Ford Maverick rival we’ve been waiting for?

Nissan wants to launch affordable EVs sooner as rivals delay plans

Although several automakers are pushing back plans to launch affordable EVs, Nissan is moving quicker to bring them to market. “We thought the process was step by step, but it has accelerated a lot faster.” Nissan’s CEO Makoto Uchida admitted that the EV market was “moving faster” than expected at the Japan Mobility Show this… Continue reading Nissan wants to launch affordable EVs sooner as rivals delay plans

GM, UAW may be nearing a labor deal after marathon negotiating session

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | Reuters DETROIT — Contract negotiations between the United Auto Workers and General Motors are reconvening midday Friday after intense talks occurred Thursday night and into the morning, according to sources familiar… Continue reading GM, UAW may be nearing a labor deal after marathon negotiating session

Ford shares fall 12% after earnings underline worries about costs and EV plans

Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images Shares of Ford Motor traded sharply lower Friday after the company reported earnings that missed estimates and said that demand for its electric vehicles was… Continue reading Ford shares fall 12% after earnings underline worries about costs and EV plans

GM, UAW in intensive talks to reach new contract

The Ford agreement, which still must be ratified by union members, includes a 25% wage hike over the life of the 4-1/2-year contract, a boost in retirement contributions, and the elimination of lower-pay tiers for workers in certain parts operations at Ford. Talks between General Motors and the United Auto Workers went on until about… Continue reading GM, UAW in intensive talks to reach new contract