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U.S. steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by buyers to restock following a brief halt in procurement before the strike at the Detroit Three automakers.

More than 60% of United Auto Workers union members at General Motors' Arlington, Texas assembly plant voted to approve a new labor deal, boosting the odds of passage, in what is the closest vote of the three Detroit automakers.

After extensive negotiations and a seven-week strike, the United Auto Workers (UAW) union reached tentative agreements with Detroit 3 automakers — General Motors GM, Ford F and Stellantis STLA. But despite achieving record contrac

Tesla (NASDAQ: TSLA) stock has taken quite the roller coaster ride in 2023. It has been as low as $108 and as high as $293 but currently sits at around $215 after a steady decline over the past few months. But the sentiment behind Tesla stock has also changed, as the company has

For years, a little-known company called Tooling & Equipment International has helped Tesla push back the frontiers of "gigacasting", the process it pioneered to cast large body parts for cars in one piece to save time and money. Until 2023, that is. TEI is now part of General Motors after agreeing a deal that may have flown under the radar but is a key part of the U.S. automaker's strategy to make up ground on Tesla.

Canoo on Tuesday slashed spending plans for the second half of the year amid a market slowdown for electric-vehicle (EV) sales and forecast a smaller core loss in a tight funding environment.

Workers belonging to the United Auto Workers (UAW) union at General Motors' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote tracker showed on Tuesday.

Workers belonging to the United Auto Workers (UAW) union at General Motors' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote tracker showed on Tuesday.

The WisdomTree U.S. LargeCap Fund ETF is seeing unusually high volume in afternoon trading Tuesday, with over 228,000 shares traded versus three month average volume of about 30,000. Shares of EPS were up about 1.9% on the day. Components of that ETF with the highest volume on

Warren Buffett's Berkshire Hathaway has been trimming EV stock exposure gradually amid multiple headwinds for the industry, including the price war initiated by Tesla. Here's the connection with a previous price battle Buffett mentioned at this year's annual Berkshire shareholder meeting, and what it means for investors now.

General Motors has formally registered with Formula One's governing body to provide power units for a proposed Andretti Cadillac team from 2028, the U.S. carmaker announced on Tuesday.

For Immediate Release Chicago, IL – November 14, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Ferrari RACE, Ford F, Alphabet's GOOGL and Mobileye MBLY.

Trucks and sport utility vehicles with hood heights greater than 40 inches are about 45% more likely to cause fatalities in pedestrian crashes than shorter vehicles with sloped hoods, according to new research from the Insurance Institute for Highway Safety.

United Auto Workers President Shawn Fain will tell a Senate Committee on Tuesday the union plans to aggressively organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers.

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Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the "strictest possible standards" to prevent Chinese-produced minerals or Chinese battery companies from winning electric vehicle tax credits.

Who is Ron Baron?

Luxury sportscar maker Ferrari said on Monday it would hire 250 people in the first six months of next year and announced progammes for workers including a new share ownership plan and an enhanced bonus scheme.

(RTTNews) - The labor agreement deal between Ford Motor Company (F) and the United Auto Workers (UAW) union has been rejected by the production workers of the Louisville assembly and Kentucky truck plants, according to sources from UAW Local 862 on Facebook.

Hyundai Motor said on Monday it will hike wages for nonunion production workers at its Alabama factory by 25% by 2028, weeks after the United Auto Workers won new contracts with the Detroit Three automakers.