While you may not have heard of specialty vehicle and parts maker REV Group Inc. (NYSE: REV), you’ve likely seen their products on the roads or heard of their brands. REV Group produces emergency response vehicles, including fire trucks, ambulances and rescue vehicles, public ve
Ford Motor's decision to hit the brakes on a planned $3.5 billion battery plant in Michigan highlights a challenge for Tesla's growing crowd of rivals in the U.S. market: Tesla is pushing most of them into unprofitable, low-volume niches.
The chairs of three U.S. House of Representatives committees demanded Ford Motor turn over documents tied to its partnership with Chinese battery company CATL and threatened to call CEO Jim Farley to testify before Congress.
What happened
The United Auto Workers (UAW) strike is spreading and deepening, and a very prominent ally has joined the union's side. On Tuesday, the share prices of the Big Three automakers, all of which are directly affected by the protest, sank as a result.
Ford Motor Company F announced that it temporarily put the work in its $3.5-billion battery facility in Michigan on hold. The plant makes economical lithium iron phosphate batteries. The automaker said that the plant would remain
Bringing solace to Ford F, the Canadian labor union Unifor has ratified a new three-year collective agreement with the Detroit-based automaker, which is concurrently engaged in negotiations with its U.S. union over improved pay an
Joe Biden and Donald Trump will speak to striking auto workers in rare back-to-back events in Michigan this week, highlighting how important unions are to the 2024 presidential election, even though they represent a tiny fraction of U.S. workers.
Although Tesla (NASDAQ: TSLA) shares are currently 40% below their all-time high, a level that was reached in late 2021, the disruptive industry leader has seriously rewarded its investors in 2023.
Joe Biden and Donald Trump will speak to striking auto workers in rare back-to-back events in Michigan this week, highlighting how important unions are to the 2024 presidential election, even though they represent a tiny fraction of U.S. workers.
(RTTNews) - Ford Motor Co. (F) has paused construction on a $3.5 billion plant in Michigan where it planned to make batteries for electric vehicles using technology from a Chinese company, media reported quoting a Ford spokesman said on Monday.
The United Auto Workers (UAW) strike could certainly affect General Motors GM and Ford F the longer it lasts but there appears to be much risk already priced into their stocks.
Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor.
In the latest trading session, Ford Motor Company (F) closed at $12.58, marking a +1.21% move from the previous day. This move outpaced the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.13%, and the tech-heav
Ford Motor said Monday it has paused work on a $3.5 billion battery plant in Michigan, citing concerns about its ability to competitively operate the plant.
Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor.
Nissan Motor Co said on Monday all its new European models will be fully electric and it plans to sell only electric vehicles (EVs) on the continent by 2030, joining a growing number of carmakers shifting to electric by the end of the decade.
Canadian union Unifor on Monday announced General Motors as its second bargaining "target" in contract talks with the Detroit Three, a day after ratifying a new three-year contract with Ford Motor.