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It’s just three days to go before the expiration of the contract between the Detroit Three automakers — General Motors GM, Ford F and Stellantis STLA — and the United Auto Workers (UAW). The current UAW contract expires this Thurs
In an effort to stimulate purchases and keep demand afloat amid rising interest rates, Tesla (NASDAQ: TSLA) has implemented a series of price cuts across some of its most popular vehicles. Ranging from 15% to 18%, these lowered prices now appear on Tesla's bottom line as margins
Ionic Rare Earths said on Tuesday it has received UK government investment to build a commercial rare earth magnet recycling facility in Belfast that will supply Ford's electric vehicle production facilities in the country.
Morgan Stanley (NYSE: MS) is going all-in on Tesla (NASDAQ: TSLA). The firm raised its rating on the stock to Overweight from Equal Weight and set a new price target. The new target is $400 and the new high-price target among analysts. It is a 60% increase from Morgan Stanley’s
A prolonged coordinated strike by the United Auto Workers (UAW) union against the Detroit Three automakers could cut production by thousands, potentially pushing up vehicle prices and exacerbating supply-chain disruptions, analysts said.
The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers later this week if no agreement is reached over new contracts, setting the stage for one of the largest worker actions this year.
Chrysler-parent Stellantis said Monday it plans to make a new counteroffer to the United Auto Workers after the union made its own revised offer on Sunday ahead of the expiration of the current four-year labor deal Thursday night.
Chrysler-parent Stellantis said Monday it plans to make a new counteroffer to the United Auto Workers after the union made its own revised offer on Sunday ahead of the expiration of the current four-year labor deal Thursday night.
The United Auto Workers union is leveraging the power of social media to attract public support in demanding substantial wage increases for hourly workers as a deadline looms with the Detroit Three automakers.
What happened
After a dazzling debut in August, VinFast Auto (NASDAQ: VFS) stock is on an eight-day losing streak as of this writing. Shares of the electric vehicle (EV) manufacturer surged 184.7% in August, according to data provided by S&P Global Market Intelligence. That's
Chrysler parent Stellantis said Friday it offered U.S. hourly workers a 14.5% wage hike over four years in its offer to the United Auto Workers union ahead of a Sept. 14 contract expiration.
General Motors GM made a counterproposal to the United Auto Workers (UAW) to avoid a costly strike. However, the offer failed to meet the expectations of Shawn Fain, president of the UAW, who called the offer “insulting.”In its ne
The U.S. Treasury said on Friday it will provide guidance on additional clean energy tax incentives before the end of 2023, including a provision aimed at deterring companies from relying on Chinese supply chains.
(RTTNews) - Auto giant Ford Motor Co. (F) Thursday announced that it has raised the pay of 8,000 US hourly workers represented by the United Auto Workers union just a week before its union contract expires.
Canada's Magna International said on Thursday it expects to "roughly" double sales at its unit that manufactures electric powertrains and parts for electric vehicles this year, as automakers rush to roll out more affordable greener models.
Founders behind defunct self-driving startup backed by Ford and Volkswagen launched a new autonomous trucking firm, Stack AV, on Thursday with investment from Japan's SoftBank Group.
General Motors said on Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments over four years in its offer to the United Auto Workers union ahead of the Sept. 14 contract expiration.
Self-driving autos are gaining traction, and several companies are testing their robotaxi fleets. From one old-school automaker to a specialized AI chip giant, here are three prime stocks to play the autonomous driving industry.