UAW says GM outlines EV investment plans, will raise wages for US workers

[ad_1] [1/2]United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12,…

Marelli plant closure forewarns painful electric vehicle transition

[ad_1] 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…

Ferrari sees strong demand stretching into the distance

[ad_1] Ferrari Classiche cars are pictured in a garage at the Ferrari factory in Maranello, Italy, April 6, 2023. REUTERS/Alessandro Garofalo/File photo Acquire Licensing Rights Raises guidance for EBITDA in…

Berkshire Hathaway sells $25.8 mln worth of shares in China’s BYD

[ad_1] Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska,…

Canadian union Unifor ends strike after tentative deal with Stellantis

[ad_1] Oct 30 (Reuters) – Canadian union Unifor called off a brief strike that began early on Monday after reaching a tentative deal with Chrysler-parent Stellantis (STLAM.MI) that offers workers…

Stellantis renews China drive with $1.6 bln Leapmotor stake

[ad_1] [1/2]A view shows the logo of Stellantis at the entrance of the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo Acquire Licensing Rights Stellantis to acquire…

Stellantis nears deal to buy 20% of Chinese EV maker Leapmotor – Bloomberg News

[ad_1] A flag with the logo of Stellantis is seen at the company’s corporate office building in Saint-Quentin-en-Yvelines near Paris, France, May 5, 2021. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights…

Toyota lobbies India to cut hybrid-car taxes as much as 21% – letter

[ad_1] The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January 18, 2019. REUTERS/Anushree Fadnavis/File photo…

Exclusive: China’s Nio considers tapping dealers to boost EV sales in Europe – sources

[ad_1] A NIO ET5 car model and the NIO EP9 sports car are pictured at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc.…

Large number of EV cars should qualify for French subsidies, finance ministry official says

[ad_1] The rear light of a Dacia Spring electric car is pictured during the Brand Manifesto Dacia event at Le Bourget near Paris, France, September 13, 2022. REUTERS/Gilles Guillaume/File Photo…