Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract

[ad_1] NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and negotiations with the United Auto…

UAW launches union campaigns at Tesla, 12 other automakers in the U.S.

[ad_1] United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. …

GM says union labor deals will increase costs by $9.3 billion

[ad_1] United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan.  Bill Pugliano | Getty Images General Motors expects new labor…

Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise

[ad_1] Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology,…

Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers

[ad_1] Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT –…

UAW members ratify new contract with Chrysler owner Stellantis

[ad_1] United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland…

GM-UAW deal back on track for ratification after major plant approves pact

[ad_1] United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker’s full-size sport utility vehicles, in another expansion of the strike in Arlington,…

Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support

[ad_1] UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. …

Stellantis offers buyouts to roughly half of U.S. salaried workers

[ad_1] Carlos Tavares, Chief Executive Officer of Stellantis, poses during a presentation at the New York International Auto Show, in Manhattan, New York City, April 5, 2023. David Dee Delgado…

Trade Desk shares plunge about 30% on weak guidance tied to auto, Hollywood strikes

[ad_1] Jeff Green, CEO, The Trade Desk Scott Mlyn | CNBC The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue…