UAW in tentative deal to end labor strike with Stellantis but expands its strike at General Motors

[ad_1] DETROIT —The United Auto Workers union and Stellantis have agreed to a tentative deal following roughly six weeks of targeted U.S. labor strikes, the union announced on Saturday. The…

UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses

[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 –…

GM, UAW may be nearing a labor deal after marathon negotiating session

[ad_1] Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | Reuters DETROIT — Contract negotiations…

Ford shares fall 9% after earnings underline worries about costs and EV plans

[ad_1] Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022.  Jeff Kowalsky | AFP | Getty…

Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

[ad_1] DETROIT (AP) — The United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old…

Ford will postpone about $12 billion in EV investment as buyers become more cautious

[ad_1] Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC As a result, it’s…

Ford misses Wall Street’s Q3 expectations, pulls guidance due to UAW strike, pending deal

[ad_1]  2024 Ford F-150 Raptor Ford DETROIT — Ford Motor on Thursday missed Wall Street’s top- and bottom-line third-quarter expectations, as it continues to restructure its business operations and regroups…

Ford, UAW reach tentative deal to end labor strikes

[ad_1] UAW and Ford have reached a tentative agreement that could end a nearly six-week strike at the automaker, the union announced Wednesday night. The tentative agreement, which was first…

Ford, UAW negotiators reach labor deal, pending union leadership approval

[ad_1] United Auto Workers President Shawn Fain (right) and UAW Secretary-Treasurer Margaret Mock (left) lead a march outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan after the union called…

GM tops Q3 expectations but pulls full-year guidance due to mounting UAW strike costs

[ad_1] DETROIT — General Motors beat Wall Street’s third-quarter expectations on Tuesday, as it battles through ongoing labor strikes by the United Auto Workers union that’s costing the automaker roughly…