UAW union warns of extended strike against major U.S. automakers

Unifor sets their sights on GM as next bargaining 'target'

Canadian union Unifor wasted no time in setting its sights on the next bargaining challenge, announcing General Motors (NYSE: GM) as its second "target" in contract talks with the Detroit Three. This strategic move comes just a day after the union successfully ratified a new... More

EU ministers reach compromise on vehicle emission regulations

European Union ministers reached a consensus on Monday to modify a European Commission proposition concerning new vehicle regulations. The decision came after eight countries, including France and Italy, expressed concerns that the proposed changes might redirect investments away from the electric vehicle industry.

The European Union has been progressively tightening emissions standards for road vehicles since 1992. The Commission's... More

Ford (F) is making strides but says 'significant gaps' remain in UAW labor talks

Ford Motors (NYSE: F) revealed this past Sunday that while negotiations between the Detroit automaker and the United auto Workers (UAW) union have made strides in certain areas, they still have "significant gaps to close" on key economic issues before they can finalize a fresh labor agreement.

The "issues are interconnected and must work within an overall agreement... More

Ford (F) gains as UAW announces progress in negotiations ahead of strike expansion deadline

Shares of Ford Motor (NYSE: F) surged by 4.4% in early trading following reports that the United Auto Workers (UAW) will announce substantial progress in its discussions with the automaker as we approach a Friday deadline for securing fresh labor agreements before the union potentially escalates its strike with the Detroit Three automakers.

shares of General Motors (NYSE: GM) were up 0.4%, giving back... More