UAW strike set to hit deep into the industry's supply base
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Unifor sets their sights on GM as next bargaining 'target'
September 25, 2023 2:57 PM EDTCanadian 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
September 25, 2023 2:37 PM EDTEuropean 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
September 25, 2023 8:21 AM EDTFord 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
