UAW could expand strikes at Detroit Three on Friday
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UAW president calls for expanded strike; urges 7000 additional workers to join at noon
September 29, 2023 11:20 AM EDTUAW president Shawn Fain announced Friday morning that at noon today the UAW strike against Detroits biggest automakers will expand, adding an additional 7,000 workers to the walkout.
Fain stated that despite the UAW's willingness to bargain, Ford and GM have declined to make meaningful advancements during the discussions. Nevertheless, Fain clarified that... More
Stellantis (STLA) announces leadership changes
September 28, 2023 2:59 PM EDTStellantis (NYSE: STLA) announced Thursday the appointment of Emanuele Cappellano as COO of Stellantis South America, as well as Antonio Filosa to Jeep Brand CEO, replacing Christian Meunier who is taking a break to focus on personal matters.
Stellantis also announced the... More
Britain keeps timeline for 2035 fossil fuel Car phase-out despite delay
September 28, 2023 1:58 PM EDTBritain revealed Thursday that the country will continue with its previous timetable to eliminating fossil fuel-burning cars by 2035, mitigating the consequences of last week's five-year delay, which now mandates that petrol and diesel vehicles must incorporate hybrid engines.
This announcement means that the policy shift introduced last week by Prime Minister Rishi Sunak's will not generate as much disruption to the industry as manufacturers had... More
UAW union seeks minimum 30% pay increase - Bloomberg
September 28, 2023 11:54 AM EDTBloomberg reported Thursday that the United Auto Workers union is seeking a minimum 30% pay increase from Detroit's three major automakers.
Citing people familiar with the matter, the publication stated that 30% is the level the union feels will satisfy existing members and organize non-union plants. It is lower than the... More
UAW warns of expanded strikes if progress isn't made by Friday
September 28, 2023 8:08 AM EDTAs the United Auto Workers (UAW) union enters its 14th day of striking against the Detroit 3 automakers (GM, Ford, Stellantis), reportd have surfaced that the union may announce extended strikes if progress in negotiations hasnt been made by 10 a.m. on Friday.
The new deadline set by the union follows the UAW's decision to extend its initial strike actions against GM and Stellantis to include 38 more parts and distribution facilities, one week... More
