Wallbox (WBX) and Free2move eSolutions Collaborate to Accelerate EV Adoption in North America
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UAW President Fain holds Facebook live event - 'Our strike is working, but were not there yet'
October 6, 2023 2:36 PM EDTUnited Auto Workers (UAW) President Shawn Fain held a Facebook live event Friday afternoon where he announced his union has made significant progress in their effort to push automakers towards meeting the demands of workers.
Fain announced that moments before this broadcast General Motors (NYSE: GM) agreed to place their EV battery manufacturing under the UAWs national agreement, calling the decision a... More
NHTSA holds public hearing to recall 52M air bag inflators
October 5, 2023 1:46 PM EDTOfficials from the U.S. National Highway Traffic Safety Administration (NHTSA) Thursday recommended the government mandate a recall of 52 million air bag inflators manufactured by ARC Automotive and Delphi Automotive.
The regulators believe the inflators pose a potential risk of rupturing and ejecting metal fragments.
The NHTSA held a rare public hearing on the matter, which could trigger one of the most extensive recalls in U.S. history.
Delphi Automotive, which is a part of Autoliv (NYSE: ALV), produced approximately 11 million of these... More
General Motors (GM) makes counteroffer to striking UAW
October 5, 2023 1:17 PM EDTDetroit automaker, General Motors (NYSE: GM) revealed Thursday that they have submitted a counteroffer to the United Auto Workers (UAW), its sixth since talks began, in hopes to end a strike by the union against the U.S. automaker.
"We believe we... More
Wallbox (WBX) teams with Free2move eSolutions to accelerate EV adoption in North America
October 4, 2023 2:34 PM EDTEV charging and energy management solutions company, Wallbox (NYSE: WBX) announced Wednesday that they have partnered with Free2move eSolutions to promote the adoption of electric vehicles in North America.
Free2move is a joint venture with Stellantis (NYSE: STLA) created to design innovative... More
September auto sales surpass expectations despite challenges
October 4, 2023 8:36 AM EDTThe United States, in September, witnessed an impressive resurgence in the automotive industry, with the SAAR for light vehicle sales reaching a remarkable 15.7 million. This surge marked a 16.2% year-over-year increase, surpassing J.P. Morgans earlier projection of 15.4 million.
One contributing factor to the surge in auto sales is pent-up demand. Adverse weather conditions in several states during August may have led potential buyers to delay their purchases, resulting in an influx of sales the following month.
Another key factor driving strong performance is the greater availability of cars... More
