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UAW escalates strike with surprise walkout at Ford (F) Kentucky plant

The United Auto Workers (UAW) union began a surprise strike against Ford Motor, specifically targeting the automaker's most profitable SUV and pickup truck production facility in Kentucky.

This unexpected strike started at 6:30 p.m. Eastern Time on Wednesday, disrupting operations at Ford's Kentucky Truck Plant. This facility is responsible for manufacturing Ford Super Duty pickups, along with the Ford Expedition and Lincoln Navigator SUVs. The workforce at this plant comprises 8,700 UAW members.

The strike raises places additional... More

Italian union cuts annual production forecasts for Stellantis (STLA)

Italy's FIM Cisl union on Wednesday revised its vehicle production outlook for Stellantis (NYSE: STLA) in Italy for the current year due to a recent deceleration in the market.

Presenting Stellantis' Italian production data for January to September, the union now anticipates the company's Italian output to reach approximately 730,000 vehicles in 2023.

While this represents a 6.4% increase compared to 2022, it falls short of the 800,000 vehicle projection that... More

Stellantis (STLA) and Samsung will build a 2nd joint EV battery plant in Indiana

Stellantis (NYSE: STLA) and South Korea's Samsung SDI Co Ltd revealed on Wednesday the two companies their plans to establish a second electric vehicle battery facility in Kokomo, Indiana, which happens to be the hometown of United Auto Workers President Shawn Fain.

The union leader is presently engaged in a dispute with the Detroit Three automakers regarding union representation in new battery plant establishments.

Stellantis and SDIs... More

General Motors (GM) reaches tentative agreement with Canadian union to end strike

General Motors (NYSE: GM) and the Canadian labor union Unifor have reached a preliminary agreement on Tuesday, just hours after union employees initiated a strike at three GM facilities.

The union revealed that this preliminary agreement aligns with the prior agreement Unifor had established with Ford Motor (NYSE:... More