Honda (HMC) offers U.S. workers 11% raise following UAW win
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Hyundai to raise hourly pay 25% by 2028 following UAW deal
November 14, 2023 2:19 PM ESTKorean automaker, Hyundai Motor announced Monday that the company will raise wages for nonunion production workers at its Alabama factory by 25% by 2028. The announcement comes weeks after the United Auto Workers (UAW) union won substantial concessions from the Detroit Three.
Hyundai follows Toyota Motor (NYSE:... More
SAIC-GM partner with Tesla (TSLA) for supercharger access in China
November 10, 2023 2:15 PM ESTSAIC-GM, a joint venture between SAIC Motor and General Motors (NYSE: GM), announced its plans to join forces with Tesla (NASDAQ: TSLA) for access to the EV automakers Supercharger Network by the close of 2023.
This groundbreaking collaboration positions SAIC-GM as the first... More
Honda To Boost Base Wages 11% for Many U.S. Factory Workers Following UAW Gains in Detroit - WSJ
November 10, 2023 10:22 AM ESTHonda To Boost Base Wages 11% for Many U.S. Factory Workers Following UAW Gains in Detroit - WSJ
... MoreThailand will work with Toyota (TM) to develop domestic EV industry
November 9, 2023 3:08 PM ESTThailand Prime Minister, Srettha Thavisin announced Thursday that the Asian country will work with Toyota (NYSE: TM) to develop the country's electric vehicle (EV) industry. The decision came after Minister Thavisin held a meeting with auto executives.
"Toyota said it sees the potential of Thailand's auto... More
Honda Motor (HMC) reports Q3 results; offers FY24 forecast
November 9, 2023 4:41 AM ESTHonda Motor (NYSE: HMC) reported Q3 EPS of JPY51.49. Revenue for the quarter came in at JPY4984.4 billion.
OUTLOOK:
Forecast FY 2024: Sales revenue ¥20,000B; EPS 189.64.
For earnings history and earnings-related data on Honda Motor (HMC) click here.
... More