Toyota Shares Progress on Environmental Sustainability Targets in 2023 North American Report

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Over 1,000 VW workers sign union cards in Tennessee

December 7, 2023 10:34 AM EST

The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automakers Chattanooga, Tennessee assembly plant have signed union authorization cards.

The news follows an announcement last week where the union said that they would launch a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. A push energized by record contract negotiations with the Detroit Three automakers.

The UAW said last week that when 30% of employees in a nonunionized facility sign cards expressing their... More

Toyota (TM) plans to sell stake in Harmonic Drive Systems

December 6, 2023 10:37 AM EST

Japans Harmonic Drive Systems, a manufacturer specializing in speed reducers, announced on Wednesday that Toyota Motor (NYSE: TM) plans to sell complete ownership in the company through open market sales abroad.

The decision to sell these shares followed an announcement by the... More