What investors should know about the UAW’s organizing drive of VW
The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry. Source link
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Detroit
VW workers in Tennessee vote to join UAW in historic win for Detroit union
Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing
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Republican governors from six states condemn UAW campaigns, citing potential for layoffs
The joint statement was signed by governors in Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas. Source link
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GM plans to move headquarters to different building in Detroit: Reuters source
General Motors is moving its headquarters deeper into Detroit after spending more than 20 years in its home at the
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Why car insurance costs are skyrocketing and leading to higher inflation
On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose by 2.6%, to push
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GM U.S. vehicle sales fall 1.5% during the first quarter
The Detroit automaker said the decline was largely due to a 22.9% year-over-year decline in sales to fleet customers. Source
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What investors should know about the U.S. easing vehicle emissions rules
The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers can meet its new regulations.
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Chrysler parent Stellantis laying off 400 salaried U.S. workers due to ‘unprecedented uncertainties’
Stellantis on Friday the layoffs would affect about 2% of employees in certain units "after rigorous organizational reviews." Source link
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GM hires ex-Tesla, Google exec to replace retiring head of manufacturing
Gerald Johnson, executive vice president of global manufacturing and sustainability, will be replaced by Jens Peter "JP" Clausen, a former
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