Tag: Automotive industry
The latest news and live updates on the contract negotiations between Ford, General Motors, Stellantis and the United Auto Workers ahead of tomorrow’s potential strike.
Ford CEO Jim Farley rebuffed comments by United Auto Workers President Shawn that the company is not taking bargaining seriously.
The United Auto Workers (UAW) union on Wednesday made a labor contract counterproposal on economic issues to Ford Motor , while Chrysler parent company Stellantis planned its counteroffer this week.
The action covers airbags made by two companies and used by 12 automakers from 2000 to 2018. The parts were linked to seven injuries and one death.
Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires
The cuts are expected to significantly affect engineers in North America.
The automaker looks to cut costs as it spends heavily on the shift to electric vehicles.
The industry exported a record amount of vehicles and components in 2022, but the value of imports grew nearly 24%