UAW Prepares to Strike With Contract Talks Still Far Apart Ahead of Deadline
United Auto Workers President Shawn Fain said talks with automakers for a new labor contract are still far
2023-09-14 06:17
Vietnamese EV Maker Plans $1.2 Billion Indonesian Investment
VinFast Auto Ltd. plans to invest as much as $1.2 billion in Indonesia “in the long-term” as it
2023-09-13 15:25
China’s Homegrown Automakers Rise to Dominate Domestic Market
China’s demand for electric vehicles has delivered the nation’s homegrown carmakers a seemingly unassailable and irreversible lead over
2023-09-12 15:16
United Auto Workers Offers Slightly Lower Raise Demand to Detroit’s Automakers
The United Auto Workers has lowered its pay increase demand to 36% from 40%, but Detroit’s automakers don’t
2023-09-12 07:24
The 4 key reasons why the UAW could strike GM, Ford and Stellantis this week
Time is running short to avoid a strike at America's three unionized automakers, and the distance between the United Auto Workers union and the companies remains large.
2023-09-11 18:58
Tesla to Surge Thanks to Dojo Supercomputer, Morgan Stanley Says
Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster
2023-09-11 16:57
BMW Plugs £600 Million Into Electric Minis in Win for UK
BMW AG will invest in the 110-year-old plant where the Mini brand was born to make electric models,
2023-09-11 16:55
European Workers Not as Diligent as Koreans, LG Energy Says
South Korean battery maker LG Energy Solution Ltd. is struggling to ramp up production at its plant in
2023-09-11 12:28
Tesla and China Risk Leaving Volkswagen on a Road to Nowhere
Shortly after taking the most important job in German industry, Volkswagen AG Chief Executive Officer Oliver Blume got
2023-09-11 08:28
Even Brief UAW Strike Seen Causing Billions in US Economic Damage
Just when US automakers and the broader economy were shaking off the effects of the pandemic and semiconductor
2023-09-11 03:50
VinFast’s 504% Rally Burns Traders Playing Greater Fool Theory
Eleven interest-rate hikes by the Federal Reserve have done little to break the gambling fever gripping the US
2023-09-09 20:48
US Automobile Industry Faces High Sourcing Risk, Fed Study Finds
The US automobile industry faces some of the highest supply-chain risks, due to geopolitical factors and sourcing of
2023-09-09 06:57