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Ford Delays Plant Reopenings Due To Coronavirus, UAW Says It's 'Right Decision'
Tuesday, March 31, 2020 - 9:20am | 542Read More...In March, Ford Motor Company (NYSE: F) shuttered its U.S. factories as the coronavirus pandemic, with plans to reopen plants as soon as April 6. Now, those plans are being recalculated. Ford Says Health, Safety Are First Priority Union officials had initially resisted the quick return to work...
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Fiat Chrysler, UAW Approve New 4-Year Contract
Wednesday, December 11, 2019 - 6:45pm | 512Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) employees have approved a four-year negotiated contract that guarantees the creation or retention of nearly 8,000 jobs and includes $9 billion in investments by the automaker in its U.S. manufacturing operations. What Happened The United Auto Workers...
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GM Sues Fiat Chrysler, Alleges Racketeering And Corruption In UAW Negotiations
Wednesday, November 20, 2019 - 2:43pm | 533Read More...General Motors Company (NYSE: GM) is suing rival Fiat Chrysler Automobiles NV (NYSE: FCAU), alleging Fiat executives bribed union officials to gain an advantage over GM in how its contracts were structured. The alleged corruption has also been the focus of a federal criminal probe into Fiat...
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Navistar Takes $140 Million Revenue Hit From UAW-GM Strike
Thursday, November 14, 2019 - 10:42am | 340Read More...Navistar International Corp. (NYSE: NAV) will book a $140 million hit to fourth-quarter revenue because of the six-week United Auto Workers' strike at General Motors Co. (NYSE: GM) Navistar builds Class 4-5 medium-duty pickups for GM and its International brand at its Springfield, Ohio, plant....
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UAW Workers Ratify Four-Year Contract At Mack Trucks
Tuesday, November 5, 2019 - 9:56am | 534Read More...The United Auto Workers voted 79% in favor of a new four-year contract at Mack Trucks following a 12-day strike that idled six facilities in three states and halted production at Volvo Trucks' only assembly plant in North America. Voting among union locals ended Sunday. The union walked out for...
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Ford, UAW Agree On Tentative Deal; Automaker Will Boost Wages, Investment In Plants
Monday, November 4, 2019 - 11:15am | 493Read More...Ford Motor Company (NYSE: F) will make billions in investments in its workforce and plants as part of a new contract reached with the United Auto Workers that provides pay increases and avoids a strike. It took just three days for the UAW and Ford to reach the deal, which remains subject to...
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General Motors Reports Q3 Earnings Beat, Cuts Guidance Due To Strike Impact
Tuesday, October 29, 2019 - 8:36am | 177Read More...General Motors Company (NYSE: GM) posted third-quarter earnings of $1.72 per share on Tuesday, which beat the analyst consensus estimate of $1.31. The company reported quarterly sales of $35.5 billion, which beat the analyst consensus estimate of $33.82 billion. GM cuts its fiscal year EPS...
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Mack Trucks Recovering Lost Production From UAW Strike
Monday, October 28, 2019 - 3:40pm | 610Read More...Mack Trucks is well on its way to making up lost production from a 12-day United Auto Workers' strike and sees state-level infrastructure spending buoying its off-highway vocational truck business in 2020. Order banks for Class 8 trucks are shrinking after 10 consecutive months of lower year-over-...
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How The General Motors Strike Could Impact October Jobs Numbers
Monday, October 28, 2019 - 9:55am | 508Read More...This is a big week on the economic calendar for U.S. investors, with the Federal Reserve interest rate decision expected on Wednesday and the October jobs number due out on Friday. Economists are looking for U.S. nonfarm payroll growth to drop from +135,000 in September to +105,000 in October...
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What The Truck?!? UAW Back In Mack, Dash Cams In The Sack, And Who Lead The Earnings Pack
Friday, October 25, 2019 - 4:58pm | 209Read More...Bang your cowbells into the weekend with What The Truck?!? As Dooner and special guest co-host Kyle Cunningham break down all the latest news in transportation including UAW and Mack getting back on track, Cummins talks climate with congress, small fleets not into the dash cam deets, JP talks the...
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UAW Ending 12-Day Strike Against Mack Trucks
Friday, October 25, 2019 - 10:51am | 496Read More...The United Auto Workers is ending its strike against Mack Trucks after 12 days. The first walkout in 35 years idled six facilities in three states and forced the layoff of 3,000 workers at Volvo Trucks only North American assembly plant. Mack Trucks announced the tentative agreement on Thursday...
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Volvo Trucks Will Lay Off 3,000 Workers Because Of UAW Strike At Mack Trucks
Thursday, October 17, 2019 - 4:37pm | 813Read More...The impact of a United Auto Workers' strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000 employees because of a lack of engines and transmissions that come from a Maryland plant the companies share. A Volvo Group spokesman on Thursday confirmed...
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UAW Reaches Tentative Contract Deal With GM
Wednesday, October 16, 2019 - 3:41pm | 401Read More...The United Auto Workers said Wednesday it has reached a tentative agreement on a new contract with General Motors Company (NYSE: GM), setting the stage to end a 31-day strike against the automaker. Full details of the agreement weren't disclosed. UAW GM Vice President Terry Dittes said in a...
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Here's How Much The General Motors-UAW Strike Has Cost Automaker, Workers
Tuesday, October 15, 2019 - 11:54am | 586Read More...General Motors Company (NYSE: GM) stock rose Tuesday on reports that CEO Mary Barra and President Mark Reuss joined contract talks with the United Auto Workers union, bringing hopes for a possible end to a strike that Bank of America Merrill Lynch said has cost the company more than $2 billion and...
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UAW Plans To Strike Mack Trucks For First Time In 35 Years
Monday, October 14, 2019 - 12:53pm | 552Read More...The United Auto Workers plans to strike Mack Trucks operations in three states on Sunday, the first walkout at the heavy-duty truck maker in 35 years. UAW Local 677 has 3,500 members at plants in Pennsylvania, Maryland and Florida. About 2,400 of the workers are in Lower Macungie Township in...
















