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UAW Strike At Mack Trucks Could Impact Volvo Trucks Production
Monday, October 14, 2019 - 12:33pm | 439Read More...A United Auto Workers strike against Mack Trucks could soon impact assembly at the Volvo Trucks assembly plant in Virginia because both get engines and transmissions from the same Maryland facility. About 3,200 UAW-represented workers went on strike Sunday morning at plants in Lower Macungie...
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GM-UAW Strike Nears Third Week, Costing Thousands Their Jobs And The Company Millions
Saturday, October 5, 2019 - 9:45am | 514Read More...Pressure mounted Friday on General Motors Company (NYSE: GM) and the United Automobile Workers as a strike against the company nears the end of its third week amid concerns about lost profits and worries that frustration could make the talks harder. GM's stock has dropped by double digits since...
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6,000 Mexican Auto Workers Laid Off By The Ongoing UAW Strike Against General Motors
Friday, October 4, 2019 - 10:43am | 390Read More...The United Auto Workers union strike against General Motors Company (NYSE: GM) has forced GM to stop production at more factories across Mexico. General Motors announced it was shutting down its auto factory complex in the Mexican city of Silao as of October 1, due to the lack of needed components...
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What To Know About The UAW Strike Possibility At The Big 3 Automakers
Tuesday, September 3, 2019 - 3:35pm | 652Read More...Members of the United Auto Workers union overwhelmingly voted to give their leaders authorization to strike, if necessary, as the union negotiates this year with the "Big 3" American automakers: General Motors Company, (NYSE: GM), Ford Motor Company (NYSE: F) and Fiat Chrysler...
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5 Earnings Season Takeaways For Auto Investors
Wednesday, August 14, 2019 - 12:44pm | 587Read More...Strong sales in the U.S., especially in trucks, and a return to strength for an American icon, are among the big auto industry takeaways highlighted by Bank of America in a look at auto sector OEMs after the earnings season. Here’s a look at five takeaways from earnings season on the auto...
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This Day In Market History: 3,400 UAW Workers Walk Out Of GM Plant
Wednesday, June 5, 2019 - 7:22am | 371Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 21 years ago, 3,400 members of the United Auto Workers union walk out of their jobs at the General Motors Company (NYSE: GM) Flint, Michigan plant. Where The Market Was The...
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What To Know About GM, Lordstown And Trump
Monday, March 18, 2019 - 11:40am | 1041Read More...General Motors Company (NYSE: GM) said it will negotiate with the United Automobile Workers — and the UAW only — this fall to decide the fate of the recently shuttered Lordstown, Ohio, plant. But some stakeholders are growing impatient. “Why wait, start them now!”...
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Tesla And The Auto Workers Union
Thursday, February 16, 2017 - 2:15pm | 334Read More...Workers at Tesla Inc (NASDAQ: TSLA) are in contact with the United Auto Workers union. According to a Reuters report, UAW President Dennis Williams said the union is indeed in contact with Tesla's employees in Silicon Valley but this doesn't mean Tesla's workers will form a union....
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80th Anniversary Of The UAW Strike That Changed The U.S. Auto Industry Forever
Sunday, February 12, 2017 - 12:25pm | 345Read More...Exactly 80 years ago this week, the end of the Flint, Michigan sit-down strike marked the effective beginning of the United Automobile Workers (UAW) as one of the largest, most powerful labor unions in the country. The UAW formed way back in 1935, but the union picked General Motors Company (NYSE:...
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Tesla's First Union?
Monday, May 23, 2016 - 2:37pm | 331Read More...Just days after enduring yet another $2 billion equity offering, Tesla Motors Inc (NASDAQ: TSLA) may have a brand new headache to worry about: the United Auto Workers (UAW) union. UAW President Dennis Williams told reporters in Detroit last week that they are familiar with Tesla’s Fremont,...
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UBS On UAW Contract Negotiations: 'There Is Just A Lot More To Fight If You're Chrysler'
Tuesday, July 14, 2015 - 4:32pm | 330Read More...Formal negotiation for contracts of U.S. auto workers for the next four years begin this week between big auto makers and United Auto Workers (UAW) union, according to a recent report from Bloomberg. Fiat Chrysler Automobiles NV (NYSE: FCAU) may be the company that faces the most heat from...
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Exclusive: Is Tesla Motors Really Paying Gigafactory Employees $25/Hour?
Tuesday, April 14, 2015 - 3:45pm | 294Read More...The Detroit Free Press on Monday discussed Tesla Motors Inc (NASDAQ: TSLA)'s plan to pay its Gigafactory employees an average wage of $25 an hour at its site in Reno, Nevada. The publication cited an earlier report by the Reno Gazette-Journal in which Mike Kazmierski, CEO of the Reno-...
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Market Wrap For April 25: Markets Finish The Week In Negative Territory
Friday, April 25, 2014 - 4:44pm | 2200Read More...U.S. stocks declined as investors continue to follow the increasing tense situation in Ukraine as the markets pause for the weekend. Ukraine forces reportedly killed up to five pro-Russia rebels as the Russian military continues to conduct drills close to the Ukraine border. Additionally,...
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Marchionne Looks to Acquire Full Chrysler Ownership
Tuesday, May 28, 2013 - 11:31am | 239Read More...Sergio Marchionne, who serves as CEO of both Fiat (OTC: FIATY) and Chrysler, is looking buy six percent of the American car company from the US Treasury, leading to majority control, according to The Wall Street Journal. The Wall Street Journal also reported that the firm hopes to buy a stake...
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When the Shift Hits the Fan, What Will You Do?
Tuesday, September 27, 2011 - 2:43pm | 152Read More...It's amazing what one wrinkled newspaper can accomplish. In an unlikely headline gaffe that would make Jay Leno proud, it seems that the UAW is finally getting tough with Ford Motor Company (NYSE: F). Take a close look at the image, which appeared on apple.copydesk.org (and made its way to...














