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Ford, UAW negotiators reach tentative labor deal

(Reuters) -Ford Motor and United Auto Workers (UAW) union negotiators reached a tentative labor deal after a six-week strike, three sources familiar with the matter said on Wednesday, a 4-1/2-year contract that would provide a record pay boost. The deal, which needs approval by union leaders and members, would be the first settlement of strikes by 45,000 workers against Ford, General Motors and Chrysler-parent Stellantis that began Sept. 15. Including compounding and cost of living, workers w...
United States Sterling Heights Joseph White Shailesh Kuber Stellanti Ram David Shepardson
Source: yahoo.com

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Hyundai Motor posts highest Q3 earnings on upbeat US sales

Hyundai Motor Group said Thursday it hit record earnings in the third quarter thanks to all-time high sales in the US market. The company’s operating profit from July to September skyrocketed 146.3 percent from last year to 3.8 trillion won ($2.8 billion), its highest figure since 2011. Its sales revenue increased 8.7 percent to 41 trillion won in the same period. The world’s third-largest carmaker sold a...
United States Santa Fe Suvs Ford Motor Co Hyundai Motor Group Yoon Tae Sik Hyundai Motor

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