Page 80 - Auto Workers News Today

Samsung SDI said Thursday it has posted a record-high revenue in the third quarter, driven by upbeat sales of electric vehicle batteries. In the July–September period, the company’s revenue surged 10.8 percent on-year to 5.9 trillion won ($4.4 billion), mostly boosted by increased sales of prismatic and cylindrical batteries cells for EVs which saw a 60 percent jump in profit and a 9.3 percent operating p...

Who is he?

The 2023 United Auto Workers strike against the Detroit Three auto makers just turned 41 days old, beating the most recent big walkout, in 2019.

A look at why, and how, the industry got here, and why it may be ending for one auto maker.

LAS VEGAS (PAI)—After working under expired contracts for more than a month, 40,000 Culinary Union Local 226/Unite HERE workers at 18 big hotels on the Las Vegas strip may be the next big group of workers to strike. They’ll preview their cause to the public with a mass rally on October 25.

UAW and Fords proposed agreement must be approved by union membership but Ford workers can return to work before that.

LG Energy Solution plans to boost production of price-competitive electric vehicle batteries -- including lithium iron phosphate (LFP) batteries -- in a move to expand its footing in the low-cost EV market dominated by Chinese rivals, the company said in its third quarter earnings call on Wednesday. “We plan to launch LFP batteries, and LFMP and manganese-rich batteries in 2026 and 2027, respectively to strengt...

The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union’s 6-week-old strikes.

Thousands of GM workers joined the picket line Tuesday as the UAW strike expanded, while hundreds of Stellantis employees were laid off after another one of its plants was added to the strike.

The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.