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May 17, 2024
The outcome of a vote on Friday by workers at a Mercedes-Benz factory in Alabama will be a key referendum on whether the United Auto Workers can maintain momentum in the historically...
May 16, 2024
Federal regulators made a big move to require regional planning for interstate power lines, provoking an almost-certain court challenge.
May 16, 2024
Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying everything is on the table, according to a company memo seen by Reuters. ...
April 30, 2024
Elon Musks abrupt decision to lay off employees who ran Teslas electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Supercharger...
April 30, 2024
DETROIT (Reuters) -Elon Musk's abrupt decision to lay off employees who ran Tesla's electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Supercharger network, industry officials and analysts said on Tuesday. For now, General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans. Tesla's decision to open its network to rival EV man...
April 30, 2024
By Joseph White, Akash Sriram and Nora Eckert DETROIT (Reuters) -Elon Musk's abrupt decision to lay off employees who ran Tesla's electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Superc...
April 29, 2024
The United Auto Workers new labor contract with truck and bus maker Daimler Truck is likely to energize workers ahead of the unions next target in the U.S. South - organizing a Mercedes-Benz auto...
April 25, 2024
By Nora Eckert (Reuters) -Ford Motor Co posted first-quarter earnings on Wednesday that beat Wall Street's expectations, bolstered by a strong performance in its commercial vehicle division and an increase in its hybrid vehicle sales. The company said ...
April 23, 2024
DETROIT (Reuters) -General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 4.9% in pre-market trading. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM Chief Financial Officer Paul Jacobson said. Despite the company's struggles in China and with electric vehicles, strong vehicle pricing with gasolin...
April 23, 2024
United Auto Workers President Shawn Fain is moving quickly in the unions sweeping organizing push at U.S. plants across more than a dozen automakers after clinching an historic victory at a...