EV Transition Threatens Global Auto Parts Makers
An industry official predicts suppliers will cut their workforce by about 20% due to the shift from internal-combustion vehicles to electric vehicles.
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An industry official predicts suppliers will cut their workforce by about 20% due to the shift from internal-combustion vehicles to electric vehicles.
A majority of GM's large assembly plants voted down the deal. Despite the president selling the agreement as an historic one, many have gone against it. Here's why:
The end of the UAW's historic strike could be near now that all Big Three automakers have tentative deals with the union. General Motors reached a tentative agreement with the UAW on Monday, following Ford and Stellantis.
Any final agreements from GM and Stellantis must be approved by union leaders and voted on by UAW members.
While Ford and the UAW came to a tentative agreement on Wednesday, Stellantis and General Motors strikers are anxiously anticipating their own historic deal.