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Automakers' contract negotiations will decide potential EV future for idled Illinois plant - Vimarsana News

Automakers' contract negotiations will decide potential EV future for idled Illinois plant

A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit's automakers as the manufacturers double down on cutting costs to fund an accelerated transition to electric vehicles. When the Stellantis factory in the northern Illinois town of Belvidere was idled in February, it left union members in shock as they had not expected the shutdown until June. "They wanted to reduce us even more which seemed like an impossible feat," Matt Frantzen, the local union president in Belvidere, said of the decision follo...

Source: yahoo.com
Belvidere: Automakers' contract negotiations will decide potential EV future for idled Illinois plant, ET Auto - Vimarsana News

Belvidere: Automakers' contract negotiations will decide potential EV future for idled Illinois plant, ET Auto

Belvidere: Detroit automakers and the United Auto Workers union are preparing for a contentious agenda as they begin negotiations to replace an expiring four-year contract mid-July. The union, led by UAW President Shawn Fain, has emphasised that jobs must not be lost because of the shift to Electric Vehicles, while executives have warned that billions of dollars will be lost on EVs.

AlixPartners: Legacy OEMs Should Worry About China's Edge in Tech - Vimarsana News

AlixPartners: Legacy OEMs Should Worry About China's Edge in Tech

Auto industry investment firm AlixPartners says legacy automakers are losing market share in China by not offering the latest ADAS technology.

AlixPartners: Auto industry must 'radically' change to compete with Chinese players - Vimarsana News

AlixPartners: Auto industry must 'radically' change to compete with Chinese players

For much of the last decade, electric-vehicle leader Tesla Inc. has been the disruptive force in the automotive industry. But in the coming years, Chinese automakers are likely to become

Car prices aren't going down. Automakers are just finally building something other than expensive trucks. - Vimarsana News

Car prices aren't going down. Automakers are just finally building something other than expensive trucks.

In addition to the $80,000 pickup or SUV chock-full of the top tech afforded by the highest trim levels, automakers are finally selling cheaper cars.

Source: yahoo.com