strikes
Panasonic strikes OK off checklist of potential battery plant websites
Panasonic introduced that Oklahoma is now not on its checklist of potential battery plant websites. Earlier this yr, the Japanese battery provider entered into an settlement with the State of Oklahoma concerning a possible cell manufacturing facility. The settlement gave Panasonic entry to about $700 million in capital funding, outlining the potential eligibility and phrases for incentives. […]
Tesla could possibly be ‘the following battleground’ for UAW amid Sweden strikes: analyst
Tesla (NASDAQ: TSLA) might very nicely be “the following battleground” for the UAW after this Fall’s strikes with Ford, Normal Motors, and Stellantis, based on Dan Ives of Wedbush. The analyst additionally mentioned that the automaker’s battle with Scandinavian unions, particularly in Sweden, has highlighted a possible for unions within the U.S. to focus on […]
Tesla Sweden vs IF Metall Strike Recap: sympathy strikes, lawsuits & extra [Editorial]
Tesla Sweden and IF Metall battle is hitting its third month, and rather a lot has occurred because it started. Tesla’s Lawsuits IF Metall has gained a whole lot of help inside Sweden from different commerce unions, together with Seko, which introduced Postnord into the strike. By Postnord, IF Metall struck Tesla with a giant […]
Ford Louisville staff being supplied unpaid go away amidst UAW strikes
Some Ford staff at an meeting plant in Louisville, Kentucky are actually being requested to take unpaid go away, simply weeks after the United Auto Employees (UAW) escalated strikes to incorporate a close-by truck plant. Based on a report from the Detroit Free Press, the publication obtained a letter Ford despatched to staff within the […]
GM and Ford to report Q3 2023 earnings as UAW strikes proceed
Normal Motors (GM) and Ford will report third-quarter earnings this week, coming amidst the sixth week of ongoing strikes and contract negotiations with the United Auto Employees (UAW) union. Rather a lot hangs on the stories, and the UAW will possible leverage any bullishness and successes in comparison with Wall Road expectations shared by the […]
Ford layoffs elevated at two vegetation attributable to ongoing UAW strikes
Staff represented by the United Auto Staff (UAW) have been placing in opposition to the Massive Three (Ford, Normal Motors (GM) and Stellantis) for over a month now, and layoffs attributable to provide chain disruptions have additionally been ongoing. Within the newest spherical of layoffs, introduced this week, Ford has let go of an extra […]
UAW strikes trigger extra layoffs amongst US auto suppliers
The continued UAW strike in opposition to the Detroit Huge Three is having a devastating impression on auto suppliers. As per a latest survey from MEMA Unique Gear Suppliers, almost 40% of auto suppliers have already laid off staff. Collected from October 9 – 11, 2023, the survey revealed the impression of the UAW’s ongoing […]
GM and Ford layoffs hit 4 extra crops as UAW strikes proceed
Basic Motors (GM) and Ford have introduced extra layoffs associated to the continuing United Auto Staff (UAW) strike, affecting as many as 500 staff unfold throughout 4 completely different crops. On Monday, Ford mentioned that it might furlough 330 staff throughout a stamping plant in Chicago and an engine plant in Lima, Ohio, in accordance […]
UAW to broaden strikes once more if negotiations don’t progress: report
In accordance with a brand new report, the United Auto Employees (UAW) union is threatening to escalate strikes to incorporate much more vegetation if negotiations with Ford, Common Motors (GM) and Stellantis don’t progress this week. The UAW plans to announce a further spherical of escalated strikes this Friday at 10 a.m. Jap if substantial […]
UAW escalates Stellantis, GM strikes forward of Biden go to
U.S. President Joe Biden says he’ll head to Michigan subsequent week to assist the United Auto Staff (UAW) strikes in opposition to Ford, Basic Motors (GM) and Stellantis. Biden says he’ll head to Michigan on Tuesday to assist the employees on strike, as introduced in a publish on X on Friday. The information additionally comes […]