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Ford Reaches Tentative Deal With UAW, Workers Return

The Truth About Cars

Striking Ford employees are heading back to the assembly line today after the United Auto Workers (UAW) union reached a tentative labor deal with the company late on Wednesday. Say whatever you want about Ford. Since the strike began, Ford put 50 [percent] more on the table than when we walked out.

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On the Detroit auto display, worries and hope as UAW collision time limit nears

Baua Electric

It’s no longer “either we have a strong auto industry or workers are fairly compensated,” she stated. ” UAW President Shawn Fain stated Wednesday that the union will collision sure Ford Motor Co., Basic Motors and Stellantis NV vegetation launch early Friday. “We can and must do both.

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Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

In a pre-Christmas media event, Ford president and CEO Mark Fields said while 2014 was a good year for the company, 2015 has the potential to be a “ breakthrough year ”. In moving forward on that, Fields said, Ford will focus on five key areas of innovation: mobility, autonomy, connectivity, customer experience and performance.

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Tesla stock (TSLA) rises following GM NACS deal

Teslarati

Tesla shares ( NASDAQ:TSLA ) surged over 5% on Friday amidst investors’ positive sentiments following the announcement that General Motors would be joining Ford in adopting the Texas-based EV maker’s North American Charging Standard (NACS) for its electric cars.

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UAW strikes: GM shuts down Kansas plant and lays off 2,000 workers

Teslarati

General Motors (GM) has shut down a manufacturing plant in Kansas and laid off the site’s roughly 2,000 workers after the automaker stated plans to do so last week. The news comes as the latest amidst strikes from the United Auto Workers (UAW) union targeting Ford, GM and Stellantis. We have delivered a record offer.

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Protean Electric forms partnerships for global production of in-wheel drive motors

Green Car Congress

In-wheel electric drive startup Protean Electric ( earlier post ) has formed relationships with several leading companies in the global auto industry to accelerate its in-wheel electric drive systems to market in high-volume production. Protean’s in-wheel motors are designed for a broad range of vehicle applications.

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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

Relative to the last downturn, operating profiles are more resilient as a result of capacity reduction, lower fixed costs, and a more manageable labor cost structure linked to the recently ratified United Auto Workers (UAW) contracts. —“2012 Outlook: US Auto Manufacturers and Suppliers”. than was seen in 2010 and 2011.

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