
This is how cheap Chinese cars are conquering the world
US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it
US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it
CEO Carlos Tavares repeatedly has said that electric vehicles cost 40% more to make than those that run on gasoline, and that the company will have to cut costs to make EVs affordable for the middle class
The report links aluminum — a material used in dozens of car parts — to the labor transfer programs, where workers reportedly face ideological indoctrination and limited freedom of movement
The company is bringing back some plug-in gas-electric hybrid models in the U.S., reversing a strategy to focus on electric vehicle
Cruise, the autonomous vehicle division of General Motors, fired nine executives after a robotaxi accident; Tesla recalled two million cars due to problems with Autopilot
None of Tesla’s workers anywhere in the world are unionized, raising questions about whether strikes could spread to other parts of Europe where employees commonly have collective bargaining rights
Ford, General Motors and others say they plan to provide adapters to customers whose EVs are now equipped with the CCS technology so they can plug into the Tesla network
Carmakers are racing to build batteries factories in the US, but are still years away from being able to produce an electric vehicle without materials and components from China
Ford re-issued full-year earnings guidance that was withdrawn during the strike, but it trimmed its expectations. The company now expects to earn $10 billion to $10.5 billion before taxes in 2023
The autoworkers’ union made an address to 150,000 employees at 13 manufacturers following its successful strike at Detroit’s Big Three
By June of this year the 12-month growth rate had slowed from 90% to about 50%, and automakers have become increasingly fearful that the pace will weaken further
There are several theories surrounding the origin of the American automaker’s brand identity, which has been used for more than a century
The company cuts the number of planned jobs by about one third to 1,700 from 2,500. The annual battery cell output will drop from enough for 400,000 vehicles per year to about 230,000
The deal implies strong wage increases and other benefits for employees of the Big Three, and its effect has extended to other companies in the sector
Of the four GM plants that went on strike, workers at only a large SUV plant in Arlington, Texas, approved the contract
Five large factories have turned down the four year and eight month deal by fairly large margins. Voting continues at Ford, where the deal is passing with 66.1%
Hyundai said Monday it will raise factory worker pay 25% by 2028, matching the general wage increase won by the UAW during that period
From Hollywood screenwriters to Spanish hotel workers, new spaces of collective struggle for labor rights are opening up
The Oct. 2 crash prompted Cruise to suspend driverless operations nationwide after California regulators found that its cars posed a danger to public safety
The agreements provide a blueprint for which cars and trucks they intend to build in the coming years and where they will do so
The UAW union will now seek to include workers from non-unionized factories, such as Tesla and foreign manufacturers like Toyota, Hyundai and Volkswagen
The contract with GM is similar to those reached by Ford and Stellantis. The deal will last four years and eight months and includes 25% general pay raises and cost of living adjustments
The new agreements with UAW, which include wage hikes and other concessions, will increase their labor costs and make a dent in their profits
Regulators in California revoked the license for Cruise after receiving reports of potential risks to pedestrians and passengers
Nearly 17,000 striking workers at Ford left the picket lines when the agreement was announced Wednesday night and will return to work shortly
The deal would include cost-of-living pay increases that could lift the total pay raises above 30% and would be used as a model to seek similar contract settlements with GM and Stellantis
Suspension of the Cruise robotaxi service comes just two months after another state regulator approved an expansion that authorized around-the-clock rides throughout San Francisco