UAW

General Motors (NYSE:GM) has put forward a proposal for the United Auto Workers members during an ongoing strike that has stretched on for over three weeks. The centerpiece of GM’s offer, which it announced Monday, is a 20% wage hike spread over the contract’s duration, which would...

This week began with UAW workers at Volvo Group (OTC: VLVLY)-owned Mack Trucks also going on strike, joining the UAW’s targeted strike against the Detroit Three automakers. Since walking out on September 15th, the strike against General Motors (NYSE: GM), Ford (NYSE: F) and Chrysler parent...

United Auto Workers (UAW) union will strike at Volvo Group-owned (OTCPK: VLVLY) heavy-duty truck maker Mack Trucks starting Monday for better wages, job security, and pension, among other demands. What Happened: The nearly 4,000 workers at Mack Trucks had received a tentative agreement from...

Shares of Detroit's "big three" automakers, General Motors Co (NYSE:GM), Ford Motor Co (NYSE:F), and Stellantis NV (NYSE:STLA) were trading higher Friday after United Auto Workers (UAW) president Shawn Fain announced crucial updates. What Happened: On Friday, Fain noted a significant change in...

On Monday, Tesla Inc (NASDAQ: TSLA) reported its vehicle deliveries slowed down during the third quarter, raising concerns about flagging demand. Also on Monday, Tesla EV rival, Rivian Automotive (NASDAQ: RIVN) topped quarterly delivery estimates as it more than doubled EV production. On Tuesday,...

The United Auto Workers (UAW) union strike against Detroit's Big Three has now expanded to more than 25,000 members. According to former President Donald Trump, the future looks bleak for America's automotive industry. "The autoworkers will not have any jobs, Kristen, because all of these cars are...

The ongoing United Auto Workers‘ battle with Detroit’s Big Three — Ford Motor Co (NYSE:F), General Motors (NYSE:GM), and Stellantis N.V. (NYSE:STLA) — has raised concerns about potential car price hikes. While Initially staggering, analysts...

With a United Auto Workers strike already throwing the Big Three Detroit automakers into disarray, Detroit is facing a second potential strike from another sector that represents a major revenue stream for the Motor City. Detroit Casino Workers Authorize Strike: Workers at the three...

The UAW strike enters day 18 with no end in sight, as more automotive factory workers join the picket lines. Ford Motor Company (NYSE: F) CEO Jim Farley is among the executives pushing back against the UAW demands. In a recent interview, Farley used a unique comparison to illustrate how much...

The EV market, at least in the U.S., is still the playground of Tesla Inc (NASDAQ: TSLA) with other automakers playing by the EV king’s rules. Yet, Tesla is basically selling only four EVs with the eagerly anticipated Cybertruck yet to have its debut by the end of the year. Although Tesla...

Volvo Group-owned (OTC:VLVLY) heavy-duty truck maker Mack Trucks and nearly 4,000 workers represented by the United Auto Workers (UAW) union reached an agreement on Sunday as they neared midnight. What Happened: The union informed via its social media handles that the workers at Mack Truck in...

Workers at some of Detroit's most iconic casinos, including MGM Resorts International's (NYSE: MGM) MGM Grand Detroit, PENN Entertainment, Inc.'s (NASDAQ: PENN) Hollywood at Greektown and MotorCity casinos, are gearing up for a potential showdown. ...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Friday offered a profound insight on why he receives backlash from both the United Auto Workers, or UAW, union and U.S. President Joe Biden. What Happened: “Judge someone by the virtues of those who love them and the vices of those who hate them,...

The United Auto Workers is extending its historic strike against General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F) Friday in a move that sees the addition of two more assembly plants and intensifies the pressure on the automakers to finalize a new contract agreement. Amid the ongoing labor...

President Joe Biden recently made history by being the first sitting president to join striking autoworkers on the picket line. Speaking through a bullhorn outside a General Motors Co. plant in Michigan, Biden voiced his support for the United Auto Workers union strike. "Wall Street didn't build...