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☆ GM can regain market share in China after hitting 20-year low, executive says
▼ + stars: | 2024-05-09 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Reuss also touted the competitiveness of GM's Chinese joint venture partners such as Wuling Motors. GM's market share in China, including its joint ventures, has plummeted from roughly 15% as recently as 2015 to 8.6% last year — the first time it has dropped below 9% since 2003. DETROIT – General Motors believes it can regain market share in China after hitting a roughly 20-year low last year amid changing market conditions and increased domestic competition, GM President Mark Reuss said Thursday. The market declines have spurred questions on whether GM would exit China, as it has other underperforming markets in recent years. The automaker said Steve Hill, currently GM's vice president of global commercial operations, would succeed GM China President Julian Blissett, effective June 1.

Persons: Mark Reuss, Reuss, " Reuss, Mary Barra, Steve Hill, Julian Blissett Organizations: Hamtramck Assembly, Wuling Motors, GM, Buick, DETROIT –, Motors, JV, Financial Times, Car, U.S . GM's, Chevrolet, China Locations: Detroit, Hamtramck, Michigan, China, DETROIT, U.S . GM's U.S

☆ What investors should know about the UAW's organizing drive of VW
▼ + stars: | 2024-04-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

"We're going to carry this fight on to Mercedes and everywhere else," Fain told VW workers Friday night following the historic vote. Impact on labor costsTop of the list of likely impacts from organizing efforts at VW is labor costs. But for the Big Three Detroit automakers — and their shareholders — the VW organizing drive could be a positive. GM, Ford and Stellantis have higher all-in labor costs than non-organized automakers such as VW. Fain on Friday said "the real fight begins now," referring to the expected negotiations between the union and VW.

Persons: Elijah Nouvelage, Alex Hertel, Fernandez, It's, Shawn Fain, Kelcey Smith, Kevin Wurm, Fain, Let's, Joe Biden, Evelyn Hockstein, there's, – Organizations: Volkswagen, Getty, DETROIT, United Auto Workers, UAW, Detroit union's, U.S . Department of Labor, Columbia University, Union, National Labor Relations Board, NLRB, VW, General Motors, Ford Motor, Chrysler, Detroit automakers, BMW, Honda, Hyundai, Mazda, Benz, Nissan, Subaru, Toyota, Volvo, Washington Post, Workers, Mercedes, UBS, Big Three Detroit automakers —, GM, Ford, Chamber, U.S, Capitol, Reuters Locations: Chattanooga , Tennessee, U.S, Vance , Alabama, Chattanooga, Washington , U.S, Detroit

☆ Why car insurance costs are skyrocketing and leading to higher inflation
▼ + stars: | 2024-04-11 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

RobertCrum | Getty ImagesDETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners. Auto insurance costs have been on the rise for some time, growing every month as part of the index since December 2021. However, auto insurance remains a small portion of the CPI, with a 2.85% weighting. watch nowThe insurance cost increases on inflation come more than two years after the Biden administration largely blamed used car prices for pushing inflation higher in January 2022. The cost of vehicle insurance — which is mandatory in almost every state — varies by provider, driver, coverage and location.

Persons: Sean Tucker, Kelley, David Sampson, Sampson, Biden, Mitchell, Power, —, it's, Price, Mark Garrett, — CNBC's Robert Ferris, Jeff Cox Organizations: Getty, DETROIT, U.S, Auto, U.S . Bureau of Labor Statistics, American, Casualty Insurance Association, CNBC, Progressive, Power's U.S . Auto Insurance, State Farm, Liberty Mutual Locations: U.S, Power's U.S, Geico, .

☆ Ford to delay all-electric SUV to focus on offering hybrid vehicles across its lineup by 2030
▼ + stars: | 2024-04-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor is delaying production of a new all-electric three row SUV, as it shifts to offer hybrid options across its entire North American lineup by 2030. The shift in EV plans is the latest for Ford and the entire automotive industry as adoption has been slower than many expected and production costs remain high. Ford last year said it would delay or cancel $12 billion in planned spending on new EVs due to the shifting market conditions as well as challenges to profitably building and selling the vehicles. In the first quarter of 2024, Ford's electric vehicle sales increased by 86% from subdued levels a year earlier. Hybrid sales for the automaker rose 42% year over year, while sales of Ford's traditional vehicles with internal combustion engines were up 2.6%.

Persons: Jim Farley Organizations: DETROIT, Detroit, Ford Locations: Detroit, EVs, Canada, U.S

☆ GM U.S. vehicle sales fall 1.5% during the first quarter, underperforming other major automakers
▼ + stars: | 2024-04-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – General Motors on Tuesday reported a 1.5% decline in first quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results. Retail sales to customers were up 6%, GM said. GM's sales are below expectations for the overall industry, which Cox Automotive forecast to be up 5.5% from a year earlier. Buick was the only GM brand to report a sales increase during the quarter, up 16.4% from a year earlier. GM reported sales of its full-size pickups totaled roughly 197,000 units, up 3.6% from a year earlier, during the first quarter – marking their best performance during that time since the first quarter of 2020.

Persons: Marissa West Organizations: DETROIT, Motors, U.S, Detroit automaker, GM, Cox, Buick, GMC, Cadillac, Chevrolet, GM North America

☆ UAW says VW workers at Tennessee plant file for union election
▼ + stars: | 2024-03-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – Volkswagen workers at a plant in Tennessee have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers, the union announced Monday. In 2019, VW workers at the Chattanooga, Tennessee, plant rejected union representation in an 833-776 vote. The Chattanooga plant is Volkswagen's only U.S. assembly plant and employs over 4,000 autoworkers who would be eligible to vote for union representation. "We will fully support an NLRB vote so every team member has a chance to vote in privacy in this important decision. By the end of the UAW contracts, top wages are expected to surpass $42 an hour for production workers.

Organizations: DETROIT, Volkswagen, National Labor Relations Board, United Auto Workers, U.S, UAW, Nissan, VW, NLRB, Detroit automakers, BMW, Honda, Hyundai, Mazda, Benz, Subaru, Toyota, Volvo Locations: Tennessee, U.S, Chattanooga , Tennessee, Chattanooga

DETROIT – General Motors' long-time head of manufacturing is retiring, and the company has hired a former Tesla and Google executive to fill his shoes. The Detroit automaker said on Tuesday that Gerald Johnson, executive vice president of Global Manufacturing and Sustainability, will pass the baton to Jens Peter "JP" Clausen, a former executive with Tesla, Lego and, most recently, Google. Johnson's departure isn't unexpected after a 44-year tenure with the automaker, however GM also announced another more surprising departure on Tuesday: that of Mike Abbott, executive vice president of software and services. Baris Cetinok, current vice president of product in software and services, has been named Abbott's interim replacement while a search is conducted. The company's board members include former Tesla President of Global Sales and Service Jon McNeill.

Persons: Gerald Johnson, Jens Peter, JP, Clausen, Johnson, Mike Abbott, Abbott, Baris Cetinok, Elon Musk, JB Straubel, Tesla's, Tesla, Gingko Bioworks, Jon McNeill Organizations: Motors, Global Manufacturing, Labor, DETROIT –, Google, Detroit, Sustainability, GM, Apple, Tesla, Softbank, company's, Technology, Global Sales Locations: Warren , Michigan, DETROIT, Nevada, Reno, Zymergen

☆ Ford sales jump 10.5% in February, led by gains in hybrids and EVs
▼ + stars: | 2024-03-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – Ford Motor's U.S. sales jumped 10.5% last month compared with February 2023, led by increases in its hybrid and all-electric vehicles sales. The Detroit automaker Monday reported sales of 174,192 cars and trucks for February. The company said hybrid sales totaled 12,045 in February, including 6,463 units of its small Maverick Hybrid pickup. Despite the increases in hybrids and EVs, 89.5% of Ford's sales last month were traditional cars and trucks in February. Ford reported total year-to-date sales through February were 311,325 units, a 6.6% increase compared with the same time period a year earlier.

Persons: DETROIT –, Jim Farley Organizations: Ford Motor Co, Washington Auto, Washington , D.C, DETROIT, DETROIT – Ford Motor's, Detroit, Ford, Automotive News, Rivals General Motors, Stellantis, CNBC PRO Locations: Washington ,

☆ Ford rolls out Tesla Supercharging for EVs. Here's what drivers need to know
▼ + stars: | 2024-02-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor is rolling out Tesla Supercharging capabilities to owners of its electric vehicles in the U.S. and Canada. The Detroit automaker was the first to announce a deal with Tesla to utilize the EV maker's Supercharger network. Under the deals, companies such as Ford will adopt Tesla's charging port for future EV models. In the meantime, an adapter is needed to connect non-Tesla vehicles, which utilize different charging technology, to Tesla's network. Tesla, which designed the adapter and is handling distribution of them to automakers, did not respond to request for comment on specifics.

Persons: Tesla, Ford, Ken Williams, Williams Organizations: DETROIT, Detroit, Ford, EV, U.S Locations: U.S, Canada, Ford

☆ UAW threatens to strike Ford truck plant in Kentucky if local issues aren't resolved
▼ + stars: | 2024-02-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – The United Auto Workers is threatening a labor strike at Ford Motor's largest U.S. plant if local union demands aren't resolved by next week. The Detroit union on Friday said nearly 9,000 UAW autoworkers at Ford's Kentucky Truck Plant could strike at 12:01 a.m. on Feb. 23 if local contract issues remain. The plant — Ford's largest in terms of employment and revenue — produces Ford Super Duty pickups as well as the Ford Expedition and the Lincoln Navigator SUVs. Local contracts differ from the national agreements that the union ratified late last year with Ford, General Motors and Chrysler parent Stellantis . The union said "core issues in Kentucky Truck Plant's local negotiations are health and safety in the plant, including minimum in-plant nurse staffing levels and ergonomic issues, as well as Ford's continued attempts to erode the skilled trades at Kentucky Truck Plant."

Persons: Shawn Fain, aren't, Ford's Organizations: United Auto Workers, Detroit, DETROIT –, Ford Motor's, UAW, Ford, Ford Expedition, Lincoln, General Motors, Chrysler, Kentucky Locations: Kentucky

☆ Ford CEO tells Wall Street to forget Tesla, says 'Pro' business is the future of the auto industry
▼ + stars: | 2024-02-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. DETROIT – Ford Motor CEO Jim Farley on Thursday urged Wall Street to forget about Tesla and its FSD driver-assistance systems as the future of the auto industry, arguing investors should instead focus on the Detroit automaker's "Pro" fleet business. Look at Ford Pro. Ford expects the Pro unit's pre-tax earnings to increase to between $8 billion and $9 billion this year, the automaker said earlier this month. Tesla does not break out revenue or earnings from its premium driver-assistance software, marketed as its Full Self Driving Beta, FSD or FSD Beta.

Persons: Jim Farley, Farley, It's Organizations: Ford Motor Co, Ford, Amperex Technology, DETROIT, Ford Motor, Detroit, Deere, Co, Ford Pro, Research, Pro Locations: Marshall , Michigan, Romulus , Michigan

☆ GM to spend $19 billion through 2035 to source EV battery materials from LG Chem
▼ + stars: | 2024-02-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – General Motors plans to spend $19 billion over roughly the next decade to source critical materials for use in electric vehicle batteries from LG Chem, the companies said Wednesday. The long-term supply contract will see LG Chem supply GM with more than 500,000 tons of cathode materials – include nickel, cobalt, manganese, aluminum – from 2026 through 2035, the South Korean supplier said in a release. LG Chem said it aims to "bolster cooperation with GM in the North American market" through the deal. Jeff Morrison, GM vice president of global purchasing and supply chain, said the "contract builds on GM's commitment to create a strong, sustainable battery EV supply chain to support our fast-growing EV production needs." The contract is likely one of the largest, if not the largest, EV supply deals that GM has signed.

Persons: LG Chem, Jeff Morrison Organizations: DETROIT, Motors, LG Chem, South, LG, GM, EV Locations: Tennessee, North America

☆ Ford's hybrid vehicle sales surge to offset EV decline in January
▼ + stars: | 2024-02-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks. The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by a 43% jump in hybrid sales and 2.6% uptick in traditional vehicles with internal combustion engines. The spike in hybrid sales is part of Ford's plan to double down on the technology. Despite the focus on hybrids, 90% of Ford's sales last month were traditional cars and trucks. Ford's stock has fallen about 1% in 2024.

Persons: EVs, General Motors Organizations: DETROIT, Ford Motor, Detroit, Ford, General

☆ GM to release plug-in hybrid vehicles, backtracking on product plans
▼ + stars: | 2024-01-30 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday. More companies are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to those federal fuel economy and emissions standards. Most of GM's main competitors offer traditional hybrids as well as plug-in hybrid electric vehicles. The only hybrid GM currently offers in the U.S. is a traditional hybrid version of the Chevrolet Corvette. GM led the way for plug-in electric vehicles with the Chevrolet Volt during the 2010s.

Persons: Mary Barra, Barra, Biden Organizations: Motors, DETROIT –, GM, Chevrolet Corvette, Chevrolet Locations: Detroit , Michigan, DETROIT, North America, China, U.S

Washington CNN —The United Auto Workers union on Wednesday endorsed President Joe Biden, a long-awaited announcement that is an important pickup for the president. Biden won the endorsement of the UAW in the 2020 campaign, even though many rank-and-file members supported Trump. Ahead of endorsing Biden, UAW President Shawn Fain said the choice union workers face in 2024 “isn’t about who you like. … Donald Trump stands against everything we stand for as a union – as a society.”The choice between Trump and Biden, Fain said, was clear. Trump has found support among the rank-and-file of the UAW despite Fain’s strong criticisms and union leadership’s consistent support of Democratic candidates.

Persons: Joe Biden, “, ” Biden, Biden, Donald Trump’s, Shawn Fain, isn’t, It’s, “ Donald Trump, ” Fain, that’s, … Donald Trump, Fain, “ Joe Biden, Donald Trump, ”, ” Trump, I’ve, Trump, –, Biden –, ” Shawn Fain, Ting Shen, Dan Kildee, ” Kildee, CNN’s Poppy Harlow, Joe Biden’s, Kildee Organizations: Washington CNN, United Auto Workers, Republican, GOP, UAW, Trump, Democratic Party, Great, Bloomberg, Michigan Democrat, Democratic, CNN, GM Locations: Washington ,, New Hampshire, Michigan, America, Israel, Gaza, Great Lakes State, Detroit

☆ Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant
▼ + stars: | 2024-01-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor is increasing production of its Bronco SUV and Ranger pickup, while cutting production of its all-electric F-150 Lightning, the automaker said Friday. Ford said the production changes are intended to match production with customer demand. They mark the latest cuts or delays to production of EVs amid slower-than-expected customer demand. Customers love the F-150 Lightning, America's best-selling EV pickup," Ford CEO Jim Farley said in a release. The automaker will be reducing production of the Lightning at its Rouge Electric Vehicle Center in Michigan to one production shift from two, impacting approximately 1,400 employees.

Persons: Ford, America's, Jim Farley Organizations: DETROIT, CNBC, Electric Vehicle Center Locations: Michigan

☆ Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise
▼ + stars: | 2023-11-21 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. DETROIT – Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers move to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs. Ford executives including CEO Jim Farley and Chair Bill Ford initially announced the facility in February. Reductions at the Marshall, Michigan plant are part of Ford's plans announced last month to cut or delay about $12 billion in previously announced EV investments. The company will also postpone construction of another electric vehicle battery plant in Kentucky.

Persons: Jim Farley, Bill Ford, Ford, Mark Truby Organizations: Ford Motor Company, Technology, Ford, Amperex Technology, U.S, Marshall Locations: China, Marshall , Michigan, Romulus , Michigan, DETROIT, Michigan, EVs, Kentucky

☆ Cadillac reveals its new entry-level EV, a compact crossover called the Optiq
▼ + stars: | 2023-11-17 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Cadillac's new entry-level electric vehicle will be a compact-sized crossover called Optiq, the company said Friday. The General Motors brand said the vehicle, which will be its fourth EV, will slot below the current entry-level Lyriq midsize crossover EV, which starts around $59,000. Cadillac declined to disclose pricing and other specifics of the 2025 Optiq, which is expected to go on sale in the U.S. as early as next year. A Cadillac spokesman confirmed Friday that the brand still plans to exclusively offer EVs by 2030, despite slower-than-expected demand for the vehicles. Its parent company, GM, subsequently set a target to exclusively offer EVs by 2035.

Organizations: DETROIT, General Motors, Cadillac, GM Locations: U.S, North America, China, Europe

☆ UAW members ratify new contract with Chrysler owner Stellantis
▼ + stars: | 2023-11-17 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

United Auto Workers members rally outside Stellantis' Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. DETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between the union and company, according to preliminary results posted Friday by the union. UAW members with Ford Motor are on pace to also ratify their agreement, but are continuing to vote Friday. The Stellantis deal received notable objection at the automaker's Jeep plants in Toledo, Ohio, with 55% of workers there opposing the deal. The contract ratifications come weeks after the automakers and the union reached tentative deals, ending roughly six weeks of targeted strikes by the UAW.

Persons: Stellantis, they've, ratifications Organizations: United Auto Workers, DETROIT – United Auto Workers, Chrysler, Detroit automakers, General Motors, UAW, GM, Ford, Stellantis Locations: Sterling Heights , Michigan, DETROIT, Illinois, Toledo , Ohio

☆ GM union workers ratify UAW deal following contentious vote
▼ + stars: | 2023-11-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – General Motors union workers ratified a record deal with the United Auto Workers after a contentious final few days of voting, according to results posted Thursday morning by the union. Ratification of the deal came under doubt Wednesday morning, after seven of GM's 11 U.S. assembly plants rejected the pact. But a swing in voting results in favor of the deal, specifically at a SUV plant in Texas, gave the agreement a much needed lifeline. According to the UAW's vote tracker, the deal was supported by roughly 54% of the more than 34,700 autoworkers at GM who voted. Results are still outstanding at two smaller GM facilities representing about 1,400 hourly workers, but wouldn't be enough to offset the roughly 2,500-vote margin.

Persons: they've Organizations: DETROIT, General Motors, United Auto Workers, Detroit, GM, UAW, Ford Motor, Chrysler Locations: Texas

☆ GM-UAW deal in jeopardy as voting goes down to the wire
▼ + stars: | 2023-11-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker's full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, October 24, 2023. DETROIT – Voting is going down to the wire on a tentative deal between the United Auto Workers and General Motors after roughly six weeks of labor strikes. A majority of UAW members at several major GM plants have voted against the pact, in most cases with a result of between 55% and 60% against. As of Wednesday morning, the UAW had not updated its vote tracker for GM to reflect several plants that voted against the deal. If the GM deal is voted down, UAW President Shawn Fain and other union leaders will need to decide how to proceed and secure a better deal for GM's union workers.

Persons: It's, Mack Trucks, Shawn Fain, Fain, Stellantis, Joe Biden Organizations: United Auto Workers, UAW, General Motors, DETROIT, Detroit automakers, Ford Motor, workforces, GM, Buick, Chevrolet, Workers, Fiat Chrysler, Ford, U.S Locations: Arlington , Texas, Michigan, Kansas, Kentucky, Missouri, Indiana

☆ Here's why the UAW's record deals with GM, Ford and Stellantis aren't getting full support
▼ + stars: | 2023-11-14 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

Workers at Chrysler-owner Stellantis are still in early voting but have so far largely backed the contract. GM's Spring Hill Assembly plant in Tennessee on Monday became the most recent major facility to vote against the contract, with 67.5% of UAW members rejecting it. Reasons behind the disapproval vary, according to industry experts and UAW members who spoke with CNBC. GM has had 52% of workers voting so far in support of ratification. He said these benefits remain a target for future bargaining when the tentative deals, if ratified, expire on April 30, 2028.

Persons: Jim Vondruska, they've, Stellantis, They're, There's, Shawn Fain, Brian Keller, Ford, Fain, we'd, Keller, Ray Curry, Timothy Orner, it's, Orner, China Jones, Wheaton Organizations: UAW, Getty, DETROIT, United Auto Workers, Detroit, Ford Motor, Motors, Workers, Chrysler, Ford, CNBC, GM, U.S, Louisville Assembly Plant, Worker Institute, Cornell University Locations: Chicago , Illinois, Hill, Tennessee, GM's Flint , Michigan, Kentucky, Stellantis, Toledo, China, Louisville

☆ Biden says all autoworkers deserve deals like those the UAW won from Detroit automakers
▼ + stars: | 2023-11-09 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden puts on a t-shirt of the UAW Local 1268 during a United Auto Workers (UAW) union members meeting, in Belvidere, Illinois, U.S., November 9, 2023. DETROIT – President Joe Biden said Thursday that all autoworkers deserve contracts like the ones recently won by the United Auto Workers from General Motors , Ford Motor and Chrysler-parent Stellantis . Biden, wearing a red UAW T-shirt given to him by a local union leader, said the deals won by UAW negotiators are "game changers" that set a "new standard" for blue-collar workers. "I'm a little selfish, I want this type of contract for all autoworkers," Biden said during a visit with UAW President Shawn Fain in Belvidere, Illinois. "I told my team, 'Make Stellantis know Belvidere is a priority,' so I got on the phone and let him know personally I thought it was a priority," Biden said.

Persons: Joe Biden, Stellantis, Biden, Shawn Fain, Mark Stewart Organizations: UAW, United Auto Workers, DETROIT, General Motors, Ford Motor, Chrysler, Stellantis North Locations: Belvidere , Illinois, U.S, Stellantis North America, Belvidere

Most Americans still have to commute every day. Jenn Ackerman for The New York TimesLike a majority of Americans, Ms. Hargreaves was unable to do her work at home. Source: American Community Survey Note: Average commute length for 2020 is not included. The average commute distance changed much less, an indication that commuters are driving faster — but also, more people are driving. “A lot of our choice riders, we're still working to influence them to re-choose transit,” Ms. Tucker said.

Persons: Torie Hargreaves, Jenn Ackerman, Hargreaves, Ms, That’s, Andrea Villanueva, Villanueva, The New York Times “, ” Christopher Wiese, Dr, Wiese, “ There’s, ”, Patricia Mokhtarian, John Goodwin, Rosalind Tucker, we're, Tucker, Aimee Lee, Lee Organizations: Atlanta Washington San, Mo . Chicago Minneapolis New, Mo . Chicago Minneapolis New York City Los Angeles Philadelphia Columbus Denver, The New York Times, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San Francisco Seattle Washington Midnight, Georgia Institute of Technology, Census, New York City –, Philadelphia –, Angeles –, Francisco –, Boston –, Seattle –, Chicago –, Denver –, Kansas City –, Miami –, Houston –, Minneapolis –, Washington –, Austin –, Dallas –, Atlanta –, Charlotte –, Columbus –, Nashville –, Detroit –, BART, area’s Metropolitan Transportation Commission, Labor Department, Atlanta Regional Commission, Lifeline, Chicago Metropolitan Agency for Planning, Regional Transit Authority, % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % Locations: Atlanta Washington San Francisco Boston Kansas City, Mo . Chicago Minneapolis, Mo . Chicago Minneapolis New York, Minneapolis, postpandemic, Atlanta, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City, Atlanta Austin Boston Charlotte Chicago Columbus Dallas Denver Detroit Houston Kansas City Los Angeles Miami Minneapolis Nashville New York City Philadelphia San Francisco Seattle, South Minneapolis, North Minneapolis, Boston, Chicago , Kansas City, San Francisco, Washington, New York, Francisco, area’s

☆ GM is expected to invest $13 billion in U.S. facilities under new UAW deal
▼ + stars: | 2023-11-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – General Motors plans to invest roughly $13 billion in U.S. facilities by April 2028, the United Auto Workers union said as part of its recent tentative agreement with the automaker. GM has already announced some of the planned investments such as $4 billion at Orion Assembly in suburban Detroit and $2 billion in Spring Hill, Tennessee, for new electric vehicles. GM was the last Detroit automaker to reach a tentative agreement following Ford Motor and Chrysler-parent Stellantis . GM's U.S. investments through the terms of the 4 ½-tear tentative compared to $8.1 billion announced by the union at Ford and $18.9 billion at Stellantis, including $6.2 billion in previously announced parts plants in Kokomo, Indiana. The details disclosed by the union for GM did not include billions in previously announced investments in four joint-venture battery cell plants in the U.S., including three upcoming facilities.

Persons: Mary Barra Organizations: United Auto Workers, UAW, General Motors, DETROIT –, Motors, GM, Orion Assembly, Detroit, Ford Motor, Chrysler, Ford Locations: Arlington , Texas, DETROIT, Detroit, Spring Hill , Tennessee, Lansing Grand, U.S, Kokomo , Indiana

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