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☆ Ford lays off 700 who were building electric version of F-150
▼ + stars: | 2023-10-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

CNN —Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union. The company said overall demand for its electric vehicle lineup remains strong with a 65% increase in the third quarter. It has laid off nearly 2,500 workers so far, not counting those who had been building the Lightning. Workers laid off due to the strike are ineligible for unemployment benefits in most states. But the F-150 Lightning workers who are laid off will be eligible for both unemployment and sub pay, according to Ford spokesperson Jessica Enoch.

Persons: CNN —, Ford, Stellantis, Jessica Enoch, “, Shawn Fain, ” Organizations: CNN, CNN — Ford, United Auto Workers, Electric Vehicle, ”, Lightning, Ford, General Motors, Kentucky, GM, Workers, “ Locations: Dearborn , Michigan, Kokomo , Indiana

☆ Taylor Swift Eras Tour is the highest-grossing domestic concert film ever
▼ + stars: | 2023-10-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Box office analysts became Swifties in the lead-up to Taylor Swift's Eras Tour concert film release, estimating blockbuster-style opening weekend numbers. While the pop singer fell short of the $100 million benchmark, domestic ticket sales still topped $95 million, according to distributor AMC Entertainment. Already, the film has shattered records, becoming the highest-grossing concert film release domestically, surpassing Justin Beiber's "Never Say Never" film release, which hauled in $73 million over the course of its run in theaters in 2011, in a single weekend. Swift's Eras Tour film is also the widest-released concert film in history, arriving in more than 3,850 domestic locations during its debut. Initially, expectations said Swift could tally between $40 million and $60 million on Friday, on her way to an opening weekend draw of as much as $150 million.

Persons: Taylor, Swift, Shawn Robbins, Justin Beiber's, Miley Cyrus, There's, Robbins, Paul Dergarabedian Organizations: AMC Entertainment

☆ Jeff Landry wins Louisiana governorship, flipping the state for Republicans
▼ + stars: | 2023-10-15 | by ( Alexandra Marquez | ) www.cnbc.com time to read: +3 min

Louisiana Attorney General Jeff Landry testifies during the House Judiciary Select Subcommittee on the Weaponization of the Federal Government hearing on March 30, 2023. Democrats' two-term hold on the governorship of Louisiana will come to an end next year after Republican state Attorney General Jeff Landry won the seat Saturday by capturing a majority in an all-party primary. ET, running far ahead on a ballot that featured 16 candidates, including Democrats, independents and Republicans. The victory precedes two more red state governor's elections this fall, including one in which Republicans hope to flip a seat. He was also endorsed by Edwards, the state Democratic Party and Democratic Rep.

Persons: Jeff Landry, Landry, Andy Beshear, Tate Reeves, Shawn Wilson, Donald Trump, Wilson, Stephen Waguespack, John Bel Edwards, Trump, Sen, Bill Cassidy, Steve Scalise, Clay Higgins, Mike Johnson, Edwards, Troy Carter, Joe Biden Organizations: Federal Government, Republican, Associated Press, Democratic, Republican Gov, Democratic Gov, GOP, Democratic Party, Democratic Rep, Republican Governors Association Locations: Louisiana, Kentucky, Mississippi

☆ Justin Tucker kicks six field goals, fuels Ravens past Titans
▼ + stars: | 2023-10-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

October 15 - Justin Tucker kicked six field goals Sunday and the Baltimore Ravens held off a Tennessee Titans' rally in the second half to earn a 24-16 win in London. That became vital when Tennessee got a 38-yard field goal from Nick Folk with 38 seconds remaining. Tucker started the scoring with a 41-yard field goal at the 10:26 mark of the first quarter, followed by Folk kicking a 26-yard field goal for the Titans. That enabled Tucker to kick a 29-yard field goal as time expired, giving Baltimore an 18-3 lead at the break. Ravens safety Kyle Hamilton was ejected in the third quarter following a helmet-to-helmet hit on Titans wide receiver Chris Moore.

Persons: Justin Tucker, Tucker, Nick, Isaiah, Lamar Jackson, Ryan Tannehill, Derrick Henry, Jackson, Tennessee's Kyle Phillips, Del'Shawn Phillips, Kyle Hamilton, Chris Moore, Moore Organizations: Baltimore Ravens, Tennessee Titans, Tennessee, Nick Folk, Ravens, AFC, Baltimore, Folk, Titans, Thomson Locations: London, Baltimore, Pittsburgh, , Tennessee, Tennessee

☆ Autoworkers in Canada OK deal with GM
▼ + stars: | 2023-10-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Members of Unifor, the Canadian union that represents 4,300 workers at GM, voted 80% in favor of the new deal, which gives them base-wage increases of nearly 20% during the life of the deal and improves their pensions. Had the GM rank and file of Unifor voted down the tentative deal, the union was prepared to immediately resume the strike. Unifor members in three Ontario cities went on strike at GM just after the deadline at 11:59 p.m. Monday. We did that.”“Nothing worthwhile is ever easy – and labor negotiations are no exception,” Marissa West, president and managing director of GM Canada, said in a statement. The two deals in Canada stand in contrast to the strike against the US operations of GM, Ford and Stellantis.

Persons: New York CNN —, Unifor, Mack Trucks, ”, Lana Payne, “, ” Marissa West, we’ve, ” Unifor, Shawn Fain Organizations: New, New York CNN, General Motors, Unifor, GM, Ford, United Auto Workers, GM Canada, Canada, North American, Jeep, Dodge, Chrysler, UAW Locations: New York, Canada, Ontario, “, Stellantis

Six major candidates — four Republicans, one Democrat and one independent — are vying for the seat that is being vacated by Gov. With Edwards unable to run due to consecutive term limits, the election opens a huge opportunity for Republicans to win Louisiana’s top position. Louisiana is one of three states with a gubernatorial election this fall, along with Mississippi and Kentucky. State Rep. Richard Nelson withdrew from the race in September and endorsed Landry but will remain on the ballot per state election laws. With four significant GOP candidates vying for the position, Democrats are hopeful that Wilson, their sole major candidate, will succeed.

Persons: Donald Trump, John Bel Edwards, Edwards, Jeff Landry, Trump, Steve Scalise, Landry, Sen, Sharon Hewitt, Hunter Lundy, John Schroder, Stephen Waguespack, Bobby Jindal, Shawn Wilson, Richard Nelson, Wilson, Tim Temple, Republican Kyle Ardoin, Ardoin, Clay Schexnayder, Nancy Landry, Mike Francis, Gwen Collins, Brandon Trosclair Organizations: Republicans, Gov, Democratic, Republican, U.S, GOP, Democrat, Transportation, Development Department, State, Democratic Party Locations: BATON ROUGE, La, Louisiana, Mississippi, Kentucky, Lake Charles

[1/4] A United Auto Workers (UAW) union member wears a pin while picketing outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. It is in discussions with GM about the parameters of a deal to include battery plant workers under a master labor agreement. Analysts at Wells Fargo estimated that Ford will lose about $150 million per week in core profit from the Kentucky plant strike. Some analysts said the decision to shut down Kentucky Truck and other high-profit Detroit Three operations is a sign that the endgame could be starting in the labor dispute. The tens of thousands of Ford workers with no retirement security."

Persons: Luke Sharrett, Shawn Fain, “ We’re, ”, Fain, We're, Ford, Jim Farley's, Farley, ” Ford, Arthur Wheaton, Stellantis, Kumar Galhotra, who's, Todd Dunn, who've, Dunn, Galhotra, David Shepardson, Joseph White, Abhirup Roy, Pushkala Aripaka, Shivansh, Amna, David Gaffen, Jamie Freed, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, UAW, REUTERS, Rights, Detroit Three, Ford, Kentucky, General Motors, Chrysler, Detroit automakers, GM, Detroit, Cornell University, Reuters, Ford Bronco, EV, Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, F.N, Kentucky, Wells, Milan, Louisville, Ford's Michigan, Washington, Detroit, San Francisco, Bengaluru

[1/4] A United Auto Workers (UAW) union member wears a pin while picketing outside Ford's Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. ET (1400 GMT) with fallout still raining down from his surprise decision on Wednesday to strike Ford Motor's (F.N) Kentucky truck plant, the automaker's largest and most profitable operation worldwide. Last Friday, Fain said if needed, the UAW would strike the GM assembly plant in Arlington, Texas, that builds the Cadillac Escalade, Chevy Suburban and other large, high-priced SUVs. GM's Flint, Michigan, heavy-duty truck assembly plant is another potential strike target. It is in discussions with GM about the parameters of a deal to include battery plant workers under a master labor agreement.

Persons: Luke Sharrett, Shawn Fain, Fain, Ford, Kumar Galhotra, Todd Dunn, who've, Dunn, Galhotra, David Shepardson, Joe White, Jamie Freed Organizations: United Auto Workers, UAW, REUTERS, Rights, Detroit Three, Reuters, Chrysler, General Motors, Ford, GM, Ford Bronco, EV, Reuters Graphics Reuters, Thomson Locations: Ford's Kentucky, Louisville , Kentucky, U.S, F.N, Kentucky, Louisville, Arlington , Texas, Flint , Michigan, Ford's Michigan, Washington, Detroit

☆ Taylor Swift concert film draws $2.8 million from last-minute previews as theaters prepare for big opening weekend
▼ + stars: | 2023-10-13 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Taylor Swift fans had just eight hours to buy tickets for last-minute Thursday night previews of her Eras Tour concert film. Box office analysts don't see the small Thursday night haul as any indication of the potential success of Swift's film. Expectations are that Swift could tally between $40 million and $60 million on Friday, on her way to a an opening weekend draw of as much as $150 million. Swift's film is on pace to open in around 3,850 theaters, making it the widest domestic release of a concert film. AMC Entertainment, which is distributing the film, reported last week that presales for its theaters had already exceeded $100 million for the full run of Swift's film.

Persons: Taylor Swift, weren't, Paul Dergarabedian, Swift, Shawn Robbins, Miley Cyrus, Michael Jackson's Organizations: AMC, Marvel, Star Wars, AMC Entertainment Locations: Los Angeles , California

Until this week, Fain had announced all of the union's new strikes on Fridays, during what has become a weekly livestreamed update for union members. "We continue to believe the escalation at [Ford] this week is a sign the talks may be coming to an end. KY Truck is likely Ford's most profitable plant, and therefore the strike is the highest level of escalation, aside from a national strike," Wells Fargo analyst Colin Langan wrote in a Friday note. But the UAW's leaders may be looking one more step ahead, to the process of selling a tentative deal with Ford to their members. ), and that UAW members have secured the last few ounces of wage, benefits, and job protection concessions that they can get," Lache wrote Thursday to investors.

Persons: counterintuitively —, It's, Shawn Fain, Fain, Wells, Colin Langan, autoworkers, Wolfe, Rod Lache, Ford, Lache Organizations: DETROIT, United Auto Workers, Ford Motor's, Plant, Ford, General Motors, Chrysler, Street, UAW Locations: Kentucky

DETROIT (AP) — The United Auto Workers union isn't adding any factories to those that are now on strike, but its president says more walkouts could begin at any moment. But UAW President Shawn Fain told workers in a live video appearance that the companies started gaming the system, waiting until Fridays to make progress in bargaining. “We will be calling out plants when we need to, where we need to, with little notice,” Fain said on Friday morning. “We're not sticking to one pattern or one system of giving these companies an extra hour or an extra day. The UAW then made a surprise move on Wednesday, escalating the strikes by adding a huge Ford pickup truck and SUV plant in Kentucky.

Persons: Shawn Fain, ” Fain, “, Ford, Kumar Galhotra, ”, Galhotra, Fain, “ Ford, Wyatte Grantham Organizations: DETROIT, United Auto Workers, General Motors, Detroit, GM, Ford, UAW, Ford Blue, Philips Locations: Kentucky, Ford, New York

Now there is only one rule – pony up.”The announcement marks a tactical shift, Fain said. This is the first time that the union has gone on strike against GM, Ford and Stellantis at the same time. GM, Ford and Stellatis have all announced plans to shift from traditional gasoline-powered vehicles to electric vehicles, or EVs. All are expected to pay significantly less than UAW members at those engine and transmission plants are now paid. Details of what GM has agreed upon in relation to workers battery plant workers is not yet known, as GM has not confirmed the tentative agreement on the issue.

Persons: Shawn Fain, ” Fain, Fain, “ We’re, “, they’re, ”, Colin Langan, Ford, Kumar Galhotra, didn’t Organizations: CNN, Big, UAW, Kentucky, Plant, GM, Ford, Wells, Kentucky Truck Locations: Ford’s, Louisville, Wells Fargo

A newly remodeled Ford F250 Super Duty truck is displayed at the new Louisville Ford truck plant in Louisville, Kentucky, U.S. September 30, 2016. UAW President Shawn Fain on Wednesday ordered a strike at Ford's Kentucky Truck factory after Ford negotiators did not present a richer contract proposal. About 4,600 Ford workers could be idled because their jobs depend on production of Super Duty pickups and large Lincoln and Ford SUVs at Kentucky Truck, said Ford manufacturing vice president Bryce Currie. Already, 13,000 workers at Ford suppliers have been furloughed because of earlier UAW walkouts at two Ford assembly plants, Ford supply chain chief Liz Door said. Fain and other UAW officials called a meeting with Ford at on Wednesday evening and demanded a new offer, which Ford did not have, a Ford official said.

Persons: Bryan Woolston, Kumar Galhotra, Ford, Galhotra, Shawn Fain, Here’s, Fain, Stellantis, Bryce Currie, Liz Door, Chris McNally, Karine Jean, Pierre, Sam Fiorani, Glen Hauenstein, Wednesday's Ford, walkouts, Joe White, Abhirup Roy, David Shepardson, Priyamvada, Peter Henderson, Ben Klayman, Nick Zieminski, Matthew Lewis Organizations: Ford, Super, Louisville Ford, REUTERS, Rights DETROIT, United Auto Workers, UAW, Ford's Kentucky, Chrysler, Detroit, Kentucky, General Motors, Lincoln, White, AutoForecast Solutions, Reuters Graphics Reuters, Delta Air Lines, Delta, Detroit Three, GM, Stellantis, Thomson Locations: Louisville , Kentucky, U.S, WASHINGTON, Stellantis, Lincoln, Kentucky, Arlington , Texas, Flint , Michigan, Sterling Heights, Warren , Michigan, Detroit, Wells, Its Kentucky, San Francisco, Washington, Bengaluru

The UAW said that 8,700 union members at Ford's Kentucky truck plant went on strike after the union said the No. [1/4]United Auto Workers (UAW) members strike outside of Ford's Kentucky Truck Plant in Louisville, Kentucky, U.S. October 11, 2023. Even with Wednesday's walkout, only about 22% of the 150,000 UAW workers at the Detroit Three automakers are on strike. The walkout in Kentucky will put stress on Ford UAW members beyond the sprawling factory near Louisville. Workers at a dozen other Ford plants that supply engines, transmissions and other components to the plant could be furloughed.

Persons: Shawn Fain's, Fain, Ford, leadership's, UAW bargainers, Harley Shaiken, Shaiken, Wednesday's Ford, walkouts, David Shepardson, Joe White, Abhirup Roy, Heekyong Yang, Peter Henderson, Sayantani Ghosh, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three automakers, UAW, Ford, Duty, Lincoln Navigator, Ford Expedition, Kentucky, Detroit, Motors, Chrysler, Plant, Handout, Detroit Three, Ford UAW, Workers, University of California, GM, Stellantis, BlueOval SK, South Korea's SK, Thomson Locations: Ford's Kentucky, U.S, Kentucky, Arlington , Texas, Stellantis, Sterling Heights, Warren , Michigan, Detroit, Ford's, Louisville , Kentucky, Louisville, Berkeley, South, Tennessee, Washington, San Francisco, Bengaluru, Seoul

A newly remodeled Ford F250 Super Duty truck is displayed at the new Louisville Ford truck plant in Louisville, Kentucky, U.S. September 30, 2016. Analysts at Wells Fargo estimated that Ford will lose about $150 million per week in core profit from the Kentucky plant strike. Even with 8,700 workers at Ford's Kentucky Truck plant now on strike, less than a quarter of the 150,000 UAW workers at the Detroit Three automakers are now on strike. Ford warned on Wednesday that workers at a dozen other factories could be sent home because of the truck plant walkout. Its Kentucky truck plant, the company's most profitable operation, generates $25 billion in annual sales, about a sixth of Ford's global automotive revenue.

Persons: Bryan Woolston, Shawn Fain, Here’s, Fain, Stellantis, Chris McNally, Ford's, Flint, Sam Fiorani, Wells, Colin Langan, Ford, Fiorani, leadership's, Wednesday's Ford, walkouts, Joe White, Abhirup Roy, David Shepardson, Priyamvada, Peter Henderson, Jamie Freed Organizations: Ford, Super, Louisville Ford, REUTERS, Rights, United Auto Workers, UAW, Ford's, Stellantis NV, General Motors, Chrysler, Lincoln, Detroit, AutoForecast Solutions, Detroit Three, Kentucky, GM, Reuters Graphics Reuters, Thomson Locations: Louisville , Kentucky, U.S, Stellantis, Kentucky, Arlington , Texas, Sterling Heights, Warren , Michigan, Detroit, Wells, Its Kentucky, San Francisco, Washington, Bengaluru

DETROIT (AP) — The United Auto Workers union significantly escalated its walkout against Detroit's Three automakers, shutting down Ford's largest factory and threatening Jeep maker Stellantis. “Here's to hoping talks at Stellantis today are more productive than Ford yesterday,” Fain wrote on X, formerly Twitter, without saying what might happen. Ford's truck plant makes heavy-duty F-Series pickup trucks and large Ford and Lincoln SUVs, hitting the company's most lucrative products. The company, however, called the strike expansion “grossly irresponsible” and said it has made strong wage and benefit offers to the union. The Kentucky strike brings to 33,700 the number of workers on strike against the three automakers.

Persons: Shawn Fain, “ Here's, ” Fain, Fain, Ford hasn’t, “, ”, “ We've, they're, Marick, Masters, doesn’t, Sam Fiorani, Fiorani, Patrick Anderson Organizations: DETROIT, United Auto Workers, Detroit's, Stellantis, Ford, Lincoln, General Motors, UAW, Kentucky, Wayne State University, GM, Detroit automakers, AutoForecast Solutions, Anderson Economic, Suppliers Locations: Ford’s Kentucky, Louisville, Stellantis, Dearborn , Michigan, Kentucky, Michigan , Ohio , Illinois , Kansas , Indiana, New York, Lansing , Michigan

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. DETROIT – Ford Motor is "at the limit" of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday as contract negotiations continue for roughly 57,000 U.S. workers. "This offer was the exact same offer they gave us two weeks ago. Electric vehicle battery plants have been a major point of contention for the union in bargaining with all three of the Detroit automakers. Officially, because they're owned by joint ventures, the battery plants aren't and won't be covered by the automakers' agreements with the union.

Persons: Kumar Galhotra, Galhotra, We're, Shawn Fain, they're, Fain, They're, Ford Organizations: United Auto Workers, Plant, DETROIT, UAW, ., Detroit automakers, Ford, General Motors, GM Locations: Michigan, Wayne , Michigan, Kentucky, America, United States

☆ Why Tesla isn’t unionized
▼ + stars: | 2023-10-12 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Tesla workers earn on average about $55 an hour in wages and benefits, compared to $66 to $71 an hour at Detroit’s Big Three, according to industry estimates. In an aerial view, brand new Tesla cars sit in a parking lot at the Tesla factory on October 19, 2022 in Fremont, California. Brendan McDermid/ReutersThe union, Tesla Workers United, filed an NLRB complaint alleging the company illegally fired its supporters. Tesla is one of the most valuable companies in the world, and some production workers have become millionaires from their shares in Tesla, Musk has said. A Tesla Model X is worked on a factory line with Tesla X's and Tesla S's at the Tesla factory on Wednesday, July 18, 2018 in Fremont, Calif. Lea Suzuki/The San Francisco Chronicle/Getty Images“Tesla tries to make it seem like if you’re unionized you’re not going to get stock,” said Bryan Schwartz, a lawyer who has represented Tesla employees in lawsuits against the company, including an ongoing class action lawsuit for racial discrimination.

Persons: New York CNN — Tesla, Tesla, ”, John Logan, Justin Sullivan, Elon Musk, ” Logan, “, Risa Lieberwitz, Lieberwitz, Brendan McDermid, ” Lieberwitz, Musk, “ Musk, Lea Suzuki, “ Tesla, you’re, Bryan Schwartz, Mike Miller, Miller, Shawn Fain, Alain Jocard, Paul Sancya, Elon, ” Fain Organizations: New, New York CNN, United Auto Workers, Ford, General Motors, Tesla, UAW, EV, UAW doesn’t, San Francisco State University, Getty, Workers, Cornell University School of Industrial and Labor Relations, National Labor Relations Board, Companies, Employers, National Labor Relations Act, “, NLRB, Tesla Inc, Panasonic, Tesla Workers United, SpaceX, San Francisco Chronicle, “ Workers, AP, Detroit automakers, CBS Locations: New York, United States, Detroit, Fremont , California, America, unionize, Austin , Texas, Sparks , Nevada, Buffalo , New York, Buffalo, U.S, Tesla, Fremont , Calif, AFP

☆ A $150 million opening for The Eras Tour concert film? Don't doubt Taylor Swift
▼ + stars: | 2023-10-12 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

U.S. singer-songwriter Taylor Swift performs during her The Eras Tour concert at SoFi Stadium in Inglewood, California, on Aug. 7, 2023. Taylor Swift has sold out stadiums worldwide and now she's packing cinemas, with her sights set on a $100 million opening weekend for her The Eras Tour concert film — and that's on the conservative side. Box office analysts predict Swift's film could generate as much as $150 million during its debut this weekend, a figure that would make it the highest opening of a concert film ever, and also one of the highest openings of 2023. The film is expected to draw those who were unable to attend, as well as spark repeat viewings. "Given the unique nature of virtually every aspect of the marketing and theatrical release strategy of the Taylor Swift Eras Tour film, speculation is running rampant as to how massive the opening weekend will be," said Paul Dergarabedian, senior media analyst a Comscore.

Persons: Taylor Swift, Taylor, Shawn Robbins, Paul Dergarabedian, Swift Organizations: Instagram Locations: Inglewood , California, U.S, Canada

CAAT will assure that workers get defined benefits in retirement, CAAT and Unifor said. Separately, the UAW and companies have not agreed on the complex issues raised by new electric-vehicle battery plants owned by joint ventures. Under U.S. labor law, the UAW would have to organize the battery joint ventures, which are separate entities from the automakers. So far, Ford and Stellantis have not matched GM's proposal on battery plants. Three of four battery plants Ford plans will be operated as joint ventures with South Korean battery maker SK On.

Persons: Rebecca Cook, Ford, Stellantis, Olivia Mitchell, Mitchell, ”, Dana Muir, CAAT, Unifor, Shawn Fain, Joe White, Ben Klayman, Matthew Lewis Organizations: General Motors, REUTERS, Rights, United Auto Workers, Detroit Three, Ford Motor, Chrysler, UAW, Detroit's Big, GM, University of Pennsylvania Wharton School, Companies, University of Michigan, CANADA, Canada, Ford, Unifor, Canadian, CAAT, U.S, SK, Thomson Locations: Detroit , Michigan, U.S, Ontario, Arlington , Texas, Fain's, Kokomo , Indiana, United States, Korean, Detroit

Stellantis and SDI said their second joint battery factory in Indiana is scheduled to open in 2027, and could employ 1,400 workers. The two companies would have a combined annual production capacity of 67 gigawatt hours (GWh) at the Indiana production site, Samsung SDI said in a statement. The first joint plant is set to start production in the first quarter of 2025. For Stellantis, a second U.S. battery plant would help the company comply with U.S. Inflation Reduction Act domestic content rules that govern federal EV subsidies. Last month, Samsung SDI said it plans to invest 2.7 trillion won ($2.01 billion) to build its second joint battery plant with Stellantis.

Persons: Shawn Fain, Fain, Stellantis, Ram, Alfa Romeo, 1,340.6500, Heekyong Yang, Sharon Singleton Organizations: South Korea's Samsung SDI Co, United Auto Workers, Detroit Three, SDI, Samsung SDI, Chrysler, Jeep, UAW, General Motors, Ford, EV, GM, U.S, Peugeot, Citroen, Opel, Thomson Locations: SEOUL, South, KS, Kokomo , IN, Indiana, Toledo , Ohio, United States, Kokomo, Lordstown , Ohio, U.S, Europe

A Republican candidate, state Rep. Richard Nelson, withdrew from the race in September and endorsed Landry but will remain on the ballot per state election laws. Here’s a look at what to expect on election night:ELECTION DAYThe Louisiana state primary will be held Saturday. Neither Clinton nor Biden performed particularly well in Louisiana in the presidential elections: In 2016, Clinton won 38% of the statewide vote; in 2020, Biden won 40% of the statewide vote. In the 2019 Louisiana primary, 33 of the 164 races tabulated by the AP advanced to a runoff. These included the races for governor, secretary of state, five state Senate races and 24 state House races.

Persons: John Bel Edwards, Edwards, Sen, Sharon Hewitt, Jeff Landry, John Schroder, Stephen Waguespack, Richard Nelson, Landry, Shawn Wilson, Lake, Hunter Lundy, Donald Trump, Schroder, Trump, Hillary Clinton, Joe Biden, Clinton, Biden, outperforming, it’s Organizations: WASHINGTON, Gov, Republican, Democratic, GOP, Press, WHO, AP, Senate Locations: Louisiana, Lake Charles, New Orleans, Caddo, East Carroll, Madison, Tensas, Baton Rouge and New Orleans

They note that the job cuts have occurred mainly at factories that make parts for assembly plants that were closed by strikes. In one case, layoffs have been imposed at a factory that uses supplies from a parts factory on strike. The factories that have been affected by layoffs are in six states: Michigan, Ohio, Illinois, Kansas, Indiana and New York. UAW President Shawn Fain countered in a statement that the automakers were using layoffs to pressure the union into settling the strike. Once metal stamping factories that supply multiple assembly plants have produced enough parts for non-striking facilities, the companies would likely shut them down.

Persons: —, Sam Fiorani, Fiorani, ”, “, Bryce Currie, Shawn Fain, Fain, ” Fain, Ford, Stellantis, you've, Patrick Anderson Organizations: DETROIT, United Auto Workers, UAW, AutoForecast Solutions, Ford, General Motors, GM, Chevrolet Malibu, Sterling, ”, Anderson Economic, Suppliers Locations: Michigan , Ohio , Illinois , Kansas , Indiana, New York, Americas, Kansas City , Kansas, Wentzville , Missouri, Lockport , New York, Toledo , Ohio, Marion , Indiana, Parma , Ohio, Lansing , Michigan, Wayne , Michigan, Chicago, Sterling Heights, Livonia , Michigan, Cleveland, Lima , Ohio, Trenton , Michigan, Kokomo , Indiana, Toledo

The UAW said that 8,700 union members at Ford's Kentucky Truck Plant went on strike after the union said the No. For the past four weeks, UAW President Shawn Fain ordered new walkouts on Fridays in video addresses. Wednesday's move came as Ford and UAW bargainers were working to resolve differences on retirement security and union representation of Ford's future battery plants, a Ford official said. The Ford official said Shawn Fain and other UAW officials called a meeting with Ford at 5:30 pm ET on Wednesday and demanded a new offer. Before Wednesday's Ford announcement the union had ordered walkouts at five assembly plants, including two Ford plants, at the three companies and 38 parts depots operated by GM and Stellantis.

Persons: Stellantis, Shawn Fain, Wednesday's, Fain, Ford, leadership's, Harley Shaiken, Shaiken, Wednesday's Ford, walkouts, David Shepardson, Chris Reese Organizations: United Auto Workers, Detroit Three automakers, UAW, Ford, General Motors, Chrysler, UAW bargainers, Kentucky, Detroit, University of California, GM, Stellantis, Thomson Locations: U.S, Berkeley, Washington, Bengaluru

☆ UAW launches strike against Ford's Kentucky truck plant, signaling major escalation in labor fight
▼ + stars: | 2023-10-11 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT – United Auto Workers has unexpectedly expanded its U.S. strikes at Ford Motor to a highly profitable SUV and truck plant for the automaker in Kentucky. ET at Ford's Kentucky Truck Plant, where the automaker produces Ford Super Duty pickups as well as the Ford Expedition and the Lincoln Navigator. The union's decision to strike the plant, which is Ford's largest in terms of employment and revenue, is a major escalation in its targeted, or "stand up," strikes. Fain said the union expects Stellantis and Ford Motor to follow suit, including battery plant workers in eventual contract agreements. Only 25,200 workers, or roughly 17% of UAW members covered by the expired contracts with the Detroit automakers, are currently on strike.

Persons: Shawn Fain, Ford, leadership's, Jonah Furman, Shawn Fain's, Fain Organizations: DETROIT, United Auto Workers, Ford Motor, Ford, Ford Expedition, Lincoln Navigator, UAW, Ford's, Detroit, Detroit automakers, General Motors, EV Locations: Kentucky

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