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☆ UAW strike cost GM $200 million in its first two weeks
▼ + stars: | 2023-10-04 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The United Auto Workers union strike has cost General Motors $200 million since the work stoppage began two weeks ago, the company said Wednesday. GM was relatively flush with cash heading into the strike, which started on September 15. During the second week, the UAW also went on strike at a series of 18 parts and distribution centers operated by GM as well as 20 at Stellantis. This week, GM arranged for a new $6 billion line of credit. GM lost $2.9 billion from a six-week strike the UAW waged against it in 2019.

Persons: Fairfax, Ford, ” Organizations: New, New York CNN, United Auto Workers, Motors, GM, UAW, Ford, Jeep, Dodge, Chrysler, GM’s Lansing Delta Township Assembly, GM Financial, Securities and Exchange Commission Locations: New York, , Missouri, Fairfax, Kansas City , Kansas, Wentzville, Stellantis, GM’s Lansing Delta Township, Chicago

☆ Ford makes new offer in US labor dispute, GM furloughs more workers
▼ + stars: | 2023-10-03 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The Dearborn, Michigan automaker said the new offer boosted wages for temporary workers, increased company 401(k) contributions and had further shrunk time needed to get to the top wage rate. UAW President Shawn Fain on Friday expanded the first-ever simultaneous strike against the Detroit Three to a GM Lansing, Michigan, plant and a Ford Chicago assembly plant, but Stellantis was spared after last-minute concessions. The UAW said on Monday it presented a new contract offer to General Motors (GM.N). Earlier Tuesday, GM said it furloughed 163 UAW workers at GM’s Toledo Propulsion Systems plant that makes transmissions for both the automaker's Missouri and Lansing Delta Township assembly plants that are on strike. On Monday, GM and Ford said they laid off another 500 workers at four Midwestern plants because of the impact of the strike.

Persons: Shawn Fain, Stellantis, Ford, Jim Farley, David Shepardson, Matthew Lewis, Chris Reese Organizations: Ford, United Auto Workers, UAW, Detroit, General Motors, GM, Chrysler, Propulsion Systems, Anderson Economic, Thomson Locations: Dearborn, Michigan, Lansing , Michigan, Ford Chicago, Missouri, Lansing Delta, Kansas, Ohio, Indiana, Washington

☆ GM furloughs another 163 workers due to UAW strike
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: 1 min

Oct 3 (Reuters) - General Motors (GM.N) said on Tuesday it was laying off another 163 workers in Ohio because of the ongoing United Auto Workers strike at two assembly plants and 18 parts distribution centers. The Detroit automaker said it had furloughed another 163 UAW workers at GM’s Toledo Propulsion Systems plant that makes transmissions for both the Missouri and Lansing Delta Township assembly plants that are on strike. GM said in total it has been forced to layoff 2,100 workers at five plants in four states including halting production at its Kansas car plant because of the strike. Reporting by David Shepardson Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: David Shepardson, Chris Reese Organizations: General Motors, United Auto Workers, Detroit, UAW, Propulsion Systems, Missouri and, GM, Thomson Locations: Ohio, Missouri and Lansing Delta, Kansas

New York CNN —General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday. General Motors said it was laying off 164 workers at stamping plants in Parma, Ohio, and Marion, Indiana. Ford said it laid off 330 workers at its Chicago Stamping Plant and Lima Engine Plant following the union’s decision Friday to strike its Chicago Assembly plant, which made the Ford Explorer and Lincoln Aviator SUVs. It had previously laid off 600 hourly workers at the Michigan Assembly plant in Wayne, Michigan who were not on strike. Those benefits for both strikers and laid-off UAW members will cost the union about $14.3 million a week, but it went into the strike with $825 million in its strike fund.

Persons: General Motors, Marion, ”, Ford, “ Organizations: New, New York CNN —, Motors, Ford, United Auto Workers, General, Lansing Delta, GMC, Traverse, Buick, Chicago Assembly, Ford Explorer, Lincoln Aviator, Michigan Assembly, Jeep, Dodge, Chrysler, UAW, Anderson Economics Group, CNN Locations: New York, Parma , Ohio, Marion , Indiana, Wentzville , Ohio, Lansing, Lansing , Michigan, Colorado, Parma, Fairfax, Kansas City , Kansas, Toledo, Lockport, Chicago, Michigan, Wayne , Michigan, Kokomo , Indiana

☆ UAW to expand strike at Ford and GM, Fain says
▼ + stars: | 2023-09-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The United Auto Workers union is expanding its strike to additional facilities of automakers Ford and GM, the UAW head said on Friday, adding that additional Stellantis members will not be called to go on strike. “We knew it was unlikely this was going to be quick,” Fain said on a livestreamed update. But, he said, “We’re excited about this momentum at Stellantis and hope it continues.”UAW President Shawn Fain said that Ford and GM have not made enough progress in meeting union demands, despite a strike that has gone on for 15 days. A week ago it added a series of 38 parts and distribution centers operated in 20 states by GM and Stellantis but did not expand the strike at Ford, saying that automaker had made significant progress in negotiations. As of noon Friday, there will be more than 25,000 UAW workers on strike, as Fain has called on an additional 7,000 members across Ford and GM to go on strike.

Persons: “, ” Fain, Shawn Fain, Ford, “ We’re, I’m, Fain, Joe Biden Organizations: New, New York CNN, United Auto Workers, Ford, GM, UAW, Chicago Assembly, Lincoln Aviator, Chevrolet Traverse, Buick Enclave, Chevy Silverado, Chrysler Locations: New York, Chicago, Lansing Delta, Michigan

☆ Dubai to start robotaxi trials next month in major autonomous push
▼ + stars: | 2023-09-27 | by ( Aimee Look | ) edition.cnn.com time to read: +3 min

Dubai hopes to become the first Middle Eastern city to introduce driverless taxis, Bahrozyan said. Autonomous taxis currently operate in several cities around the world, mostly in the US and China. Bahroyzyan said he foresees autonomous vehicles eventually making up the majority of the Middle East tourist hub’s taxi fleet. Selling and buying autonomous cars was also regulated. WeRide, a Chinese autonomous car technology company began trialing robotaxis in the UAE’s capital, Abu Dhabi, in 2022.

Persons: Ahmed Bahrozyan, Bahrozyan, ” Bahrozyan, “, Cruise, Bahroyzyan, GM’s Cruise, trialing, WeRide Organizations: UAE CNN —, General Motors, United Arab Emirates, Transport Authority, Cruise, CNN, RTA, ”, WeRide, Saudi Artificial Intelligence Company, Authority Locations: Abu Dhabi, UAE, UAE CNN — Dubai, robotaxis, Jumeirah, Dubai’s Roads, Dubai, Eastern, China, San Francisco, Dubai …, California, ” Dubai, robobuses, WeRide, Mecca

☆ Breakingviews: Carmakers will blink first in union standoff
▼ + stars: | 2023-09-22 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

REUTERS/Michael Swensen Acquire Licensing RightsNEW YORK, Sept 22 (Reuters Breakingviews) - Detroit will run out of road before its unions do. In 2019, when a UAW strike closed manufacturing at GM for 40 days, it reduced output by 300,000 vehicles and operating profit by $3.6 billion. The crux of negotiations probably will come down to wages, where Fain said Ford has budged, including the reinstatement of cost-of-living increases. With the UAW prepared to endure, Detroit will be pressured to blink. The union on Sept. 15 initiated targeted walkouts at three plants owned by the three Detroit vehicle manufacturers.

Persons: Sheila McGee, Michael Swensen, Shawn Fain, Fain, Ford, walkouts, Lauren Silva Laughlin, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav Organizations: Ford, UAW, REUTERS, Reuters, United Auto Workers, General Motors, GM, Ford Motor, Detroit, Thomson Locations: Louisville , Kentucky, U.S, Detroit, Wells

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

☆ Carmakers will blink first in union standoff
▼ + stars: | 2023-09-22 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

☆ Leaked UAW messages detail 'chaos' strategy
▼ + stars: | 2023-09-22 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —The United Auto Workers Union is prepared to strike automakers for “months,” according to leaked messages obtained by CNN. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. John Hatline, who has worked at General Motors for 49 years and has seen his fair share of strikes, told CNN before the strikes began that he thought targeted strikes can work.

Persons: Jonah Furman, Furman, they’re, Shawn Fain, Fain, ”, “, John Hatline, Hatline, ” “, Mark Truby Organizations: New, New York CNN, United Auto Workers Union, CNN, Communications, Big, UAW, Detroit Free Press, UAW Communications, General Motors, ”, Motors, Ford, Genal Motors Locations: New York, Detroit

☆ A core frustration unites striking workers: Exorbitant CEO pay
▼ + stars: | 2023-09-18 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Exorbitant CEO pay is a frustration shared by Hollywood creatives and Detroit autoworkers alike. Since 1978, the CEO compensation among America’s 300 biggest companies has gone up 1,460%, while the typical worker’s pay grew by just 18% (both adjusted for inflation), according to the Economic Policy Institute, a progressive think tank. Over the same period, CEO pay at the Big Three Detroit automakers — GM, Ford and Chrysler parent Stellantis — has jumped an average of 40%, or roughly how much of a raise striking workers are now demanding. But a company’s profit depends not only on bringing in hearty revenue, but also on keeping costs — including workers’ pay — low. CEO pay went up 40%… No one had any complaints about that, but God forbid the workers ask for their fair share,” he told CNN’s Jake Tapper last week.

Persons: New York CNN —, Hollywood creatives, Barack Obama, Adam S, Hersh, —, Mary Barra, Barra, Carlos Tavares, Jim Farley, Michael M, Shawn Fain, ”, CNN’s Jake Tapper, ’, ” Hersh, “, CNN’s Chris Isidore Organizations: New, New York CNN, Workers, Hollywood, Detroit, Economic Policy Institute, Chrysler, GM, Big Three Detroit, — GM, Ford, CNN, Guild of America, Los Angeles Times, UAW, “, EV Locations: New York, America, Barra, American, Kentucky, Tennessee

☆ UAW strike could buy GM time to address nagging EV issues
▼ + stars: | 2023-09-17 | by ( Paul Lienert | ) www.reuters.com time to read: +4 min

The company delivered just 1,348 Lyriqs and 47 Hummers in the second quarter, far below expectations, in part because of issues with battery module assembly. A longer strike could help GM address and potentially resolve some of those ongoing issues in its EV and battery operations, according to Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions. "A production stoppage could allow GM to solve bottlenecks,” Fiorani said. Wedbush auto analyst Daniel Ives said the strike was "a potential nightmare situation" for GM given it comes exactly at a key period of ironing out EV issues. In addition, the UAW strike in the United States could affect the flow of critical auto parts to GM operations in Canada and Mexico, which would hamper EV production there, Rinna said.

Persons: Jennifer Granholm, Jonathan Ernst, GlobalData, Mary Barra, Rory Harvey, Hummer, Sam Fiorani, Fiorani, GM's Barra, Bill Rinna, Daniel Ives, Ives, Rinna, GM’s Ramos, Paul Lienert, Deepa Babington Organizations: U.S . Energy, Washington Auto, REUTERS, Rights, General Motors, Ford Motor, UAW, Ford, Chevrolet Silverado, GMC Sierra, GM, GMC, AutoForecast Solutions, EV, Chevrolet Blazer, Thomson Locations: Washington , U.S, United States, Canada, Mexico, Ingersoll, Detroit

☆ How an auto workers strike 87 years ago transformed America
▼ + stars: | 2023-09-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

The workers, members of the tiny United Automobile Workers union founded just a year prior, sought to improve brutal working conditions at mighty General Motors, the world’s largest manufacturer. The UAW’s sit-down strike across GM plants lasted 44 days. The 44-day strike birthed the United Auto Workers union. The UAW is calling its new strategy a “stand up strike,” a reference to the sit-down strike that started 87 years ago, and has launched targeted strikes at selected plants. The sit-down strike also prompted unionization and a wave of strikes in other industries.

Persons: Sheldon Dick, —, Shawn Fain, “ Shawn Fain, ”, Thomas Sugrue, GM foremen, Steven Greenhouse, Tom Watson, Frank Murphy, “, Joseph McCartin, Emily Elconin, Fain, McCartin Organizations: New, New York CNN, General Motors, Fisher, United Automobile Workers, GM, United Auto Workers, UAW, Detroit’s, Motors, Ford, New York University, American Labor, ” Strikers, Chevrolet, NY, Getty Images Police, Management, Flint police, Michigan Gov, National Guard, New York Times, Magazine, Chrysler, “ Auto, Georgetown University, Bloomberg, Getty, Unions, Current UAW Locations: New York, Flint , Michigan, America, Europe, Flint, Bettmann, Ford, Wayne , Michigan

☆ GM CEO Marry Barra tells CNN she’s ‘frustrated’ about the strike
▼ + stars: | 2023-09-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that the offer includes pay raises up to 21%, job security and healthcare. “If you’re asking for more than the company made, I think that’s not a good position,” Barra pointedly said. The UAW referred to its targeted strike of three plants as a “Stand Up Strike,” which it called a strategic “new approach” to walking off the job. The strike came after the automakers scoffed at the union’s ambitious demands for increased wages, benefits and job protections for its members.

Persons: Mary Barra, she’s “, “, ” Barra, CNN’s Vanessa Yurkevich, Barra, Picketers Organizations: New, New York CNN — General, United Auto Workers, General Motors, Ford, Workers, Big Three, UAW Locations: New York, Missouri , Michigan, Ohio

☆ Buying a car? What the UAW strike means – and doesn’t mean – for auto sales
▼ + stars: | 2023-09-15 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

New York CNN —Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again. Auto sales hadn’t entirely recovered from the pandemic, but car shopping in the United States could change once more. The auto manufacturing crises of recent years have left auto dealers better prepared to deal with disruptions, said Scott Kunes, chief operating officer of Kunes Auto and RV Group, which owns more than 40 dealerships in the Midwest. It pays to be flexibleBefore the strikes started, auto dealerships had reasonably healthy inventories of new vehicles, according to Michelle Krebs, an analyst with AutoTrader. That means they’ll still have vehicles to sell for a few weeks, but, as the strike wears on, the choices available will start to dwindle.

Persons: They’re, Jonathan Smoke, Scott Kunes, ” Kunes, “, Kunes, Tyson Jominy, JD Power, Thomas Goldsby, Jominy, Michelle Krebs Organizations: New, New York CNN, United Auto Workers, Auto, Ford, GM, Cox Automotive, Kunes, RV Group, Toyota, BMW, Hyundai, Nissan, Volvo, Subaru, South Korean, JD, University of Tennessee, Trailblazer, Dodge, AutoTrader Locations: New York, United States, Michigan, Canada, Mexico, South Korea

But not all of the 146,000 UAW members at company plants are walking picket lines, at least not yet. Top-scale assembly plant workers make about $32 per hour, plus large annual profit-sharing checks. The Ford plant that's on strike employs about 3,300 workers, and it makes Bronco SUVs and Ranger midsize pickup trucks. Under the UAW strategy, workers who go on strike would live on $500 per week in strike pay from the union, while others would stay on the job at full pay. It’s unlikely the companies would lock the remaining workers out of their factories because they want to keep building vehicles.

Persons: Joe Biden’s, ”, Liz Shuler, Shawn Fain, Britney Johnson, It’s, Candace Bowles, “, Bowles, I’m, Fain, ” Fain, “ We’re, Ford, didn’t, Marick, ” Masters, “ They’re, Mary Barra, you’ve, Farley, Jeff Schuster, Stellantis, Schuster, ____ Williams Organizations: DETROIT, United Auto Workers, General Motors, Ford, “ Workers, AFL, UAW, GM, Fiat Chrysler, Toledo Jeep, Bronco, Chevrolet Colorado, GMC, Chevrolet Express, Wayne State University, U.S, CNBC, Global Locations: Wentzville , Missouri, Wayne , Michigan, Detroit, Toledo , Ohio, Toledo

A targeted strike could shut operations for each company, depending on which plants and facilities are struck. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. GM’s statement did not address what it planned to do if their operations are disrupted by a targeted strike.

Persons: Shawn Fain, Fain, Jeff Schuster, ”, “, ” Fain, Patrick Anderson, John Hatline, Hatline Organizations: Detroit CNN — United Auto Workers, General Motors, Ford, GlobalData, Jeep, Dodge, Chrysler, UAW, Anderson Economic, CNN Locations: America, Michigan, Detroit

DETROIT (AP) — Leaders of the United Auto Workers union are considering targeted strikes at a small number of factories run by each of Detroit's three automakers if they can't reach contract agreements by a Thursday night deadline. At the Tuesday meeting, Fain didn't say whether the union would target vehicle assembly plants or component factories, one of the people said. Strikes at parts plants could force production halts at multiple assembly factories. The union and companies have said they’re willing to talk in an effort to work out deals before the deadline. Yet there was optimism on both sides that they still could reach reach deals before the deadline.

Persons: Shawn Fain, Fain, Ford, “ We’ve, Mark Reuss, ” Reuss, it’s Organizations: DETROIT, —, United Auto Workers, UAW, General Motors, Stellantis, Automotive, U.S, Labor, GM, Ford, Fiat Chrysler Locations: Detroit, Stellantis, Korean

DETROIT (AP) — Stellantis is reporting progress in talks with the United Auto Workers union with just three days left before contracts expire with Detroit's three automakers. Stellantis released no details of its offer Monday. Political Cartoons View All 1148 ImagesUAW President Shawn Fain on Friday called counter offers from Stellantis, General Motors and Ford inadequate. “When the CEOs are ready to make a serious offer, we’ll be there, day or night,” he said. Stellantis offered wage increases in each year of a new four-year contract totaling 14.5%.

Persons: Tobin Williams, Stellantis, ” Williams, “, Shawn Fain, Fain, we’ll, ”, GM’s, we’ve, ” Fain Organizations: DETROIT, United Auto Workers, General Motors, Ford, Fiat Chrysler, France’s PSA Peugeot, UAW Locations: North America, Stellantis, Korean

☆ An auto strike looks likely. Should I buy a car now?
▼ + stars: | 2023-09-10 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

CNN —If you’re thinking about buying a new car, you might be warily watching news about a possible United Auto Workers strike. It depends on the vehicle you’re shopping for and on your own level of flexibility in that choice. New vehicle inventories are leaner than they’ve been before past strikes, said Pat Ryan, CEO of the car shopping site CoPilot, which closely tracks dealership inventories. So vehicle production at Mexican and Canadian factories could well shut down at some point if a strike drags on. In some ways, you might find this all somewhat similar to car shopping during the era of post-covid vehicle shortages, said Ryan.

Persons: Pat Ryan, —, “ They’ve, ” Ryan, Stellantis, Ryan, that’s, ”, Ivan Drury, Michelle Krebs, Thomas Goldsby, Stellantis’s, GM’s, “, you’re Organizations: CNN, United Auto Workers, Motors, Ford, Toyota, Honda, Hyundai, Chevrolet, GM, Dodge, GMC, Edmunds.com, AutoTrader, Ford Bronco, UAW, University of Tennessee, Factories, Chevrolet Trailblazer, Trax, Auto Locations: American, Mexico, Canada, United States, North America, South Korea, Italy, China

☆ Two neighboring Ohio factories - one new, one closed - could tell the future of US auto industry
▼ + stars: | 2023-09-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

The Lordstown plant opened in 1966; GM closed it just months before its contract with the UAW expired in 2019. The former GM plant in Lordstown, Ohio. The Ultium plant, just over a third of the size of the closed Lordstown plant, started building batteries last August. Justin Brown’s father worked at the Lordstown plant for nearly nearly 50 years; Brown, for 10 years. Some Ultium workers said they took the lower-paying job with the expectation that they would someday make GM-level pay.

Persons: Lordstown, ”, David Green, Foxconn, Fisker, Chris Isidore, isn’t, Eric Manaro, “, EVs, Ultium, autoworkers, “ It’s, Justin Brown’s, Brown, “ I’m, George Goranitis, it’s Organizations: Ohio CNN, Lordstown Assembly, Pentagon, Motors, United Auto Workers, GM, UAW, EV, Lordstown Motors, CNN, Ohio Turnpike, ”, LG, Ultium, Ford, “, General Motors, Big Locations: Lordstown, Ohio, It’d, Indiana, Lordstown , Ohio, Missouri, Spring Hill , Tennessee, Spring, Ultium

DETROIT (AP) — The United Auto Workers union on Friday rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees. Union President Shawn Fain told workers in a Facebook Live appearance that he filed proposals from Ford, General Motors and Stellantis in a wastebasket. Stellantis offered wage increases in each year of a new four-year contract totaling 14.5%. To handle inflation, Ford offered cost of living pay that he called severely deficient, while GM and Stellantis offered lump sums. All companies kept tiers of wages for factory workers but lowered the number of years needed to reach full pay, he said.

Persons: Shawn Fain, ”, Fain, Stellantis, counterproposal, GM’s, Mark Stewart, Stewart, ” Fain, “ Organizations: DETROIT, United Auto Workers, Detroit, Union, General Motors, Fiat Chrysler, Ford, France's PSA Peugeot, U.S, GM Locations: Ford, North America, Stellantis

☆ GM’s Counteroffer to UAW Shows Big Gap Remains as Strike Deadline Looms
▼ + stars: | 2023-09-07 | by ( Nora Eckert | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/gms-counteroffer-to-uaw-shows-big-gap-remains-as-strike-deadline-looms-dd76a766

Persons: Dow Jones Organizations: uaw

"Hybrid is a great alternative to a pure electric vehicle (and) it's an easier sell to a lot of customers." Interest in hybrids is rebounding as consumer demand for pure electrics has not accelerated as quickly as expected. Sales of pure electrics will claim about 37%, leaving combustion vehicles — including so-called “mild” hybrids — with a nearly 40% share. In addition to new pure electric models coming soon, "we are very bullish on hybrids going forward," a spokesperson said. Hyundai and sister brand Kia offer seven hybrid models, with Ford and Lincoln six.

Persons: Mike Blake, Tim Ghriskey, Ingalls, Snyder, ”, Sam Fiorani, Ford, Jim Farley, ” Farley, “, Stellantis, GlobalData, ” Stellantis, Andrew DiFeo, Augustine, Biden, “ I've, I've, Paul Lienert, Ben Klayman, Nick Zieminski Organizations: Toyota, Los Angeles Auto, REUTERS, Rights, Ford, Reuters, AutoForecast Solutions, P Global, General Motors, Chrysler Pacifica, U.S, Lexus, Hyundai, Kia, Lincoln, Chevrolet Corvette, Thomson Locations: Los Angeles , California, U.S, America, New York, St, Jacksonville , FL, Detroit

☆ OSHA Investigates Chemical Spill at GM’s Ultium Battery Plant in Ohio
▼ + stars: | 2023-08-22 | by ( Nora Eckert | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/osha-investigates-chemical-spill-at-gms-ultium-battery-plant-41a303af

Persons: Dow Jones Organizations: osha

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