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☆ GM to delay all-electric truck production at Michigan plant until late-2025
▼ + stars: | 2023-10-17 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. A GM spokesman did not immediately respond to a request for comment regarding the company's EV production target. Alongside the Silverado EV, Factory Zero is currently building the GMC Hummer EV pickup and SUV and Cruise Origin shuttle. The plant was expected to be its second U.S. assembly plant to exclusively produce EVs. Roughly 1,000 hourly workers at Orion Assembly will have the option to transfer to other Michigan facilities until the retooling at Orion Assembly is completed.

Persons: Kimberly Fuhr, Motors, GM's Organizations: UAW Local, Bolt, General Motors Orion Assembly, DETROIT –, GM, Orion Assembly, Motors, Orion, United Auto Workers, UAW, Chevrolet Silverado, GMC, Silverado, Silverado EV, CNBC Locations: Orion Township , Michigan, DETROIT, Michigan, Detroit, North, Sierra

DETROIT (AP) — General Motors will delay electric pickup truck production at a factory near Detroit due to slowing U.S. demand for electric vehicles, to better manage its capital investments, and to make some engineering changes. Political Cartoons View All 1211 ImagesGM already is building a Chevrolet Silverado work truck at its “Factory Zero” electric vehicle plant, which straddles the border between Detroit and the enclave of Hamtramck. August EV sales were up almost 60% from a year earlier, but in September, the year-over-year growth rate dropped to 56%, according to Motorintelligence.com. But that transition is a lot more difficult and takes more time.”Still, Fiorani predicted that EV sales growth won't recede much, but the rate of increase won't be as high as it was previously. ____This story has been corrected to show that the electric vehicle sales growth rate in September was 56%, not 51%.

Persons: Kevin Kelly, ”, Kelly, it's, Kelley, Tesla, Chevrolet Bolt, Sam Fiorani, Fiorani Organizations: DETROIT, —, Motors, Silverado, GMC Sierra, United Auto Workers, Orion, Chevrolet, Workers, GMC, EV, GM, Factory Zero, AutoForecast Solutions Locations: Detroit, Orion Township , Michigan, Michigan, Hamtramck, U.S, . U.S, That's

☆ GM postpones electric truck production
▼ + stars: | 2023-10-17 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —General Motors is putting off adding a second factory for production of its electric pickups until late 2025, the automaker announced Tuesday. But GM had planned to start producing the electric pickups at an additional Michigan factory, Orion Assembly just north of Detroit, as well. Instead, when those electric vehicles go out of production at the end of this year, the factory will not shift quickly to making the trucks. General MotorsGM’s decision will result in fewer electric pickups being built next year but the automaker declined to discuss the extent of a reduction. GM had announced, in 2022, that it would spend $4 billion to convert Orion Assembly to make the electric trucks.

Persons: Bolt, Ford, Joseph Yoon, GM Organizations: CNN —, Motors, Silverado, Hamtramck Assembly, GMC Hummer, GMC Sierra EV, GM, Orion Assembly, Chevrolet Bolt, United Auto Workers, Orion, Chevrolet Silverado EV, General Motors, UAW, Ford, ”, Edmunds.com Locations: Detroit, Michigan

The move is the latest sign that electric vehicle production and demand may not be as strong as forecast. GM had been set to begin production of the electric Chevrolet Silverado and GMC Sierra in late 2024 at the suburban Detroit plant. Ford said in July it would slow the ramp-up of electric vehicle production and forecast a full-year loss of $4.5 billion on its EV unit. GM still plans a significant boost in EV production in 2024 including adding a new shift at a Detroit-Hamtramck factory that is currently building EV SUVs and pickup trucks. General Motors said on Tuesday it still plans to end production of the Chevrolet Bolt EV at the end of 2023.

Persons: Rebecca Cook, Ford, General Motors, Ben Klayman, David Shepardson, Will Dunham, Franklin Paul, Chizu Organizations: General Motors, REUTERS, Rights, General Motors Co, GM, Silverado, GMC Sierra, Reuters, United Auto Workers, Detroit -, GMC Sierra EV, General, Chevrolet, Thomson Locations: Detroit , Michigan, U.S, Orion, Detroit, Ohio, Detroit - Hamtramck, United States, Washington

☆ Canadian autoworkers union Unifor ratifies GM labor deal
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +2 min

The Canadian union, which represents about 4,300 workers at GM in these talks, said 80.5% of its members at facilities in Oshawa, St. Catharines and Woodstock voted in favor of the deal. The deal with GM followed the pattern set with Ford Motor (F.N), which settled with Unifor last month. In the United States, about 9,200 members of the United Auto Workers (UAW) union have affected two GM assembly plants and 18 parts distribution centers. GM also has furloughed about 2,300 U.S. workers due to the impact of the UAW strike. Unifor has used the "pattern bargaining" approach in its talks, reaching a deal first with Ford and then picking GM as the second bargaining target.

Persons: Claude Robitaille, Unifor, Shivansh Tiwary, Nathan Gomes, Mrinmay Dey, Ben Klayman, Matthew Lewis, Diane Craft, Sandra Maler Organizations: Chevrolet Silverado, General, REUTERS, General Motors, Canadian, GM, Woodstock, Ford Motor, United Auto Workers, UAW, Ford, Chrysler, Thomson Locations: Oshawa, Oshawa , Ontario, Canada, United States, St, Catharines, Ingersoll , Ontario, Bengaluru

☆ 2023 Chevrolet Camaro: A Muscle Car’s Final Bow
▼ + stars: | 2023-10-13 | by ( Dan Neil | ) 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/lifestyle/cars/2023-chevrolet-camaro-review-a-muscle-cars-final-bow-d4c6dbb7

Persons: Dow Jones Organizations: chevrolet

☆ Tesla's dominance in the EV market is fading — and all hinges on the Cybertruck
▼ + stars: | 2023-10-12 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +4 min

Tesla needs the Cybertruck to claw back market share from other brands. After years of little-to-no competition, Tesla's EV dominance is being tested. Four years later, the Cybertruck finally arrives in an increasingly crowded EV market and, for the first time, as a late-arriver to its electric truck segment. Even as total EV sales in the US hit a record high in the third quarter, Tesla's share fell to a record low of 50%, according to Cox Automotive . AdvertisementAdvertisementTesla's first foray into the lucrative truck market is supposed to hit consumer driveways any day now , and it couldn't be coming at a better time.

Persons: Tesla, —, Tesla's, that's, It's, Cox, Musk, Sam Fiorani Organizations: Service, Elon, Cox Automotive, Ford, GM, Volkswagen, Hyundai, Chevrolet, AutoForecast Solutions, Tesla

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

Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. Unifor said it would go on strike at GM's Oshawa assembly complex, St. Catharines powertrain plant and the Woodstock parts distribution center, all in Ontario. Members at the CAMI Assembly Plant in Ingersoll, Ontario, are not on strike because they are covered by a separate agreement. GM has lost 34,176 vehicles of production since the start of the UAW strike, according to an estimate by Deutsche Bank. The UAW has struck two GM assembly plants in the United States and 18 parts distribution centers.

Persons: Mark Blinch, Unifor, Wells Fargo, Wells, Lana Payne, Shivansh Tiwary, Jyoti Narayan, David Shepardson, Mark Potter, Matthew Lewis Organizations: General Motors, REUTERS, General, GM, St, Chevrolet, Chevrolet Silverado, GM North America, Ford Motor, Unifor, United Auto Workers, UAW, Deutsche Bank, Ford, Chrysler, Unions, Thomson Locations: Oshawa, Canada, U.S, St, Catharines, Woodstock, Ontario, St . Catharines, CAMI, Ingersoll , Ontario, United States, Bengaluru, Washington

The walkout by workers came after Canadian union Unifor said GM was "stubbornly refusing" to match the contract the labor union reached with Ford Motor (F.N), which offered wage increases of up to 25% in Canada. The walkout adds to the headache faced by the automaker in the U.S. where it is racking up millions of dollars in losses per week due to the United Auto Workers (UAW) strike that started Sept. 15. GM has lost 34,176 vehicles of production since the start of the UAW strike, according to an estimate by Deutsche Bank. GM has laid off 2,300 U.S. workers due to the impacts of the UAW strike. At the Oshawa plant, workers build Chevrolet Silverado trucks, one of GM's most profitable models, while the plant's stamping operations supply various parts for GM North America.

Persons: Mark Blinch, Unifor, Lana Payne, Wells Fargo, Shivansh Tiwary, Jyoti Narayan, David Shepardson, Jamie Freed, Arun Koyyur, Mark Potter Organizations: General Motors, REUTERS, General, Ford Motor, GM, Detroit Three, Unifor, United Auto Workers, UAW, Deutsche Bank, St, Chevrolet, Chevrolet Silverado, GM North America, Oshawa, Catharines, Ford, Chrysler, Thomson Locations: Oshawa, Canada, U.S, United States, St, Catharines, Woodstock, CAMI, Ingersoll , Ontario, St . Catharines, Bengaluru, Washington

Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. GM has lost 34,176 vehicles of production since the start of the UAW strike in September, according to an estimate by Deutsche Bank. At the Oshawa plant, workers build light- and heavy-duty Chevrolet Silverado trucks, one of GM's most profitable models, while the plant's stamping operations supply various parts for GM North America. Unifor has used the "pattern bargaining" approach in its talks, reaching a deal first with Ford and then expecting GM and Stellantis to match. Unifor represents about 18,000 workers at the Canadian facilities of Ford, GM and Chrysler parent Stellantis (STLAM.MI).

Persons: Mark Blinch, GM, Lana Payne, Unifor, Shivansh Tiwary, Jyoti Narayan, Christian Schmollinger, Jamie Freed, Arun Koyyur Organizations: General Motors, REUTERS, General, U.S, Ford Motor, GM, Detroit Three, Unifor, United Auto Workers, UAW, Deutsche Bank, St, Chevrolet, Chevrolet Silverado, GM North America, Ford, Chrysler, Unions, Thomson Locations: Oshawa, Canada, U.S, St, Catharines, Woodstock, CAMI, Ingersoll , Ontario, St . Catharines, Bengaluru

TORONTO (AP) — Auto workers walked off the job at three General Motors facilities in Canada early Tuesday after failing to reach agreement with the automaker. Their union, Unifor, represents more than 4,200 workers at the plants. They had warned they would begin a strike if no agreement was struck with GM by midnight local time. Workers at Ford of Canada ratified a new deal late last month that raises base hourly pay for production workers by almost 20% over three years. Unifor had earlier avoided going on strike against the Detroit automakers, unlike its U.S. counterpart, the United Auto Workers.

Persons: ”, Lana Payne, General Motors, ” Payne, ” Jennifer Wright, Payne, Unifor Organizations: TORONTO, — Auto, General, GM, Ford, General Motors Corp, Unifor, Oshawa Assembly, Operations, Catharines Propulsion Plant, Woodstock, Distribution, Workers, Canada, Detroit, ., United Auto Workers Locations: Canada, St, Catharines, Oshawa , Ontario, CAMI, Ingersoll , Ontario

☆ Canadian autoworkers strike against General Motors, joining UAW
▼ + stars: | 2023-10-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Richard Lautens | Toronto Star | Getty ImagesDETROIT — Labor strikes are now an international issue for General Motors after the Detroit automaker failed to reach a tentative agreement by Monday for roughly 4,300 workers represented by Canadian union Unifor. The Canadian autoworkers will join roughly 9,200 United Auto Workers members who are on strike in the U.S. at two assembly plants and 18 parts and distribution centers for GM. Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | ReutersUnifor, which represents 18,000 Canadian workers at the Detroit automakers, took a more traditional approach to its negotiations than its U.S. counterpart. The Canadian union is negotiating with each automaker separately and using a deal first reached last month with Ford as a "pattern" for GM and Chrysler parent Stellantis .

Persons: Lana Payne, UNIFOR, Richard Lautens, Rebecca Cook, Payne Organizations: Metro Toronto Convention, Toronto Star, Getty, DETROIT — Labor, General Motors, Detroit, United Auto Workers, GM, Chevrolet Silverado, Unifor, UAW, General Motors Lansing Delta Plant, Reuters Unifor, Detroit automakers, U.S ., Ford, Chrysler Locations: Canadian, U.S, Ontario, Delta Township , Michigan, Canada

☆ General Motors reaches deal with Canadian autoworkers hours after union initiates strikes
▼ + stars: | 2023-10-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — General Motors has reached a tentative agreement for nearly 4,300 Canadian autoworkers after the union representing those workers called a national strike early Tuesday. Canadian union Unifor said Tuesday afternoon the "strike actions are on hold to allow the membership to vote on the tentative agreement." Unifor initiated a national strike after the sides failed to reach a deal by an 11:59 p.m. Monday deadline. The Canadian engine plant marked a major concern for the automaker, which also is facing U.S. strikes by the United Auto Workers union. Unifor said the tentative deal with GM follows a ratified agreement reached last month with Ford Motor.

Persons: Rob Nimigon, Unifor, Lana Payne Organizations: Chevrolet Silverado, General, DETROIT —, Motors, Chevrolet, General Motors, United Auto Workers, GM, Ford Motor, Ford Locations: Oshawa, Oshawa , Ontario, Canada, DETROIT, U.S

☆ GM is shaping up to be the hardest hit by the UAW strike
▼ + stars: | 2023-10-08 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +6 min

GM has the most workers on strike of all the Detroit 3. AdvertisementAdvertisementThe ongoing United Auto Workers strike is taking a multi-million dollar toll on all three Detroit-based automakers, but General Motors might be hit the hardest so far. GM narrowly avoided a fourth strike Friday with an offer that delayed Fain's weekly update for members. This is also the second time in four years that GM has experienced a strike . AdvertisementAdvertisementAnd of the three automakers, GM also has the most striking workers and has temporarily laid off the most workers due to the strike.

Persons: —, Stellantis, Shawn Fain, Fain, Dan Ives, Mary Barra's, Tesla, Jim Cain, Cain, Ford, Ford's, Sam Fiorani, Fiorani, there's, It's, Cox, GM wasn't, Edmunds, Jessica Caldwell Organizations: GM, Detroit, Service, United Auto Workers, UAW, Ford, UAW nabbed, Detroit automakers, Wedbush Securities, Cox, AutoForecast Solutions, Jeep, Chrysler, Dodge, Buick, GMC, Chevrolet, Cadillac, Deutsche Bank Locations: Detroit, Arlington , Texas, Lincoln

☆ UAW says it scored a major concession from GM and will not expand its Big Three strike Friday
▼ + stars: | 2023-10-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

GM agreed to have the workers at its future EV battery plants be covered by the national labor agreement governing other UAW members at GM, Fain said, after the UAW threated an expansion of the strike to a GM plant in Arlington, Texas, that assembles the company’s full-sized SUVs. GM has in the past insisted that workers in battery facilities are not GM employees, since the plants are run by joint ventures it has with Asian battery companies. Then on September 29 the UAW declined to expand the strike against Stellantis, once again citing progress in talks, but added a strike against one assembly plant each at GM and Ford. The union has said all along it stood ready to expand the strike to increase pressure on the companies. Fain described the Arlington plant “GM’s biggest money maker.”“It was that threat that brought GM to the table,” he said.

Persons: Shawn Fain, Ford, Fain, ”, GM, ” Fain, “, we’re, “ It’s, “ We’ve, it’s, Cadillac Escalade Organizations: New, New York CNN — United Auto Workers, General Motors, GM, EVs, UAW, “, Workers, EV, Ford, Stellantis, Chevrolet, GMC Yukon, Cadillac Locations: New York, Arlington , Texas, Suburban, Arlington

UAW President Shawn Fain plans to update the union's 150,000 members at Ford, General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI) on Friday, a person briefed on the union's plans said. In addition to Ford, talks with Chrysler parent Stellantis (STLAM.MI) and other automakers and the UAW have been active in recent days, sources said. Ford Chief Financial Officer John Lawler said Friday the automaker's retirement offer would assure UAW workers could retire with $1 million in savings. The targeted strike against the Detroit Three automakers began on Sept. 15 and is now in its 20th day. Rival Ford Motor (F.N) secured a $4 billion line of credit in August, ahead of the Sept. 14 UAW contract expiration.

Persons: Rebecca Cook, Shawn Fain, Fain, Ford, Stellantis, John Lawler, Paul Jacobson, JP Morgan, Joe White, David Shepardson, Mark Porter, Nick Zieminski, Matthew Lewis, Anna Driver Organizations: General Motors, REUTERS, Rights, United Auto Workers, Ford, Detroit Three, Wednesday, UAW, Chrysler, Detroit automakers, GM, CNBC, Citibank, Chevrolet, GMC, GMC Yukon, Cadillac, Motor Equipment Manufacturers Association, Thomson Locations: Detroit , Michigan, U.S, Wentzville , Missouri, Kansas, Ohio, Indiana, Detroit

The strike cost at GM reflects 16 days in which production was stopped at one GM assembly plant, a mid-size pickup truck and van factory in Wentzville, Missouri. The UAW ordered a strike at a GM SUV assembly plant in Lansing, Michigan, on Sept. 29. Against that backdrop, GM said in a securities filing that it has locked in a new, $6-billion line of credit through October 2024. The additional liquidity will require GM to maintain at least $4 billion in global liquidity and $2 billion in U.S. liquidity. Rival Ford Motor (F.N) secured a new $4 billion line of credit in August.

Persons: Rebecca Cook, JP Morgan, Ford, Joe White, David Shepardson, Mark Porter, Nick Zieminski Organizations: General Motors, REUTERS, Rights, Wednesday, United Auto Workers, Detroit Three, GM, UAW, Citibank, Chevrolet, GMC, GMC Yukon, Cadillac, Ford, Thomson Locations: Detroit , Michigan, U.S, Wentzville , Missouri, Lansing , Michigan, Fairfax , Kansas, Kansas, Ohio, Indiana

☆ GM secures new $6 billion credit line as UAW strike costs reach $200 million
▼ + stars: | 2023-10-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. The targeted strikes already cost the automaker $200 million during the third quarter, GM said Wednesday. A GM spokesman said the $200 million strike cost is due to lost production on wholesale volume, largely due to the UAW's initial Sept. 15 strike at GM's midsize truck and full-size van plant in Wentzville, Missouri. The strike has since expanded to GM's parts and distribution facilities nationwide and, as of last Friday, a crossover plant in mid-Michigan. As a result of the strike in Missouri, GM also idled its Fairfax Assembly Plant in Kansas, where it builds the Cadillac XT4 SUV and the Chevrolet Malibu sedan, and laid off nearly 2,000 workers.

Persons: General Motors, Paul Jacobson, CNBC's Phil LeBeau, Mary Barra, Jim Farley, Shawn Fain, Fain Organizations: DETROIT, General, United Auto Workers, UAW, GM, Fairfax Assembly Plant, Chevrolet Malibu, Ford Motor, Ford, Chrysler Locations: Wentzville , Missouri, Michigan, Missouri, Fairfax, Kansas

☆ Buying a luxury car? Your gas and EV options cost about the same. Otherwise, expect to pay nearly $16,000 more to go electric.
▼ + stars: | 2023-10-04 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Premium electric vehicles now cost nearly the same as premium gas-powered cars, JD Power says. But mass market EVs are still significantly more expensive than their mass market gas counterparts. A new JD Power report says "relative affordability" is a key part of EV adoption assessments. (JD Power did note that once Ford started passing through the full federal tax credit of $7,500 to Mach-E lessees, leasing costs came down.) Overall, mass-market EVs cost $16,000 more than their gas-market counterparts.

Persons: JD Power, —, Power, Mercedes, Ford, EVs, Kelley Organizations: JD, Service, Mercedes, Benz, Ford, Power, ICE, Chevrolet

☆ Tesla's new, cheaper Model Y is one of the best deals you can get on an EV right now
▼ + stars: | 2023-10-04 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Tesla launched a new, cheaper version of its popular Model Y SUV. The rear-wheel-drive Model Y costs $43,990. Elon Musk's carmaker quietly launched a new base model of its popular Model Y SUV — and it's instantly one of the best deals on the US electric-vehicle market. A new rear-wheel-drive Model Y appeared on Tesla's website on Monday with a price of $43,990. The next cheapest Model Y costs $50,490.

Persons: Tesla, —, Elon Musk's carmaker, it's, Kelley, Bolt, Kia Niro, Kia haven't Organizations: Service, Chevrolet Bolt, Nissan, RWD, Kia, Hyundai Kona EV, VW, Hyundai

UAW President Shawn Fain has transformed the rituals of contract talks with General Motors(GM.N), Ford(F.N) and Chrysler parent Stellantis (STLAM.MI) into a high-stakes, made-for-media game. GM and Ford said Monday they were indefinitely laying off another 500 workers at four Midwestern plants, citing the impact of the walkouts. Analysts looking ahead to third-quarter financial results this month are starting to reckon the costs of what the UAW calls "Stand up strikes." Ford plans four EV battery plants in the U.S. - three under joint ventures with South Korean battery maker SK On(096770.KS). GM's joint venture battery plants also have separate status and GM has declined to include them in negotiations.

Persons: Shawn Fain, Mack Trucks, Ford, JP Morgan, Fain, Harley Shaiken, Mary Barra, Jim Farley, Farley, CATL, GM's, . Company bargainers, Joseph White, Ben Klayman, David Shepardson, David Gregorio Our Organizations: DETROIT, United Auto Workers, Detroit Three, UAW, General Motors, Ford, Chrysler, Volvo Group, GM, Chevrolet, University of California Berkley, automaker's, automaker's Michigan Assembly, SK, . Company, ”, Thomson Locations: Escalade, automaker's Michigan, U.S, Korean, Marshall , Michigan

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

☆ GM's third-quarter sales jump 21% as UAW strike slowly expands
▼ + stars: | 2023-10-03 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – An ongoing strike by the United Auto Workers union against the Detroit automakers had little to no direct effect on General Motors' third-quarter U.S. new vehicle sales. Sales of every one of the Detroit automaker's brands rose compared to a year earlier. Only 25,200 workers, or roughly 17% of UAW members covered by the expired contracts with GM, Ford Motor and Stellantis, are part of the work stoppages. UAW has been gradually increasing the strikes since the work stoppages began, after the sides failed to reach tentative agreements by Sept 14. The targeted walkouts aim to preserve the union's funds and prolong the work stoppages to keep the automakers off keel.

Persons: Jonathan Smoke Organizations: United Auto Workers, UAW, General Motors Co, Flint Processing, Detroit automakers, General Motors, Detroit, GM, Ford Motor, Chevrolet Colorado, GMC, Cox Automotive Locations: Swartz Creek , Michigan, DETROIT

☆ GM, Ford furlough another 500 workers due to UAW strike
▼ + stars: | 2023-10-02 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 2 (Reuters) - General Motors (GM.N) and Ford Motor (F.N) on Monday said they are laying off another 500 workers at four Midwestern plants because of the impact on some of the facilities of the United Auto Workers strike in its 18th day. Ford said last month it temporarily laid off about 600 workers at a Michigan auto plant because of the strike. 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 GM and Ford CEOs on Friday blasted the UAW, hours after the union escalated the strike.

Persons: Rebecca Cook, Ford, GM's, Stellantis, Shawn Fain, Mack Trucks, David Shepardson, Bernadette Baum, David Gregorio, Bill Berkrot Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, General Motors, Ford, GM, Chrysler, Ohio Metal Center, Marion , Indiana Metal Center, Buick Enclave, Chevrolet Traverse, Detroit, Volvo, JPMorgan, Anderson Economic Group, Thomson Locations: Delta Township, Michigan, Chicago, Lima , Ohio, Parma, Marion ,, GM's Lansing Delta, GM's Missouri, Fairfax , Kansas, Ohio, Indiana, Lansing , Michigan, Ford Chicago

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