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DETROIT — Stellantis’ U.S. new vehicle sales continued a yearslong free fall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes. Stellantis was expected to be the worst sales performer of major automakers during the third quarter. Auto industry forecaster Cox Automotive had projected a sales decline of roughly 21% for the carmaker. All of Stellantis’ brands except for its niche Fiat unit experienced sales declines in the third quarter, led by more than 40% reductions for Chrysler and Dodge. Stellantis’ performance compares with the overall U.S. new light-duty vehicle sales market, which increased 13% last year, according to federal data.
Persons: Carlos Tavares ’, Stellantis, Cox, Edmunds, Matt Thompson, Tavares Organizations: DETROIT, carmaker, Auto, Cox Automotive, U.S, Fiat, Chrysler, Dodge, Jeep, New York Stock Exchange, Stellantis, Fiat Chrysler, France’s PSA Groupe, United Auto Workers Locations: , U.S
But the strike could pose several issues for Vice President Harris in her presidential campaign. AdvertisementThere's a labor storm a-brewing off the East Coast — but don't expect to see President Joe Biden stepping in anytime soon. MATTHEW HATCHER/AFP via Getty ImagesThe strike throws another wrench into the 2024 raceThe strike has the potential to further upend what has already been a dizzying presidential race. Vice President Kamala Harris is now carrying the banner of the Biden administration's pro-union policies as the Democratic presidential nominee. But Harris' union ties are not as deep as those enjoyed by Biden.
Persons: Joe Biden, Harris, , dockworkers, it's, Biden, Taft, George W, Bush, Hartley, Cathy Creighton, Creighton, Hamilton Nolan, Nolan, USMX, Hurricane Helene, Independent Sen, Bernie Sanders of, Kamala Harris, Donald Trump, MATTHEW HATCHER, Trump, they're Organizations: Service, Gulf Coasts, International Longshoremen's Association, US Maritime Alliance, Workers, Cornell University's Industrial, Labor Relations Buffalo Co, Labor, ILA, , Independent, Getty, Biden, Democratic, Teamsters, Trump, AFL, United Auto Workers, United Steelworkers, Republicans, Republican Party Locations: East Coast, Gulf of Mexico, East, West Coast, Taft, Hurricane, Bernie Sanders of Vermont, Michigan , Nevada, Pennsylvania
Stellantis said it would reduce inventory levels in the United States and ship 200,000 fewer vehicles to North American dealers in the second half of 2024 than in the same period last year. Volkswagen said earlier this month that around 2 million fewer cars are being sold in Europe per year compared with pre-pandemic levels. Volkswagen itself is selling 500,000 fewer cars annually in the region, the equivalent of around two car plants. “To remain competitively viable, we have to comprehensively restructure Volkswagen… because the situation is serious,” the company said last week. “Volkswagen has to increase efficiency and reduce costs.”For Stellantis, Monday’s profit warning is the latest piece of bad news.
Persons: American carmaker, Ram Trucks, Stellantis, Volkswagen’s, Aston Martin Lagonda Organizations: London CNN —, Chrysler, Milan, Citroen, Peugeot, North, Volkswagen, Aston, IG Metall, United Auto Workers Locations: American, North America, United States, North American, China, London, Europe, Detroit
It represents the major shipping lines, all of which are foreign-owned, as well as terminal operators and port authorities. Depending on duration, a strike could mean shortages of consumer and industrial goods, possibly driving up prices again. That labor peace has helped them capture market share from West Coast ports that have historically had more contentious labor relations. But he said the shipping lines appear unwilling to pay what it takes this time. The shipping lines realize the problem with having Biden order the union back to work, said Tirschwell.
Persons: Luke Sharrett, Patrick Anderson, , USMX, Harold Daggett, John McCown, containerization, Brendan Smialowski, Peter Tirschwell, , Republican Donald Trump, ” Tirschwell, hasn’t, Jonathan Gold, ” Gold, Biden, Joe Biden, Taft, Hartley, George W, Bush, Bradley Saunders, Daggett, ’ ” Organizations: New, New York CNN, US Maritime Association, International Longshoremen’s Association, BMW, Port, Bloomberg, Getty, ILA, Anderson Economic Group, , P Global Market Intelligence, Federal Maritime Administration, Republican, National Retail Federation, North, Capital Economics, United Auto Workers Locations: New York, Maine, Texas, East Coast, Gulf, Gulf Coast, of New York, New Jersey, Port Wilmington, Delaware, Port, Baltimore, Port of Charleston, South Carolina, Charleston , South Carolina, West Coast, Michigan, Port of Baltimore, Baltimore , Maryland, AFP, East, North American
Now unions are pushing back, demanding the return of traditional pension plans their members lost in past concession deals. First, a traditional pension plan that pays retirees, or their survivors, a fixed amount of money every month until they die, known as a defined benefit plan. Far less than 1% have only a traditional pension plan. The loss of the traditional pension plan at Boeing 10 years ago is one of the issues driving the strike this year. But the deck is stacked against that kind of reopening of a pension plan at Boeing, even with “pension or bust” signs on the current picket lines.
Persons: International Association of Machinists, Jon Holden, haven’t, Stellantis, John Lawler, Craig Copeland, Lindsey Wasson, unamimously, , , Brian Bryant, Bryant, “ They’re, they’ve, Copeland, they’ll Organizations: New, New York CNN, Boeing, Employers, International Association of, IAM, United Auto Workers, General Motors, Ford, UAW, , Research, CNN, Pension, Guaranty Corp, Federal Deposit Insurance Corp, IBM, Locations: New York
They’re going to take away your guns, you saw that, they’re going to take away your guns. And at the end it was, “Thank you, thank you, thank, thank, thank, thank, thank, thank.” I said, “What the hell’s… What’s wrong with her?” I say, “Thank you.” And you wait a couple of seconds. “Thank you, thank, thank, thank, thank.” There’s something wrong with her, okay? She was all talk, I’m going to do this and I’m going to do that, and then I’m going to cut tax and then I’m going to give you 25,000 per house and then I’m going to go, over and over. When Biden was president — going to give up the whole thing to Russia, it looks like.
Persons: I’m, Kamala Harris, Rasmussen, We’re, Kamala, Sleepy Joe Biden, , , can’t, Country’s, Harris, we’ve, you’re, You’re, “ Donald Trump, Donald Trump, – Joe Biden, didn’t, Sleepy Joe, ” “ I’m, Joe, That’s, Trump, What’s, Kamala …, she’s, Bernie Sanders, Nancy Pelosi, She’s, let’s, Kamala Harris …, I’ve, David Muir, David Muir barged, Sir, President Trump, FBI …, don’t, , There’s, Donald J, You’ve, we’ll, – Mr, You’ll, Where’s Harris, would’ve, Jimmy Carter, Xi, Del Cueto, Biden, They’ve, “ They’re, ” They’re, They’re, it’s, it’ll, Let’s, Forbes, Michael, Jacky Rosen, Crooked Joe Biden, Joe Biden’s, Jacky, Sam Brown, Nobody’s, He’s, Joe Lombardo, Joe’s, that’s, It’s, they’re, Tampon Tim, tampons –, Governor Lombardo, we’re, Ding, haven’t, Russia would’ve, Bush, Barack Hussein Obama, , Russia’s, Korea’s, Muhammad Ali, Muhammad, Henry, “ I’ll Organizations: Philadelphia TV, gaslight, JD, FBI, Department of Justice, of Justice Statistics, Communist, Border, Marxist, Street, The New York Times, New York Times, Washington, White, ICE, DHS, Forbes, United Auto Workers, Biden, Unions, Keystone XL, United States, Paris Climate, Nevada Climate Accord, Police, California, ABC Fake, Trump Reciprocal Trade, Green New, Washington D.C, We’re, America, Make Locations: Las Vegas, Aurora , Colorado, Springfield , Ohio, Colorado, Iowa, Pennsylvania, United States, McDonald’s, – Pennsylvania, , America, Idaho . Idaho, Haiti, Chile, Colombia, New York, Chicago, Florida, Middle America, Aurora, Virginia, Tennessee, Honduras, So Nevada, Nevada, American, You’ve, Texas, Western Nevada, Mexico, China, Paris, Russia, Saudi Arabia, California, Nevada , Wisconsin , Pennsylvania, Michigan, Washington, Manhattan, Ukraine, Israel, Italian, Venezuela
The fight over Wisconsin — considered a must-win for Harris as part of Democrats’ so-called blue wall — could tilt the election. Tim Walz has re-energized staff members in the state, a campaign official told NBC News. With more than 200 staffers statewide, the Harris campaign touts 48 offices across Wisconsin, including some in smaller, more rural areas that Trump won in 2020. But the Trump campaign is mounting its own effort in the state. An RNC official also said the Trump campaign and the Wisconsin GOP have more than 70 staff members and 40 offices across the state.
Persons: Kamala Harris, Harris, Donald Trump —, Wisconsin —, , Tim Walz, Trump, Walz, Gwen Walz, Walz —, Dane County, Sen, JD Vance, it’s, “ Kamala Harris, , Anna Kelly, haven’t, doesn’t bode, ” Kelly Organizations: Trump, Quinnipiac University, Marist College, Wisconsin, Democratic, Minnesota Gov, NBC News, United Auto Workers, Teamsters, Superior, Convention, Republican National Committee, RNC, Wisconsin GOP, University of Wisconsin Locations: MADISON, Wis, Wisconsin, Harris, Quinnipiac’s, Marist’s, Midwest, Superior, Wisconsin’s, Minnesota, Duluth , Minnesota, Milwaukee, Madison, Dane, Dane County, Ohio, Eau Claire
DETROIT – A year after unprecedented strikes by the United Auto Workers against the Detroit automakers, the union is once again threatening work stoppages that could disrupt the U.S. automotive industry. Both announcements amount to warning shots against Ford and Stellantis and center on local union contracts. Local contracts have historically taken months, if not years, to settle after a national agreement is reached. Last year's auto worker strikes came during historic negotiations over national contracts with all three Detroit automakers at once. The UAW did not immediately respond for comment Thursday regarding updates on the announcements or how many local contracts remain under negotiation.
Persons: Shawn Fain Organizations: Mopar, Center, DETROIT, United Auto Workers, Detroit automakers, UAW, Wednesday, Ford, General Motors, Detroit Locations: Center Line, Michigan, Detroit, U.S
The Teamsters on Wednesday declined to endorse a candidate for president, the first time in decades that the union hasn't backed a candidate in the presidential election. It found that almost 60% of rank-and-file union members preferred to endorse Trump, while 34% backed Harris, according to an electronic member poll. The law forced union workers to accept a union contract that had been brokered by the Biden administration. The union endorsed Biden in 2020. The AFL-CIO, which represents dozens of unions and millions of workers, and the United Auto Workers union have each endorsed Harris.
Persons: Sean O'Brien, Donald, Trump, Kamala, Harris, Joe Biden, John Palmer, Biden, Hillary Clinton, Barack Obama, John Kerry, Al Gore, Karoline Leavitt, Lauren Hitt, , ” Hitt, James P, Hoffa, ” Biden Organizations: Teamsters, Big, Trump, Democratic, American, Central, International Association of Fire Fighters, AFL, CIO, United Auto Workers Locations: America, Alabama, Central States, Michigan
CNN —The International Brotherhood of Teamsters declined to endorse a presidential candidate on Wednesday after releasing internal polling that showed a majority of its members supported former President Donald Trump over Vice President Kamala Harris. The Trump campaign highlighted that support from “rank-and-file” Teamsters members following the union’s announcement that it would not be endorsing. CNN previously reported that rank-and-file union membership had large pockets of Trump support, even as major labor leaders endorsed Harris. That survey also included Robert F. Kennedy Jr., who garnered about 6% of members’ support. While union members are thought of as a traditionally Democratic voting bloc, Trump has been working to make inroads among rank-and-file members.
Persons: Donald Trump, Kamala Harris, It’s, Sean O’Brien, , Harris, Joe Biden, Trump, O’Brien, Hillary Clinton, Biden, George H.W, George H.W . Bush, ” O’Brien, Robert F, Kennedy Jr, Kennedy, Clinton, Tim Walz, CNN’s Kate Sullivan Organizations: CNN, Brotherhood of Teamsters, Big Business, Trump, Teamsters, Republican, Convention, Democratic, American Federation of Teachers, United Auto Workers, , RNC, Minnesota Gov Locations: Harris, George H.W ., Michigan, Wisconsin, Pennsylvania
“We are going to bring so many auto plants into our country,” Trump said. While the apparent assassination attempt on Sunday featured in his remarks frequently, Trump often sought to keep the town hall-style event focused on the auto industry and tariffs in particular. Vice President Kamala Harris’ campaign has said Trump’s proposed tariffs would effectively amount to an inflation-driving national sales tax. He also broke down the apparent assassination attempt, and its aftermath — including phone calls with Harris and Biden. Praise for Secret ServiceTrump said the Secret Service “did a hell of a job, they really did,” in stopping Sunday’s apparent attempted assassination.
Persons: Donald Trump, , ” Trump, Shawn Fain, Joe Biden’s, Trump, they’re, Kamala Harris ’, Harris, “ We’re, Elon Musk, Biden, Flint Trump, Sarah Huckabee Sanders, Biden “, wasn’t, , Kamala, We’re, ” Harris, Secret Service Trump, Sunday’s, they’ve, Democratic Sen, Richard Blumenthal, Republican Sen, Josh Hawley, ” Hawley, , ” CNN’s Alejandra Jaramillo, Ebony Davis, Morgan Rimmer, Danya Gainor Organizations: CNN, Trump, Palm, , United Auto Workers, , Arkansas Gov, White House, National Association of Black Journalists, Secret Service, Service, Democratic, Senate Homeland, Department of Homeland, Republican, DHS Locations: Michigan, China, Mexico, Palm Beach, Flint, , United States, Philadelphia, Butler , Pennsylvania, Missouri
DETROIT — The United Auto Workers union on Monday said it had filed federal unfair labor practice charges against Stellantis for allegedly violating contract terms and attempting to move production of the Dodge Durango out of the U.S. “In our 2023 contract, we won major gains, including a commitment to reopen an idled assembly plant in Belvidere, Illinois, and to build the Dodge Durango in Detroit. The union did not disclose when the attempted move occurred or where the company allegedly wanted to move Durango production. A copy of the latest National Labor Relations Board filing provided by the UAW did not mention the Durango. The UAW said Monday it has more than 24 open grievances against Stellantis regarding the company’s product and investment plans disclosed as part of the union’s contract with the automaker.
Persons: Stellantis, Shawn Fain, , Organizations: DETROIT, United Auto Workers, Dodge, U.S, , UAW, National Labor Relations, NLRB Locations: Dodge Durango, Belvidere , Illinois, Detroit, Illinois, U.S, Durango, Ontario, Canada
What this Boeing strike is really all about
  + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com   time to read: +6 min
New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.
Persons: , , Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, , — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States
Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as the plane maker is trying to ramp up its production. "I know the reaction to our tentative agreement with the IAM has been passionate," he wrote in his staff note. The union, which represents about 33,000 Boeing factory workers in the Seattle area and in Oregon had sought some 40% pay raises from Boeing. But the 25% increase would be in line with the United Auto Workers' deal last year that followed strikes at Ford , General Motors and Chrysler parent Stellantis. If approved, the Boeing deal would follow a series of union-negotiated pay increases across industries ranging from Hollywood to airlines.
Persons: Kelly Ortberg, Jon Holden Organizations: Boeing, International Association of Machinists, Aerospace Workers, IAM, United Auto Workers, Ford, General Motors, Chrysler Locations: Seattle, Renton , Washington, Everett , Washington, Ortberg, Oregon, Hollywood
David Dee Delgado | ReutersDETROIT – Stellantis ' U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company's recent sales declines, factory production cuts and other decisions they deem detrimental to the automaker's business. "The market share of your brands has been slashed nearly in half, Stellantis stock price is tumbling, plants are closing, layoffs are rampant, and key executives fleeing the company. We will continue to work with our dealers to avoid any public disputes that will delay our ability to deliver results." Stellantis reported a record profit in 2023, but so far this year, the automaker reported a first-half net profit of 5.6 billion euros ($6.07 billion), down 48% from the same period of 2023. It's part of his "Dare Forward 2030" plan to increase profits and double revenue to 300 billion euros ($325 billion) by 2030.
Persons: Carlos Tavares, David Dee Delgado, Tavares, Kevin Farrish, Farrish, Ford Stellantis, Stellantis, Shawn Fain, Kamala Harris, Tim Walz, Rebecca Cook Organizations: New York, Auto, Reuters DETROIT, United Auto Workers, Chrysler, Dodge, Investor, Bloomberg, Stellantis, GM, Fiat Chrysler, France's PSA Groupe, UAW, U.S, Democratic Locations: Manhattan , New York, U.S, Virginia, Romulus , Michigan
After Democrats’ long-held edge, Team Trump starts to close the battleground ad spending gapBy Ben KamisarIf you live in a swing state and are already sick of seeing presidential campaign ads, buckle up. Over that same period of time, the Trump campaign spent less than $230,000. But over the last two weeks, a dramatic shift from the Trump campaign has helped close the gap. It has spent a total of $13 million in those key states, compared to $16.5 million from the Harris campaign. But we’ve written before about how Republicans have cut into the Democrats’ fundraising edge, and these ad spending numbers show the fruits of that effort.
Persons: Ben Kamisar, Alex Tabet, , Team Trump, Donald Trump’s, Joe Biden, Kamala Harris, Trump, Harris, Biden, they’ll, it’s, Ruben Gallego, “ Ruben Gallego, David Hathaway, Kari Lake, Gallego, , ” Gallego, Nasr, ted Auto W, ged Organizations: NBC, White House, Capitol, Phoenix, Democratic, Team, Republican, Republican National Convention, Trump, Biden, Democrats, Democratic Rep, Arizona Senate, GOP, NBC News, rac Locations: Arizona, Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, Mexico, Santa Cruz County, It’s
“You walk in, you say, ‘You want to quit?’ They go on strike,” Trump said of Musk, who is CEO of the EV car maker Tesla and SpaceX. It is illegal to fire workers who threaten to strike, because the right to strike is protected under federal labor law. “When we say Donald Trump is a scab, this is what we mean,” UAW President Shawn Fain said in a Tuesday statement on the new charges. But another major U.S. labor union, the Teamsters, has yet to make an endorsement. Tesla has clashed with union proponents for years, and Tesla workers remain without a union.
Persons: Donald Trump, Elon Musk, ” Trump, Musk, , ’ ” Trump, Trump, Shawn Fain, Kamala Harris, Harris, Sean O’Brien, ” O’Brien, , Tesla Organizations: United Auto Workers, National Labor Relations Board, , EV, SpaceX, Twitter, UAW, CNBC, Republican, Teamsters, Republican National Convention, Companies, RNC, NLRB Locations: Milwaukee
CNN —The United Auto Workers union on Tuesday filed federal labor charges against former President Donald Trump and Tesla CEO Elon Musk for threatening to intimidate workers who go on strike. Trump called Musk “the cutter,” and praised Musk for his anti-union stances. “Both Trump and Musk want working class people to sit down and shut up, and they laugh about it openly. But it’s not clear that Trump was referencing any specific workers Musk fired for organizing against his company. Harris’ campaign circulated the clip of Trump and Musk, saying: “Trump praises billionaire Elon Musk for firing workers who were striking for better pay and working conditions.”
Persons: Donald Trump, Elon Musk, Musk, Trump, ” Trump, Shawn Fain Elizabeth Frantz, Kamala Harris, , , Shawn Fain, Joe Biden, Fain, Tesla, ” Fain, ” Tesla, they’re, Harris ’, “ Trump Organizations: CNN, United Auto Workers, Tesla, , UAW, Trump, National Labor Relations Board, General Motors, Ford, NLRB, Workers Locations: American, Buffalo , New York
"I look at what you do," Trump said to Musk during a two-hour interview Monday night on X, the social media platform Musk owns. They go on strike," Trump said to Musk, who also is CEO of the EV car maker Tesla and of SpaceX. So, every one of you is gone,'" Trump said. "When we say Trump stands against everything our union stands for, this is what we mean." Neither the Trump campaign nor Musk replied to CNBC's request for comment on the UAW action.
Persons: Donald Trump, Elon Musk, Trump, Musk, Shawn Fain Organizations: United Auto Workers, National Labor Relations Board, EV, SpaceX, Twitter, UAW
What comes next could hinge on who gets to oversee labor relations after the election. The National Labor Relations Board — which polices unfair labor practices and mediates worker-management disputes — has become an aggressive union booster under Biden. While the agency’s policies typically shift depending on who’s in the White House, the change has been pronounced, labor experts and former NLRB staffers say. Before joining the law firm in 2022, White worked for a decade at a regional NLRB field office under the Obama, Trump and Biden administrations. Last year, the NLRB overturned a 50-year precedent, requiring employers to recognize a union if most workers sign authorization cards for one.
Persons: Joe Biden’s, , , Michael LeRoy, haven’t, Donald Trump, Kamala Harris, ” LeRoy, “ Biden, Joel White, Fox Rothschild, White, Trump, Peter Robb, Jennifer Abruzzo, “ It’s, Rebecca Leaf, Ballard Spahr, Obama, Leaf, ” White, Kate Bronfenbrenner Organizations: National Labor Relations Board, Biden, NLRB, School of Labor, Employment, University of Illinois, Fox, Obama, Trump, , Cornell University’s School of Industrial and Labor Relations, Hollywood, United Auto Workers Locations: Detroit, Hollywood, University of Illinois Urbana, Champaign, Biden’s, Buffalo , New York
DETROIT — Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram 1500 pickup truck in Michigan. It is produced alongside the Jeep Wagoneer and Grand Wagoneer at the Warren Truck Assembly Plant, located near Detroit. The current Ram 1500, which was recently updated for the 2025 model year, is produced at a nearby plant. “With the introduction of the new Ram 1500, production of the Ram 1500 Classic at the Warren [Michigan] Truck Assembly Plant will come to an end later this year,” the company said in an emailed statement. The discontinuation of the Ram 1500 “Classic” vehicle is not unexpected, but the company has not announced a vehicle to replace the truck.
Persons: Ram, Chris Feuell, Carlos Tavares Organizations: DETROIT, Warren, Assembly, United Auto Workers union, CNBC, Fiat Chrysler, France’s PSA Groupe Locations: Michigan, Detroit, Warren
CNN —Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck. Production of the Jeep Wagoneer at the same facility will remain on two shifts, the company said. As production of the Ram 1500 Classic winds down later this year, the company is shifting focus to the Ram 1500 Tradesman truck, produced at its Sterling Heights Assembly facility. “We introduced the new 2025 Ram 1500 Tradesman with incredible value and content. There are about 3,700 workers at the plant represented by the United Auto Workers union.
Persons: CNN —, Stellantis, Carlos Tavares, Tavares Organizations: CNN, CNN — Chrysler, United Auto Workers union, Union, UAW, Stellantis Locations: Detroit, Sterling Heights
Joe Raedle | Getty ImagesFormer President Donald Trump and Vice President Kamala Harris have agreed to a debate on Sept. 10 hosted by ABC News, both presidential nominees said Thursday. Trump said CBS News will host a vice presidential debate between his running mate, Sen. JD Vance of Ohio, and Harris' running mate, Minnesota Gov. Joe Raedle | Getty ImagesNBC has pitched both campaigns multiple potential dates for a presidential debate, a person familiar with the matter told CNBC. Trump's campaign agreed to Sept. 25 but the Harris campaign has yet to agree to that date, the person said. Harris since then had taunted Trump for refusing to commit to the ABC debate, whose Sept. 10 date was set originally for Trump to debate President Joe Biden, who dropped out of the election last month.
Persons: Donald Trump, Joe Raedle, Kamala Harris, Trump, Harris, Elizabeth Frantz, Sen, JD Vance, Tim Walz, Fox, Joe Biden, Trump's, Walz, she's, Biden Organizations: Getty, ABC News, Fox News, NBC News, Democratic, ABC, Air Force, Detroit Metropolitan Wayne County Airport, Reuters, NBC, United Auto Workers, Republican, CBS, Minnesota Gov, Trump, CNBC, Tuesday Locations: Lago, Palm Beach , Florida, Romulus , Michigan, U.S, Wayne , Michigan, Ohio
A ‘harsh reality’ for EVsFord likes to brag about its growing EV sales, but its profit is still primarily coming from the sales of gasoline powered trucks and SUVs. Ford isn’t the only automaker pulling back on its EV plans and making new investment in ICE vehicles. This is not to say that the traditional automakers are dropping their EV plans altogether or that EV sales are falling. But EV sales, which initially grew at a double-digit pace, haven’t shot up exponentially as automakers hoped or expected. That uncertainty about the future of US EV incentives prompted automakers to reconsider their earlier EV plans.
Persons: Ford, ” Ford, Jim Farley, hasn’t, EVs Ford, , Ivan Drury, Mary Barra, EVs, Stellantis, haven’t, Tesla, Donald Trump, Elon Musk, Carlos Tavares Organizations: New, New York CNN, EVs, Canadian, Ford, Super, Kentucky, Super Duty, Ford’s, Ford Expedition, GM, ICE, United Auto Workers, Locations: New York, Oakville , Ontario, Toronto, Mexico, Oakville, Kentucky, Ohio, EVs, United States, Edmunds, North America, Europe
Tim Walz, seen as a win for progressives, may be exactly who she needed to get her economic policies off the ground. As governor, Walz has enacted policies such as universal school meals, gun safety provisions, stronger labor protections, and poverty reduction measures. Walz has also advocated for rural economic growth and has passed legislation supporting LGBTQ+ and abortion rights. AdvertisementTax cuts and rebatesLast year, Walz enacted a state tax cut through the One Minnesota Budget, which also increased funding for public education. The United Auto Workers union was quick to support Walz on X.
Persons: , Kamala Harris, Tim Walz, Walz, Josh Shapiro, Arizona Sen, Mark Kelly, George Floyd . Walz, Donald Trump, Sen, JD Vance, Minnesotans, hasn't, X, Tim Walz doesn't Organizations: Service, Minnesota Gov, Business, Minnesota Democrat, Pennsylvania, Arizona, Democratic, Local, Governor's, Economic, Minnesota Budget, IRS, Cannabis Management, United Auto Workers, UAW, Biofuels Council Locations: Ohio, Minnesota
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