General Motors has agreed to an 8.5% wage raise with a new, independent union SINTTIA at its pick-up truck plant in Silao, Mexico. The deal with union SINTTIA is the
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Ford Motor sold eight million shares of electric automaker Rivian Automotive for $214 million, or $26.80 apiece, the automaker noted in a filing on Tuesday. Ford now holds almost 94
General Motors made significant progress in wage negotiations with a new union representing thousands of workers at the automaker’s plant in central Mexico. SINTTIA union is seeking a 19.2% wage
Ford Motor on Thursday said it will halt production next week at its plant in Flat Rock, Michigan because of a shortage of semiconductor chips. Ford assembles the Mustang models
Tesla Inc is recalling 14,684 imported and regionally made Model 3 cars in China due to the issues with software that could result in crashes, the country’s market regulator said.
General Motors’ first-quarter profit was reported Tuesday to have beaten analyst estimates as the automaker focused on sales of pricey models with higher margins, even though production was limited due
Ford Motor on Tuesday started regular production of its F-150 Lightning electric pickup truck. Ford workers, top executives, and a group of F-150 Lightning consumers joined a party at the
The new independent labor union at General Motors’ largest plant in Mexico is looking for a 19.2% wage boost, due to increasing inflation, and the U.S. automaker has countered with
General Motors’ President Mark Reuss said on Monday the automaker will be launching an electrified version of its two-door Corvette sports car by 2023. The automaker will introduce an electrified
Honda Motor prepares to build millions of electric vehicles (EV) by 2030 utilizing three new dedicated platforms, with one to be developed along with U.S. partner General Motors, a top
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