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Investors Focus on Labor Costs as GM Prepares to Report Earnings: For 2024, GM expects an operating profit of about $13 billion, up from the $12 ...
barrons.com/articles/labor-contract-gm-earnings-94226fac
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Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union
apnews.com/article/volkswagen-union-vote-united-auto-workers-chattanooga-51544590d8a06efddfa2f6ac7db00fbe
Quick Glance: UAW Secures Historic Victory as Volkswagen Workers in Tennessee Vote for Union Representation
- Volkswagen workers in Chattanooga, Tennessee, made history by voting to join the United Auto Workers, marking the first auto factory in the South since the 1940s to unionize.
- Nearly three-quarters of 3,613 workers voted yes in a three-day election with high turnout, granting the union a significant first win in its efforts to organize factories of a dozen automakers in the South.
- The organizing effort concludes a strong year for the U.S. labor movement, obtaining record wage increases across various industries through strikes and tough negotiations.
- The UAW, led by President Shawn Fain, achieved notable successes in negotiations with Detroit automakers last fall, securing substantial raises and benefits through a contentious strike.
GM shared our driving data with insurers without consent, lawsuit claims: Motorists file class action alleging breach of contract and more after their premiums ...
theregister.com/2024/04/23/gm_insurance_class_action/
GM And Ford Just Beat Tesla At Its Own Game: Some investors think General Motors and Ford might be better off dead. But the S&P 500 automakers are still beating ...
investors.com/etfs-and-funds/sectors/sp500-gm-and-ford-beat-tesla-at-its-own-game/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
General Motors beats quarterly results targets, raises forecast: General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised ...
reuters.com/business/autos-transportation/general-motors-beats-quarterly-results-targets-raises-forecast-2024-04-23/
Tennessee win for UAW could open road for labor in South: For the first time the UAW has successfully organized a foreign-owned auto plant in the South – a move ...
csmonitor.com/Business/2024/0423/volkswagen-uaw-labor-unions-south
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GM CEO Barra compensation fell 4% in 2023 to $27.8 million: General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S ...
reuters.com/business/autos-transportation/gm-ceo-barra-compensation-fell-4-2023-278-million-2024-04-24/
Daimler Truck faces imminent strike by over 7,300 US workers: Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in ...
reuters.com/world/us/daimler-truck-faces-imminent-strike-by-over-7300-us-workers-2024-04-26/
Tesla, GM, and Ford Have Had Quite a Week. All the Numbers That Matter.: Tesla ended the quarter with less than 50% BEV market share in the U.S ...
barrons.com/articles/tesla-stock-gm-ford-electric-vehicles-5a765341
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Biden picks up another big union endorsement, this one from building trades workers
apnews.com/article/joe-biden-union-endorsement-651dd9dd2eb8e16ab898366e9501dc4e
Chicago Bears sign assistant GM Ian Cunningham to a contract extension: Ian Cunningham, who was was hired by Chicago Bears GM Ryan Poles in January 2022 ...
chicagotribune.com/2024/04/24/chicago-bears-ian-cunningham-contract-extension/
Biden notches another union endorsement as building trades back reelection: President Joe Biden secured another union's backing on Wednesday as the organization ...
reuters.com/world/us/biden-notches-another-union-endorsement-building-trades-back-reelection-2024-04-24/
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
GM trucks drive Q1 profitability as EVs begin to gain traction: GM positive now that contract talks with the United Auto Workers are over, and its ability to ...
detroitnews.com/story/business/autos/general-motors/2024/04/23/gm-trucks-drive-q1-profitability-as-evs-begin-to-gain-traction/73425637007/
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
bloomberg.com/news/newsletters/2024-04-23/how-china-can-keep-the-global-electric-vehicle-market-aloft
How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me): This privacy reporter and her husband bought a Chevrolet Bolt in December ...
nytimes.com/2024/04/23/technology/general-motors-spying-driver-data-consent.html
No Tech for Apartheid: Google Workers Arrested for Protesting Company’s $1.2B Contract with Israel
democracynow.org/2024/4/17/no_tech_for_apartheid_google_israel
Quick Glance: Google restructuring operations and relocating roles to 'hubs' to fund AI investments
- Google is implementing staff layoffs and transferring certain roles to 'hubs' to secure funds for artificial intelligence investments.
- The finance and real estate teams are being affected by the downsizing, with some roles being moved overseas.
- Through the consolidation of finance teams in Bangalore, Mexico City, Dublin, Chicago, and Atlanta, Google aims to enhance efficiency and operate around the clock.
- The restructuring is driven by the substantial shift towards artificial intelligence in the tech industry, prompting Google to allocate more resources to this domain.
U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions
thehill.com/homenews/ap/ap-business/ap-u-s-labor-secretary-says-uaw-win-at-tennessee-volkswagen-plant-shows-southern-workers-back-unions/
UAW moving quickly after VW organizing win, union president says: United Auto Workers (UAW) President Shawn Fain is moving quickly in the union's sweeping ...
reuters.com/business/autos-transportation/uaw-moving-quickly-after-vw-organizing-win-union-president-says-2024-04-23/
Tennessee's governor says Volkswagen workers made a mistake in UAW union vote: Tennessee Republican Gov. Bill Lee says he thinks workers at a Volkswagen plant in ...
apnews.com/article/volkswagen-uaw-union-vote-ef85b4319a9496f78835614e08a8cb9e
You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
electrek.co/2024/04/18/you-can-power-your-home-for-21-days-with-a-chevy-silverado-ev-and-gms-new-bidirectional-charger/
With US Workers on the March, Southern States Take Aim at Unions: GOP leaders in the region are "truly astonished that workers might not trust their ...
commondreams.org/news/with-us-workers-on-the-march-southern-states-take-aim-at-unions
Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months
apnews.com/article/stellantis-factory-layoffs-electric-vehicle-transition-e2c7aa80532fdd3f1af0178b5f48acba
GM Stock Accelerates After Earnings. Here's Why: General Motors beat expectations for the first quarter and raised its outlook for the year ...
kiplinger.com/investing/stocks/gm-stock-accelerates-after-earnings-heres-why
Automakers hope for a cut as two-way EV charging becomes real: Automakers from General Motors to Volvo Cars , alongside utilities and charging app operators are ...
reuters.com/business/autos-transportation/automakers-hope-cut-two-way-ev-charging-becomes-real-2024-04-22/
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
Morning Bid: Risk asset resilience, Indonesia's rate call: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-23/
Morning Bid: Eyes on PMIs for rebound signs: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Unions Take Aim at South After UAW Win: A successful drive at a VW plant in Tennessee has organizers eyeing gains in a fast-growing region that has historically ...
wsj.com/economy/jobs/unions-take-aim-at-south-after-uaw-win-d5842800
Falcons GM explains shocking selection of Michael Penix Jr. that left Kirk Cousins 'disappointed'
cbssports.com/nfl/news/falcons-gm-explains-shocking-selection-of-michael-penix-jr-that-left-kirk-cousins-disappointed/
Quick Glance: Falcons Surprise by Drafting QB Michael Penix Jr.
- The Atlanta Falcons made waves at the NFL draft by selecting Washington quarterback Michael Penix Jr. with the eighth overall pick, shocking many.
- Despite recently signing Kirk Cousins to a lucrative deal, the Falcons opted for Penix, highlighting their long-term vision for the team.
- Penix expressed readiness to learn from Cousins, while the Falcons firmly believe he could be their future franchise player.
- Amid past controversial picks, the Falcons stand by their decision, aiming to follow successful team models by grooming Penix as the successor to Cousins.
GM Raises Profit Guidance as Truck Sales Overshadow China Slump: General Motors Co. expects better profit this year after a strong first quarter ...
bloomberg.com/news/articles/2024-04-23/gm-raises-profit-guidance-as-truck-sales-overshadow-china-slump
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BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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General Motors (GM) Ends OnStar Smart Driver Program After Privacy Complaints: General Motors Co. has ended its OnStar Smart Driver program after customers ...
bloomberg.com/news/articles/2024-04-24/gm-ends-onstar-driver-safety-program-after-privacy-complaints
RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor: General Motors is moving out of Detroit's RenCen. Freep readers share thoughts on ...
freep.com/story/opinion/readers/2024/04/18/gm-rencen-renaissance-center-detroit-waterfront-repurpose-demolition/73356433007/
Governors of six Southern states warn workers against joining UAW union: Governors of six Southern states — Tennessee, Alabama, Georgia, Mississippi ...
washingtonpost.com/business/2024/04/16/republican-governors-uaw/
Volkswagen ‘the first domino to fall’ after union vote, says UAW president: Shawn Fain tells the Guardian he expects ‘more of the same to come’ after celebrating ...
theguardian.com/us-news/2024/apr/22/united-auto-workers-auw-shawn-fain
Doyel: Colts GM Chris Ballard wants playmakers for QB Anthony Richardson in 2024 NFL Draft
indystar.com/story/sports/columnists/gregg-doyel/2024/04/19/colts-offseason-puts-pressure-on-gm-chris-ballard-in-2024-nfl-draft/73339407007/
After VW plant victory, UAW sets its sights on Mercedes in Alabama: The United Auto Workers has made history by winning its first unionization vote at an auto ...
reuters.com/business/autos-transportation/after-vw-plant-victory-uaw-sets-its-sights-mercedes-alabama-2024-04-20/
Delta Air Lines raises pay for flight attendants, other nonunion workers: Delta Air Lines is raising pay for flight attendants and other nonunion workers by 5% ...
apnews.com/article/delta-pay-raise-flight-attendants-union-de4fce15852314a5fdd37cdbac8d7c6d
Automakers hope for a cut as two-way EV charging becomes real: Automakers from General Motors to Volvo Cars , alongside utilities and charging app operators are ...
reut.rs/4aEL8iG
What the union vote at Volkswagen means for Tesla: Friday's victory at Volkswagen in Tennessee represents a turning point for the United Auto Workers union as ...
businessinsider.com/uaw-union-vote-volkswagen-tesla-elon-musk-organizing-2024-4
GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
Toledo Jeep under 'emergency' work schedule to make up for lost Wranglers: Employees are working mandatory 10-hour days, seven days per week to make up for lost ...
detroitnews.com/story/business/autos/chrysler/2024/04/26/toledo-jeep-under-emergency-schedule-to-make-up-for-lost-wranglers/73471022007/
Opinion | Here’s Something Southern Republican Governors Are Afraid Of: Where an earlier generation complained of C.I.O. “communism,” this one warns of U.A.W ...
nytimes.com/2024/04/19/opinion/uaw-southern-republicans-unions.html
UAW clinches watershed union victory at Volkswagen Tennessee factory: Workers at Volkswagen's Tennessee plant have voted to join the United Auto Workers ...
reuters.com/business/autos-transportation/uaw-clinches-watershed-union-victory-volkswagen-tennessee-factory-2024-04-20/
Alabama Mercedes workers to vote on union representation: Thousands of Alabama Mercedes-Benz workers will vote in May to determine if they want United Auto ...
trib.al/J7iCeLV
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
electrek.co/2024/04/23/gm-hopes-35k-chevy-equinox-ev-win-back-market-share/
US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has ...
reuters.com/business/autos-transportation/us-opens-probe-into-over-3300-gm-cadillac-lyriq-vehicles-over-loss-brake-assist-2024-04-15/
US stocks rally for 2nd day in a row; Tesla's first-quarter profit slides 55% as sales slow
postandcourier.com/us-stocks-rally-for-2nd-day-in-a-row-teslas-first-quarter-profit-slides-55/article_41d42096-0187-11ef-ad4e-2320c63708d1.html
Labor Organizer Jane McAlevey on UAW’s Astounding Victory in VW Tennessee & Her Fight Against Cancer
democracynow.org/2024/4/23/jane_mcalevey_uaw_volkswagen_us_labor
UAW’s Tennessee win fuels hopes in the South, but skeptics remain: The labor fight heads next to a Mercedes plant in Alabama, where one worker said “people on ...
nbcnews.com/business/autos/uaws-tennessee-win-fuels-hopes-south-skeptics-remain-rcna149013
UAW's Fain says VW victory shows union 'can win anywhere': UAW President Shawn Fain, eyeing new bargaining targets down South, says he wants to see a deal with ...
detroitnews.com/story/business/autos/foreign/2024/04/22/uaw-shawn-fain-volkswagen-win-union-mercedes-benz/73411953007/
Volkswagen Workers Vote ‘Yes’ to a Union. What That Means for GM and Ford.: Volkswagen employees in Tennessee agree to be represented by the United Auto Workers.
barrons.com/articles/volkswagen-union-vote-172e3498
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The UAW is racing to unionize the South: An expert explains why a unionized Volkswagen plant in Tennessee could mean big things nationwide.
vox.com/money/2024/4/24/24138640/uaw-union-vote-volkswagen-tennessee
The South has few unionized auto plants. Workers say this one could be next. : Volkswagen workers in Tennessee could choose to make their plant one of the first ...
washingtonpost.com/business/2024/04/15/vw-uaw-tennessee-union-vote/
After victory at VW in Chattanooga, the union road leads to Alabama : After the United Auto Workers’ triumph at the Volkswagen plant in Chattanooga ...
ajc.com/news/atlanta-news/after-victory-in-chattanooga-the-union-road-leads-to-alabama/KTEHAKR6PVDKBA5DDTEUSY6E5I/
GM to Move Headquarters to Dan Gilbert’s Hudson’s Tower in Detroit: General Motors Co. will move its downtown Detroit headquarters across the city next year to ...
bloomberg.com/news/articles/2024-04-15/gm-said-to-plan-move-to-dan-gilbert-s-hudson-s-tower-in-detroit
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GM just opened a sprawling new design center that will help shape the future of its cars
fastcompany.com/91073623/general-motors-new-design-center-is-a-huge-expansion-of-its-car-design-capabilities
Producer prices come in softer than consumer prices in March: Producer prices rose less than economists expected in March after consumer prices came in hot ...
thehill.com/business/4588023-producer-prices-come-in-softer-than-consumer-prices-in-march/
NFL teams know the best way to draft, so why aren’t they doing it?: Only a few teams are curious enough to think differently, and even fewer are disciplined ...
theathletic.com/5416007/2024/04/16/nfl-drafting-methods-insight-massey-thaler/
Volkswagen workers are voting on whether to join the UAW. The results could be felt nationwide
cnn.com/2024/04/19/business/uaw-volkswagen-vote/
The RenCen after GM: What the future could hold for Detroit architectural landmark
freep.com/story/money/business/2024/04/21/detroit-renaissance-center-future-after-gm/73359970007/
Ford, GM Stock Price Targets Are Rising. Wall Street Trims Tesla Stock.
barrons.com/articles/tesla-stock-ev-ford-gm-1096b617
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Unions are getting bolder in targeting Big Business: The U.S. worker unionization rate hit a new low in 2023, but public support for unions is near a six-decade ...
axios.com/2024/04/18/unions-disney-cvs-demand-workers-labor-market
VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly: Organizers are raring for “the real fight” after their win in Chattanooga ...
on.wsj.com/3w2rnm4
GOP Governors Show 'How Scared They Are' of Workers Organizing With UAW | Common Dreams
commondreams.org/news/what-is-united-auto-workers
Biden’s Trade War on Chinese EVs Undermines His Climate Goals: EV prices have come down in recent years, but they’re still unaffordable for the majority of ...
otherwords.org/still-cant-afford-an-ev-heres-why/
Brad Holmes not worried about your CB fetish. Detroit Lions GM drafts who he wants.
freep.com/story/sports/columnists/shawn-windsor/2024/04/21/brad-holmes-nfl-draft-dan-campbell-detroit-lions-cornerback/73373782007/
UAW 'extremely disappointed' with Volvo's Mexico plant decision: The United Auto Workers (UAW) said on Friday it is
reuters.com/business/autos-transportation/uaw-extremely-disappointed-with-volvos-mexico-plant-decision-2024-04-12/
Ford's Hands-Free BlueCruise Was Active in Fatal Crash, Officials Say: A Mustang Mach-E being driven with Ford's hands-free BlueCruise system was in ...
thedrive.com/news/fords-hands-free-bluecruise-was-active-in-fatal-crash-officials-say
Arizona Coyotes players told team is relocating to Salt Lake City, reports say: GM Bill Armstrong told the team it would relocate to Salt Lake City and the move ...
usatoday.com/story/sports/nhl/coyotes/2024/04/12/arizona-coyotes-relocating-salt-lake-city/73310336007/
Quick Glance: Reports suggest Arizona Coyotes potentially relocating to Salt Lake City
- Arizona Coyotes general manager Bill Armstrong traveled to Edmonton to brief the team on relocation rumors.
- According to multiple reports, the team was reportedly informed about an upcoming relocation to Salt Lake City.
- Two schedules were created for the upcoming season, one for Salt Lake City and one for Arizona.
- There are still uncertainties surrounding the future of the franchise, with an official announcement of the sale scheduled for April 18.
Yankees GM Brian Cashman reacts to Juan Soto and Aaron Judge’s contrasting starts
nydailynews.com/2024/04/24/yankees-brian-cashman-juan-soto-aaron-judge-mlb/
Biden Congratulates Tennessee Auto Plant on Historic Unionization Drive: A Volkswagen factory in Tennessee voted to unionize, it's the first auto ...
rollingstone.com/politics/politics-news/tennessee-auto-plant-historic-union-vote-volkswagen-1235008027/
Trump, facing trial and waiting for Supreme Court ruling, heads back to Michigan next week
freep.com/story/news/politics/elections/2024/04/24/trump-returns-to-michigan-next-week-amid-legal-challenges/73445930007/
Volkswagen workers in Tennessee have voted to join UAW, union says : 4,326 workers at the Volkswagen facility were eligible to vote.
abcnews.go.com/Business/uaw-vote-tennessee-plant-test-resurgent-labor-movement/story
Jared Goff, Brad Holmes appear to be creating a grievance culture within Detroit Lions
freep.com/story/sports/columnists/carlos-monarrez/2024/04/13/detroit-lions-jared-goff-brad-holmes-grievance-culture-chip-on-shoulder/73304087007/
UAW's Shawn Fain makes Time's list of 100 most influential people of 2024: UAW President Shawn Fain has been named as one of Time's 100 most influential people ...
freep.com/story/money/cars/2024/04/17/uaw-fain-biden-time-most-influential-people/73357552007/
Detroit Pistons announce search for president of basketball ops over top of GM Troy Weaver
freep.com/story/sports/nba/pistons/2024/04/15/detroit-pistons-nba-president-of-basketball-operations-tom-gores-troy-weaver/73332795007/
Labor costs, shortage, increasing reliability: Why we're seeing more robots inside plants
detroitnews.com/story/business/autos/2024/04/11/why-were-seeing-more-robots-inside-auto-plants/73245120007/
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