by Joseph Szczesny | Sep 16, 2019
In what could quickly become the longest national strike against General Motors in nearly 50 years, the United Auto Workers set up picket lines at GM factories from Michigan to Texas. The strike, which involves 49,000 full and part-time workers, began on the heels of...
by Joseph Szczesny | Sep 16, 2019
The strike by the United Auto Workers, which started early Monday, is certain to have an impact on General Motors’ bottom line of which the company’s executives are painfully aware. GM has earned more than $35 billion during the past three years and the company’s...
by Joseph Szczesny | Sep 15, 2019
The United Auto Workers leaders will launch a strike against General Motors Co. at 11:59 p.m., shutting down GM’s production of cars and strikes across the United States. The company and the union remain far apart on wages, health care benefits, the status of...
by Joseph Szczesny | Sep 15, 2019
UAW-represented workers at five General Motors plants went on strike Saturday as talks between the union and automaker continued throughout the day. However, the strikers were Aramark janitorial staffers, not GM employees. In fact, GM employees were instructed to...
by Joseph Szczesny | Sep 13, 2019
The rise in the popularity of sport-utility vehicles has led to a revival of the Lincoln brand. Earlier in the decade, it looked as if Lincoln was destined for some sort of automotive graveyard. But the new Lincoln Navigator and now the Nautilus have helped give...
by Joseph Szczesny | Sep 13, 2019
The maneuvering in the digital space surrounding the automotive industry continues as Santa Monica-based Fair announced that it is acquiring the assets of Canvas, a fledgling vehicle subscription service and a wholly owned subsidiary of the Ford Motor Credit Co. Ford...
by Joseph Szczesny | Sep 13, 2019
An active member of the United Auto Workers executive board was charged with money laundering, conspiracy and falsifying reports required by the U.S. Department of Labor while embezzling as much as $1 million. The charges against Vance Pearson, director of UAW Region...
by Joseph Szczesny | Sep 12, 2019
The busy port that is a key destination for car being imported into the United States just accepted its first ship after a freighter designed specifically to transport cars and trucks capsized in the main channel leading to the Port of Brunswick, south of Savannah,...
by Joseph Szczesny | Sep 11, 2019
Electric vehicle start-up Rivian has attracted a $350M million investment from Cox Automotive as sit prepares for the launch of production late next year. The investment by Cox, a global automotive services company based in Atlanta, Georgia, follows the $500 million...
by Joseph Szczesny | Sep 10, 2019
Moody’s Investors Service has cut Ford Motor Co.’s credit rating to junk for the first time since the depths of the recession a decade ago on doubts about the automaker’s turnaround plans. Moody’s downgraded Ford to the highest junk rating, Ba1, saying the automaker’s...
by Joseph Szczesny | Sep 9, 2019
Rescue and salvage crews were expected to continue searching for four missing crewmen and to stabilize a massive ocean-going freighter, carrying more than 4,000 vehicles that capsized and is burning off the coast of Georgia in the wake of Hurricane Dorian. The ship,...
by Joseph Szczesny | Sep 6, 2019
With a week to go, negotiations on a new labor contract, covering more than 46,000 General Motors Co. employees covered by a labor contract the United Auto Workers moving slowly, according to an update by a key UAW negotiator. Terry Dittes, the UAW vice president in...
