City Detroit Financial News

17.10 / 05:55
COST UPS Target country end stake Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company's future is at stake
Ford Motor Co. Executive Chairman Bill Ford has called on autoworkers to come together and end a monthlong strike that he says could cost the company the ability to invest in the future
16.10 / 21:27
Hollywood UPS FIVE Entertainment Healthcare MGM Thousands of Detroit casino workers threaten to go on strike on Tuesday
(Reuters) — About 3,700 Detroit casino workers are set to strike on Tuesday noon, if a contract deal is not reached, the Detroit Casino Council (DCC) said on Monday.
16.10 / 20:55
COST Ford economy show United Auto Workers strike: Cost to US economy nears $8 billion
Comodo Motors general manager Jordan Baker joins The Big Money Show to discuss the impact on auto dealers and car buyers from the ongoing UAW strike.
16.10 / 13:35
UPS Progressive Ford Assurant President reports Time UAW breaks pattern of adding factories to strikes on Fridays, says more plants could come any time
The United Auto Workers union isn’t adding any factories to those that are now on strike, but its president says more walkouts could begin at any moment
14.10 / 21:03
Target Ford Action UAW says had to escalate action on Ford
(Reuters) -The United Auto Workers said on Saturday they had to escalate action against Ford (NYSE:F) as they expected a revised offer from the automaker but were given the same offer as two weeks ago.
14.10 / 00:21
MET Reuters Ford Strategy President UAW strike against Detroit automakers has entered 'new phase,' union boss says
Automotive News executive editor Jamie Butters discusses the expansion of the UAW strikes and its impact on car buyers.
13.10 / 14:05
Ford Parke Highways Nov cover 2020 Ford recalls over 238,000 Explorers to replace axle bolts that can fail after US opens investigation
Ford is recalling more than 238,000 Explorers in the U.S. because a rear axle bolt can fail, potentially causing a loss of drive power or allowing the SUVs to roll away while in park
12.10 / 19:54
Ford Action Assurant President reports Auto workers escalate strike, walking out at Ford's largest factory and threatening Stellantis
The United Auto Workers union significantly escalated its walkout against Detroit's Three automakers by going on strike Wednesday at the largest and most profitable Ford plant in the world
12.10 / 19:53
COST economy President Actor show Support More Americans support striking auto workers than car companies, an AP-NORC poll shows
More Americans sympathize with the striking auto workers than with the three big car companies that employ them
11.10 / 22:54
COST UPS Citi Ford CEO Samsung Stellantis picks Kokomo, Indiana, for its second US battery venture with Samsung SDI
Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs
11.10 / 22:53
Citi Ford Manufacturing Assurant President reports Detroit automakers and union leaders spar over 4,800 layoffs at non-striking factories
Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks
11.10 / 22:53
COST UPS Citi Ford CEO Samsung Stellantis to build 2nd EV battery factory in Kokomo, Indiana
Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs
11.10 / 10:29
COST Ford Strategy Healthcare President High UAW Wages Shrink Detroit’s Room to Maneuver
Even before the raise they are striking for, Detroit’s unionized auto workers are probably the best paid in the world after factoring in benefits such as healthcare. Their employers can afford it for now, but high labor costs box them in strategically. Whatever the outcome of continuing negotiations with the United Auto Workers union, General Motors, Ford and Chrysler owner Stellantis will have to pay a lot more for factory staff.
10.10 / 23:03
Reuters Ripple Ford Fox economy reports US automakers lay off hundreds more workers as UAW strike's ripple effects grow
Comodo Motors General Manager Jordan Baker joins ‘The Big Money Show’ to discuss the impact on auto dealers and car buyers from the ongoing UAW strike.
10.10 / 16:11
Progressive Ford President cover Factbox-Top issues in Detroit Three's negotiations with UAW
(Reuters) — The United Auto Workers (UAW) secured a «major breakthrough» in labor talks with the Detroit Three automakers as General Motors (NYSE:GM) made some concessions by allowing workers at joint-venture battery plants to be covered by union contracts.
10.10 / 11:09
UPS Ford CEO Assurant President consequences The future of electric vehicles looms over negotiations in the US autoworkers strike
Electric vehicles and their potential impact on job security have become central to negotiations in the U.S. autoworkers strike

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