Ford Financial News
26.10 / 05:22
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Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers
The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers
26.10 / 12:05
26.10 / 04:41
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Honda and General Motors end ‘affordable’ EV partnership
General Motors have jointly announced the discontinuation of their partnership aimed at producing affordable electric vehicles from 2027, AFP reported. The decision comes after extensive studies and analysis, the joint statement said. However, no specific reason was provided.
26.10 / 02:45
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Ford, United Auto Workers (UAW) agree to 25% wage hike in tentative deal to end strike
Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years. With cost-of-living allowances, the top wage rate is expected to increase by 33%. The top pay will be over $40 an hour, the union said.
26.10 / 01:57
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Instant view: Ford reaches tentative deal with striking UAW workers
(Reuters) — Ford Motor (NYSE:F) and United Auto Workers (UAW) union negotiators reached a tentative labor deal after a six-week strike, UAW President Shawn Fain said on Wednesday, agreeing on a 4-1/2-year contract that would provide a record pay boost.
25.10 / 19:23
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Canadian union Unifor to prioritize talks on EV transition with Stellantis
(Reuters) — Canadian labor union Unifor said on Wednesday that it is prioritizing discussions around the EV transition for the Brampton assembly plant in its labor contract talks with Chrysler parent Stellantis NV (NYSE:STLA).
25.10 / 05:43
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Premiers’ ask for rate hold put Bank of Canada’s independence at risk: Macklem
Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence.
25.10 / 04:39
24.10 / 20:33
24.10 / 13:13
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Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketing
The United Auto Workers union has once again escalated its strikes against Detroit Three automakers, this time adding a factory that makes Ram pickup trucks for Stellantis
24.10 / 13:13
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UAW's confrontational leader makes gains in strike talks, but some wonder: Has he reached too far?
Throughout its 5-week-old strikes against Detroit’s automakers, the United Auto Workers union has cast an emphatically combative stance, reflecting the style of its pugnacious leader, Shawn Fain
24.10 / 13:13
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Strikes trim GM profit in an otherwise strong quarter; more losses anticipated if picketing spreads
A strike by autoworkers against General Motors is expected to cut the automaker's pretax earnings by $800 million this year, and another $200 million per week after that
23.10 / 17:47
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UAW expands strike against Stellantis, targets largest plant
Automotive News executive editor Jamie Butters discusses the expansion of the UAW strikes and its impact on car buyers.
23.10 / 17:47
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United Auto Workers strike: Cost to US economy tops $9 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.
23.10 / 14:23
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GM, Ford slip after UAW warns of more walkouts, analysts say deal is close
(Reuters) — Shares of U.S. automakers Ford Motor (NYSE:F) and General Motors (NYSE:GM) slipped about 1% each in morning trade on Monday after the United Auto Workers (UAW) union warned of more walkouts unless a new labor deal is reached.
22.10 / 14:15
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Tesla's tumble: This week in EVs
Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla to exercise caution, see big share drop; OSHA proposes fines on GM battery plant.
22.10 / 10:23
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China's PLA deployed six warships in Middle East amid Israel-Hamas war: Reports
Track the latest updates on Israel-Hamas war The development comes at a time when the US has sent USS Gerald R Ford, its most advanced carrier, along with a battle group to the West Asia region. Washington is also assisting Israel with A-10 Warthog and F-15E attack planes, along with the latest munitions as the Benjamin Netanyahu-led regime continues its offensive on Gaza. Meanwhile, Chinese President Xi Jinping on October 19 reiterated Beijing's long-held view that supports the creation of a sovereign state of Palestine.
21.10 / 05:15
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US auto workers' union boss says strikes will continue in bid for better offers from companies
United Auto Workers President Shawn Fain said Friday that while Detroit’s automakers have increased their wage and benefit offers, he believes the union can gain more if it holds out longer in its contract talks
21.10 / 00:17
20.10 / 10:07
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Media’s $100b man says the ad market has room to grow
Christian Juhl sits atop a $100 billion-a-year budget and is one of the world’s most powerful media executives.
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