Ford Financial News

The head of the United Auto Workers warned that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time contracts expire next week

The chief executive of THL, which operates a fleet of 7233 rental campervans and motorhomes, is backing the push to open Australia to more competition from international airlines such as Qatar Airways.

(Reuters) — The United Auto Workers union on Wednesday plans to make a labor contract counterproposal on economic issues to Ford Motor (NYSE:F), a source told Reuters.

By Nandita Bose and David Shepardson

Albemarle boss Kent Masters says the battery chemical giant is already eyeing the need for a new lithium hydroxide plant as part of its $6.6 billion takeover of Liontown Resources.

Danelo Cavalcante, who fled a prison in the state. The search was intensified on the sixth day of his escape after he was captured on a trail camera at a popular botanic garden. Cavalcante escaped from the Chester County Prison on Thursday when he was waiting to be shifted to a state facility. He was sentenced to life in prison for fatally stabbing his girlfriend in front of her children. He was also wanted in a murder case in his native country Brazil.

The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people

A 46% pay raise

WASHINGTON (Reuters) — U.S. auto safety regulators said Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi are unsafe and need to be recalled because they may rupture.

New vehicle sales in August climbed by 15.4 per cent compared with a year ago to set a record for the month as buyers shrugged off cost-of-living pressures and supply logjams eased.

NEW DELHI : JSW Group may announce the purchase of a stake in MG Motor India as early as two months if the negotiations progress successfully, and the first JSW electric car could roll out from a factory as early as next year, two people familiar with the development said. The deal, which is likely to value MG Motor India at $1.2-1.5 billion, involves the initial purchase of a minority stake by JSW Group, with a firm plan to secure a majority stake in the automaker over time.

By Jan Schwartz

A 46% pay raise

By Trevor Hunnicutt

Just when it is becoming easier to find a car, along comes another potential supply shock: a United Auto Workers strike. Labor Day this year comes at an unusually tense point in relations between U.S. vehicle assemblers and General Motors, Ford and Chrysler-owner Stellantis.

RBI. The bank has done all it needed to at its end in succession.

resigned as the managing director and chief executive four months before his term was set to end, the bank said in a stock exchange filing on Saturday. Kotak Mahindra Bank is India's fourth largest private sector bank by assets.

The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands

The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands

OCCRP, a global collective of investigative journalists backed by billionaire George Soros and others, on Thursday said it has uncovered a trail of financial transactions to show that Adani Group promoters indulged in share price manipulation of at least four group company stocks via undisclosed related entities. In its report, the Organized Crime and Corruption Reporting Project (OCCRP) alleged that two overseas funds, or foreign portfolio investors (FPIs), that invested extensively in Adani stocks during 2013-18 acted as «fronts» for the group's promoters.Recycled Allegations: Adani OCCRP also said they were managed by individuals who are former associates of Adani Group. «Nasser Ali Shaban Ahli from Taiwan and Chang Chung-Ling from the United Arab Emirates, both with longstanding business ties to the Adani family, who have also served as directors and shareholders in Adani Group companies and related Vinod Adani-associated firms, used the funds to trade large amounts of shares in four Adani companies between 2013 and 2018,» the collective's report said. «In March 2017, the value of these investments in Adani Group stock was $430 million.

NEW DELHI : India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform - the structural underpinnings of a car on which it is built - to manufacture EVs in India under its own brand name, the sources said, in the company's second attempt to enter the growing business. JSW is likely to use a single platform on which it can build at least three mid-sized sport-utility vehicles (SUVs), one of the sources said, adding that Leapmotor will also engineer the cars for the Indian company.