U.S. auto workers are on the verge of launching a potential unprecedented strike against the “Big Three” automakers. With the United Auto Workers (UAW) union contracts set to expire at midnight on Friday, negotiations between the union and Ford, General Motors, and Stellantis have reached an impasse. Union president, Shawn Fain, has repeatedly stated that …
The tight labor market of the past few years has prompted employers to reconsider their approach to screening job applicants. Some notable companies like Kellogg’s, General Motors, and Bank of America have decided to eliminate the requirement for a four-year degree. This shift towards skills-based hiring allows for a more diverse pool of candidates with …
In a statement, U.S. President Joe Biden expressed confidence that workers at the nation’s three major automakers are unlikely to go on strike, despite an impending contract deadline at the end of this month. As he arrived in Philadelphia for a speech commemorating the U.S. Labor Day holiday, President Biden stated, “I have no concerns …
In mid-September, a potential strike at Ford, GM, and Stellantis, collectively known as the big three automakers, could extend the “summer of strikes” into autumn. The United Auto Workers (UAW) union, which has endorsed President Biden, plans to strike on September 14 if an agreement is not reached. The UAW’s support for Biden could further …
Auto workers in Detroit have overwhelmingly voted to give their union leaders the power to call strikes against car companies in the city if a contract agreement is not reached. The United Auto Workers (UAW) union announced on Friday that preliminary results show 97% of workers have voted in favor of authorizing strikes against Stellantis, …
General Motors’ self-driving car operator, Cruise, has announced plans to reduce its fleet of autonomous vehicles in San Francisco by 50%. This decision comes following several collision incidents involving the self-driving taxis, shortly after California regulators granted Cruise and competitor Waymo permission to operate autonomous vehicles around the clock. The California Department of Motor Vehicles …
Berkshire Hathaway, the conglomerate spearheaded by the esteemed billionaire Warren Buffett, recently unveiled its latest investments in the homebuilding industry. The company, known for its extensive equity portfolio valued at $353.4 billion as of June 30, has disclosed these investments in a regulatory filing. Despite a slowdown in Berkshire’s homebuilding and remodeling businesses during the …
Seven leading automakers have announced plans to collaborate on building an expansive electric vehicle (EV) charging network across North America. General Motors, BMW, Honda, Hyundai, Kia, Mercedes, and Stellantis are joining forces to invest billions of dollars in constructing high-power charging stations featuring approximately 30,000 plugs in urban areas and along travel routes. The aim …
Seven major automakers have joined forces to create a groundbreaking national network of 30,000 electric vehicle charging stations. BMW, General Motors, Honda, Hyundai, Kia, Mercedes, and Stellantis have announced plans to roll out the first round of these “high-powered charging” stations by next summer. This collaboration aims to address the long-standing issue faced by electric …
Automakers are facing dissatisfaction from car owners as they dive into the electric vehicle market. One major complaint is that simple controls for air conditioning and audio are embedded within complex software that is difficult to navigate. According to JD Power’s Automotive Performance, Execution and Layout (APEAL) Study, most factors have declined in terms of …