Although Tesla (NASDAQ: TSLA) shares are currently 40% below their all-time high, a level that was reached in late 2021, the disruptive industry leader has seriously rewarded its investors in 2023.
Joe Biden and Donald Trump will speak to striking auto workers in rare back-to-back events in Michigan this week, highlighting how important unions are to the 2024 presidential election, even though they represent a tiny fraction of U.S. workers.
(RTTNews) - Ford Motor Co. (F) has paused construction on a $3.5 billion plant in Michigan where it planned to make batteries for electric vehicles using technology from a Chinese company, media reported quoting a Ford spokesman said on Monday.
The United Auto Workers (UAW) strike could certainly affect General Motors GM and Ford F the longer it lasts but there appears to be much risk already priced into their stocks.
Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor.
In the latest trading session, Ford Motor Company (F) closed at $12.58, marking a +1.21% move from the previous day. This move outpaced the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.13%, and the tech-heav
Ford Motor said Monday it has paused work on a $3.5 billion battery plant in Michigan, citing concerns about its ability to competitively operate the plant.
Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor.
Nissan Motor Co said on Monday all its new European models will be fully electric and it plans to sell only electric vehicles (EVs) on the continent by 2030, joining a growing number of carmakers shifting to electric by the end of the decade.
Canadian union Unifor on Monday announced General Motors as its second bargaining "target" in contract talks with the Detroit Three, a day after ratifying a new three-year contract with Ford Motor.
The U.S. auto industry is experiencing turbulence as the United Auto Workers (UAW) strike is intensifying. The strike, which began on Sep 15, at three plants has now expanded its reach to 38 parts and distribution centers across 2
Ford Motor Co.’s (F) shares gained 1.9% following progress in talks with the company’s striking United Auto Workers union. Activision Blizzard Inc. ‘s (ATVI) shares rose 1.7% after the antitrust authority of Britain cleared Micro
December S&P 500 futures (ESZ23) are down -0.25%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.27% this morning as the benchmark U.S. 10-year yield rose toward a 15-year high, while market participants looked ahead to the release of the Fed’s favorite inflation gauge as well as speeches from Fed officials.
(RTTNews) - Amid the ongoing strike by U.S autoworkers against the Big Three over demands for better pay and benefits, Canadian auto union members ratified a new three-year collective labor agreement with Ford Motor Co.'s Canadian unit., preventing possible walkouts.
Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the news drew anger from automakers worried about supply chains and investment uncertainty.
Ford Motor said on Sunday that despite progress in some areas, it still has "significant gaps to close" on key economic issues before it can reach a new labor agreement with the United Auto Workers union.
Ford Motor said late on Sunday that it still has "significant gaps to close" on key economic issues to reach a new labor agreement with the United Auto Workers union.