David Welch
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GM To Cut More Than 1,000 Software Engineers, Mostly In US
General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.
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Apple’s EV Wind Down Offers Reprieve To Tesla And Detroit Rivals
Apple exiting the EV market before it really revved up underscores just how tough the business has become.
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Apple’s EV Wind Down Offers Reprieve To Tesla And Detroit Rivals
Apple exiting the EV market before it really revved up underscores just how tough the business has become.
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GM To Cut More Than 1,300 Jobs At Two Plants In Michigan
The two plants produce Chevy Bolt electric car, Cadillac CT4 and CT5 models, and the Chevrolet Camaro sports sedan, which the company will stop making.
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Cooling EV Sales Have Tesla, GM And Ford Rethinking Investments
After years of pumping cash into the sizzling electric-vehicle market, Tesla Inc. and other major automakers are facing a new dilemma: what to do when demand chills.
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Cooling EV Sales Have Tesla, GM And Ford Rethinking Investments
After years of pumping cash into the sizzling electric-vehicle market, Tesla Inc. and other major automakers are facing a new dilemma: what to do when demand chills.
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Ford-UAW Deal Includes 25% Raises, $8 Billion Plant Investments
Ford Motor Co.’s tentative agreement with the United Auto Workers not only includes a record pay raise, but a $5,000 ratification bonus, higher payments into retirement savings accounts, faster transitions to full-time jobs for temporary workers and a $1,500 voucher toward a new vehicle purchase, a person familiar with the negotiations said.
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Ford-UAW Deal Includes 25% Raises, $8 Billion Plant Investments
Ford Motor Co.’s tentative agreement with the United Auto Workers not only includes a record pay raise, but a $5,000 ratification bonus, higher payments into retirement savings accounts, faster transitions to full-time jobs for temporary workers and a $1,500 voucher toward a new vehicle purchase, a person familiar with the negotiations said.
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GM Reaches Tentative Deal With UAW To End Six-Week Strike
General Motors Co. reached a tentative agreement with the United Auto Workers to end a six-week-old strike with similar terms to the deal signed earlier by Ford Motor Co., according to people familiar with the matter.
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GM Reaches Tentative Deal With UAW To End Six-Week Strike
General Motors Co. reached a tentative agreement with the United Auto Workers to end a six-week-old strike with similar terms to the deal signed earlier by Ford Motor Co., according to people familiar with the matter.
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Stellantis, UAW Reach Tentative Agreement to End Six-Week Strike
The deal includes a 25% hourly pay raise plus cost-of-living allowances over the more-than-four-year contract.
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Ford Agrees To 25% Wage Hike In Tentative Deal To End UAW Strike
Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years.
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Ford Agrees To 25% Wage Hike In Tentative Deal To End UAW Strike
Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years.
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GM Prepares $6 Billion Credit Line To Cushion Strike Costs
General Motors Co. is setting up a $6 billion line of credit to shore up liquidity, a move indicating the carmaker is preparing for a strike at US plants that may drag on and start to drain its coffers.
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UAW Aims For At Least 30% Wage Bump To Woo New Members
(Bloomberg) -- The United Auto Workers union wants to emerge from its strike against Detroit’s three major automakers with at least a 30% pay raise, according to people familiar with the matter.
