United Auto Workers President Shawn Fain speaks with the media and union members outside the UAW Local 900 headquarters across the street from the Ford Assembly Plant in Wayne, Michigan, Sept. 15, 2023.Matthew Hatcher | AFP | Getty ImagesDETROIT – The United Auto Workers strike is bringing a blue-collar...
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023.Michael Wayland / CNBCDETROIT – The United Auto Workers union plans to strike three U.S. assembly plants of General Motors, Ford Motor and Stellantis, UAW President Shawn Fain...
United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023.Rebecca Cook | ReutersDETROIT – The United Auto Workers union is preparing to conduct unprecedented, targeted strikes against Ford Motor,...
Ford CEO Jim Farley speaks with media after revealing the 2024 Ford F-150 for the Detroit auto show on Sept. 12, 2023.Michael Wayland / CNBCDETROIT – Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead...
The United Auto Workers union will strike against the Detroit automakers if the sides don't reach labor deals by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday on CNBC's "Squawk Box."Fain's comments came the morning after he outlined plans to local union leaders about implementing...
2024 Ford F-150 PowerBoost Platinum hybridFordDETROIT — Ford Motor plans to double production of a hybrid version of its F-150 pickup truck as the company grapples with slower-than-expected sales of its all-electric vehicles.Ford expects to increase sales of the V-6 hybrid model during the 2024 model year to roughly...
United Auto Workers members on strike picket outside General Motors' Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019.Michael Wayland / CNBCDETROIT – Many on Wall Street view potential strikes by United Auto Workers against the Detroit automakers as largely manageable – even seeing investment opportunities.Some believe potential strikes are...
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesDETROIT – Prices of wholesale used vehicles may have bottomed for the year, as Cox Automotive said prices last month increased for the first time since March.Cox reported Friday its...
UAW Local 5960 member Kinethia Black fills the brakes of a 2022 Chevrolet Bolt EUV during vehicle production on Thursday, May 6, 2021 at the General Motors Orion Assembly Plant in Orion Township, Michigan.Photo by Steve Fecht for ChevroletDETROIT – General Motors on Thursday offered its largest four-year wage...
UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023Michael Wayland / CNBCA strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor,...