TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%

Ford’s UAW contract proposal, Tesla continues price cuts, UAW files charges against GM and Stellantis

Inside Automotive 

Matt BowersEnhancing your dealers’ brands to reach your customers where they are — Matt Bowers | Matt Bowers Auto Group
Dealers are seeing more inventory- meaning their lots are filling back up. In fact, the Matt Bowers Auto Group, based near New Orleans, Louisiana, has had several stores lead their markets in a new volume in May. On today’s Inside Automotive, we’re joined by Matt Bowers, Owner of Matt Bowers Auto Group, to discuss the new volume and other business happening for the group. Watch the full segment here

Top stories

Ford made a significant offer on the upcoming contract, which provides hourly employees benefits over the contract's term. Following extensive negotiations, Ford made a significant offer on the upcoming contract, which provides hourly employees with 15% guaranteed combined wage increases, lump sums, and better benefits over the contract’s term. In a statement attributed to Jim Farley, “Ford has surpassed its obligations to invest and add employment throughout the last three contracts.” Read More

Shawn Fain, the National Labor Relations Board, NLRB, has received complaints from the United Auto Workers accusing General Motors and Stellantis of unfair labor practices for failing to bargain with the union in good faith or on time.
Image Source: Contract Talks with Detroit Three – The Detroit Bureau

According to UAW President Shawn Fain, the National Labor Relations Board, NLRB, has received complaints from the United Auto Workers accusing General Motors and Stellantis of unfair labor practices for failing to bargain with the union in good faith or on time. Fain branded the negotiation stance of GM and Stellantis as “Insulting and counterproductive” in a Facebook Live update to union members. Read More

Tesla has reduced the cost of its Full Self-Driving software by $3,000, from $15K in the U.S. to $12K, and it reduced its Model S/X prices.
Image Source: Beata Zawrzel | Getty Images

Tesla has reduced the cost of its Full Self-Driving software by $3,000, from $15K in the U.S. to $12K. Although North America did not receive the same formal Model 3 refresh announcement as Europe, it did experience a significant decrease in the cost of FSD. Thanks to the refreshment of vehicles, the Model S base price is now $3,500 cheaper, and the Model X is $8,500 more affordable. Read More

For Dealers 

Is there a disconnect between your service managers and technicians? Here’s how to fix it
Strong connections between service department managers and technicians are vital on two fronts: productivity and customer satisfaction. But sometimes poor communication, lack of training, and other factors impact workflow and the fixed ops bottom line. Let’s explore what causes this friction and how to smooth things over to foster teamwork and camaraderie. Read More

Being ready to identify fraud from the beginning of a customer interaction helps protect your store and maintain relationships with lenders.Tips to help spot identity and income verification fraud
With the gloomy economic forecasts that are flooding every media outlet daily, criminals are finding an easier environment to be able to pull off different types of fraud in dealerships nationwide. Read More

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