TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


General Motors

Despite this setback, GM remains optimistic, planning to cover the costs of its new contract with the UAW and even increase its dividend.

GM reports $1.1 billion hit from UAW strike but raises dividend, adjusts financial outlook

- November 29, 2023
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss, according to The Associated Press. Despite this...
Following a series of safety-related investigations, the CEO and co-founder of General Motors' robotaxi division Cruise, Kyle Vogt, announced his resignation on November 19.

CEO of GM’s Cruise robotaxi division resigns following series of missteps

- November 20, 2023
Following a series of safety-related investigations, the CEO and co-founder of General Motors' robotaxi division Cruise, Kyle Vogt, announced his resignation on November 19.  Shortly after his departure, Vogt sent an...
Some UAW members have expressed dissatisfaction with the proposed agreement, citing inflated expectations during negotiations.

UAW vote on tentative contract with GM inches closer to ratification

- November 16, 2023
The United Auto Workers (UAW) tentative agreement with General Motors (GM) is back on track for ratification, as the voting results take a positive turn. As of Wednesday, around 54% of...
United Auto Workers members at facilities in Kentucky and Michigan have voted against contracts proposed by Detroit-Three OEMs.

United Auto Workers members at 3 plants vote no on Ford, GM deals

- November 13, 2023
United Auto Workers members at three key facilities in Kentucky and Michigan have voted to reject their respective contracts with Detroit-Three manufacturers, raising concerns about the union's efforts to move...
President Biden joined United Auto Workers in Illinois where he expressed hope the union's achievements would lead to widespread change.

Biden attended United Auto Workers event, endorses plan to organize non-union OEMS

- November 10, 2023
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the organization. The President has now appeared alongside...
Consumer behavior trends seemed to contradict automaker expectations in CarGuru's October intelligence report.

CarGurus report highlights disconnect in consumer behavior, OEM forecasts

- November 8, 2023
Consumer behavior trends seemed to contradict narratives set by automotive industry leaders throughout October, according to a new intelligence report by CarGurus. October presented challenges and even setbacks for many automakers,...
The United Auto Workers has revealed that GM will invest $13 billion into its facilities and raise wages by 27% under its new contract.

United Auto Workers shares updates on General Motors contract

- November 6, 2023
United Auto Workers leaders on Saturday detailed the union's tentative agreement with General Motors, the last of the Detroit-Three automakers to reach a deal. According to the UAW's announcement, General Motors...
General Motors reached a tentative deal with the United Auto Workers union early Monday following last week's Ford and Stellantis deals.

General Motors establishes tentative deal with UAW

- October 30, 2023
General Motors reached a tentative deal with United Auto Workers leaders early Monday morning, signaling the end of the union's six-week strike against Detroit automakers. General Motors is the last of...
Stellantis on Saturday reached a deal with the United Auto Workers union which includes a 25% pay raise and cost of living adjustments.

Stellantis strikes second United Auto Workers deal

- October 30, 2023
Stellantis became the second Big-Three manufacturer to reach a tentative deal with the United Auto Workers union over the weekend, ending more than 40 days of strikes at the Jeep-Chrysler...
Ford saw third-quarter earnings rise over the previous year but withdrew its full-year guidance amidst labor and electric vehicle concerns.

Ford earnings underwhelm analysts, automaker postpones EV investments

- October 27, 2023
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached a tentative deal with the United...


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