Tag: OEM news
Hyundai reveals November sales surge, led by Santa Fe and IONIQ...
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends...
Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization,...
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in...
Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...
Future of EV sales: direct-to-consumer vs franchise dealers — Matt VanDyke...
In recent years, the retail automotive industry has seen dramatic changes in the ways consumers shop for and purchase electric vehicles (EVs), challenging the...
GM reports $1.1 billion hit from UAW strike but raises dividend,...
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,...
GM’s Mary Barra responds to UAW strike: ‘I’m extremely frustrated and...
Early Friday morning, General Motors CEO Mary Barra shared her reaction to the United Auto Workers union strike with CNBC's Phil Lebeau during an...
It’s official—the UAW is on strike
Mere hours before the United Auto Workers’ contract deadline midnight on Thursday, General Motors increased its wage offer to 20% from 18%. Though, it...
UAW considering smaller-scale, targeted strikes as deadline approaches
United Auto Workers (UAW) union leaders face a critical juncture as Thursday's strike deadline approaches fast. According to reports from the Associated Press, if...
Hyundai introduces “hypercasting” to rev up EV production
Hyundai is now incorporating "hypercasting" into its electric vehicle (EV) production, echoing Tesla's Giga Casting technique. As reported by Korean newspaper Hankyung, hypercasting involves...
National Right to Work Foundation issues legal notice to employees of...
The National Right to Work Legal Defense Foundation has released a legal notice to thousands of autoworkers who may be impacted if United Auto...
