TSLA388.940-5.52%
GM76.734-0.9062%
F14.160-0.02%
RIVN16.715-1.085%
CYD45.015-0.855%
HMC28.7450.855%
TM179.2402.32%
CVNA69.330-1.26%
PAG206.3105.91%
LAD341.40010.03%
AN209.4005.86%
GPI327.7858.385%
ABG227.1508.72%
SAH102.5502.82%
TSLA388.940-5.52%
GM76.734-0.9062%
F14.160-0.02%
RIVN16.715-1.085%
CYD45.015-0.855%
HMC28.7450.855%
TM179.2402.32%
CVNA69.330-1.26%
PAG206.3105.91%
LAD341.40010.03%
AN209.4005.86%
GPI327.7858.385%
ABG227.1508.72%
SAH102.5502.82%
TSLA388.940-5.52%
GM76.734-0.9062%
F14.160-0.02%
RIVN16.715-1.085%
CYD45.015-0.855%
HMC28.7450.855%
TM179.2402.32%
CVNA69.330-1.26%
PAG206.3105.91%
LAD341.40010.03%
AN209.4005.86%
GPI327.7858.385%
ABG227.1508.72%
SAH102.5502.82%


United Auto Workers

President Biden addresses the UAW's landmark strike against Detroit's Big Three, urging continued negotiations and understanding.

President Biden speaks on historic UAW strike against Detroit’s Big 3

- September 15, 2023
Around midday on Friday, September 15, President Joe Biden delivered remarks at the White House addressing the United Auto Workers (UAW) union strike.   After failing to reach contract agreements with...
Headlines Articles
At 10:00 p.m., over 40,000 viewers watched UAW president Shawn Fain on Facebook live as he laid out the preliminary strike strategy.

It’s official—the UAW is on strike

- September 15, 2023
Mere hours before the United Auto Workers’ contract deadline midnight on Thursday, General Motors increased its wage offer to 20% from 18%. Though, it wasn’t enough to placate UAW chief...
Articles Headlines
Unless an agreement is reached by Thursday night, UAW officials will halt negotiations on Friday, and support workers on picket lines instead.

UAW members prepare to strike as contract deadline draws closer

- September 14, 2023
United Auto Workers (UAW) President, Shawn Fain, announced on Wednesday that OEM contract offers remain unsatisfactory and a strike is likely.   Addressing union members in a Facebook livestream, Fain acknowledged...
Headlines Articles
Dealers saw new car supply rise in August but could soon face shortages once again as the United Auto Workers union inches toward a strike.

New car supply rises in August but faces United Auto Workers disruption

- September 11, 2023
New car supply rose in August to its highest point since April 2021, but an increasingly probable strike by the United Auto Workers union threatens to undo this progress in...
Articles Headlines
United Auto Workers contract negotiations returned to a standstill as union chief Shawn Fain and President Biden clashed over a labor strike.

Fain and Biden clash on strike, as United Auto Workers talks stall

- September 5, 2023
Negotiations between United Auto Workers (UAW) and Detroit-Three automakers returned to a standstill as union chief Shawn Fain and President Biden clashed over the organization's impending strike. United Auto Workers rebuffed...
Articles Headlines
A 10-day UAW strike could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including dealers.

UAW strike could affect dealers, cause industry losses of $5 billion

- August 18, 2023
A 10-day UAW strike (United Auto Workers) could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including dealers. The total was calculated by the...
Articles Headlines
UAW intensifies contract demands, Lordstown settles IP case for $40M, Tesla enters data realm, and more in this week's auto news.

Weekly roundup: UAW fight picks up steam, Lordstown settles with Karma Automotive

- August 18, 2023
Earlier this week: The United Auto Workers (UAW) announced they are poised to escalate their efforts in securing favorable contract terms from the Big Three automakers as their current contracts...
Articles Headlines
UAW won't endorse Biden without EV promises, call Trump re-election a "disaster"

UAW won’t endorse Biden without EV promises, calls Trump re-election a ‘disaster’

- May 4, 2023
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of the auto industry. In a letter, newly-seated...
Articles Headlines
forced labor

Senate committee now looking into automakers over alleged ties to forced labor

- December 27, 2022
The Senate Finance Committee has contacted several automakers, hoping to uncover whether U.S. companies are tied to forced labor in China. The Xinjiang region of China is occupied by a large...
Articles Headlines
Jeep Cherokee

Stellantis may still have use for closing Jeep Cherokee plant

- December 15, 2022
Stellantis is sticking with its plans to close the sole Jeep Cherokee plant in Illinois, however the company has hinted it may reopen in the future. The facility, located in Belvidere,...
Articles Headlines

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Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
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Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
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Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
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Pricing transparency raises OEM website satisfaction, JD Power finds
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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
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Mitsubishi expands Texas port operations to speed dealer deliveries
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The AI platform capturing $10,000 a month in after-hours dealer revenue
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Fighting payment anxiety in the F&I office with empathy and value
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Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
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