TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%


United Auto Workers

The UAW is committing $40 million to fuel its unionization efforts across multiple automaker facilities in the U.S.

UAW to spend $40 million on unionization campaign over next 2 years

- February 22, 2024
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union automaker facilities across the U.S. The UAW...
Articles Headlines
The UAW has confirmed it has reached a tentative agreement with Ford at the company's Kentucky Truck Plant, narrowly avoiding a strike.

UAW strike on hold after Ford reaches tentative agreement with union

- February 21, 2024
Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another labor strike. Earlier this week, the UAW...
Articles Headlines
The UAW plans to strike Ford's Kentucky Truck plant as early as this week over a months-long labor contract delay.

UAW to strike Ford’s Kentucky plant over five-month contract delay

- February 19, 2024
The United Auto Workers (UAW) union says it will go on strike at Ford's Kentucky Truck Plant as early as this week if the automaker fails to sign a contract...
Articles Headlines
The UAW's goal is to secure pensions and healthcare for all 146,000 auto workers. But, it remains unfulfilled.

UAW Chief Fain demands government pension support, declines to endorse Biden

- January 23, 2024
Shawn Fain, President of the United Auto Workers (UAW), called for the government to ensure pension security for workers if corporations don't pay won't for them. The comments were made at...
Headlines Articles
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Steve Greenfield’s 9 predictions for the future of automotive in 2024

- December 29, 2023
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility news into the context of the...
Future of Automotive Featured
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Looking back at 4 of the biggest automotive industry headlines in 2023

- December 22, 2023
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility news into the context of the...
Future of Automotive Featured
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

- December 15, 2023
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...
Daily Automotive News Articles
The United Auto Workers union says that 30% of employees at Volkswagen's only U.S. plant have joined its efforts to unionize the car industry.

United Auto Workers scores initial victory at non-union Volkswagen plant

- December 8, 2023
The United Auto Workers union says 30% of Volkswagen employees at the company's Tennessee plant have joined the nationwide effort to organize labor across the automotive industry. It took only a...
Articles Headlines
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
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 an open letter. Nov. U.S. new-vehicle...
Daily Automotive News Articles
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
Headlines Articles

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Ford files patent for smart tool tracking system in vehicles
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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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Stellantis revives supplier rewards program to drive cost savings

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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CBT News
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