Biden accuses Big Three automakers of making 'record profits' that must be 'shared fairly' with UAW strikers
President Biden on Friday called for the Big Three automakers to share their "record profits" with workers and resolve the ongoing United Auto Workers strike.
UAW strike will be felt beyond Detroit, National Association of Manufacturers warns
The National Association of Manufacturers is calling on the United Auto Workers union and Detroit's Big Three automakers to work out an agreement to end the strike.
Ford reveals 2024 F-150 at Detroit Auto Show
Ford debuted the new 2024 Ford F-150 at the Detroit Auto Show. The pickup features a new pro access tailgate designed to be easier to use while a trailer is hooked up.
Smucker to buy Twinkies maker Hostess for $5.6B
J.M. Smucker will buy Hostess Brands in a deal valued at $5.6 billion. Smucker said the acquisition is expected to close in the third quarter of its current fiscal year.
Stellantis offers 14.5%, 4-year wage hike to UAW as potential strike looms
Despite Stellantis coming closer to UAW demands than contemporaries Ford and GM, the offer is still much less than the 46% wage hike being sought by the union.
GM makes ‘insulting proposal’ ahead of autoworker deadline, UAW president says
General Motors has offered a 10% wage increase to the United Auto Workers in what the union’s president is calling an “insulting proposal."
JPMorgan warns auto strike will cut new vehicle production, driving used car prices higher
Analysts at JPMorgan said the looming United Auto Worker (UAW) strike at Ford, GM and Stellantis would slow new vehicle production and subsequently spike the value of used cars.
Lockheed Martin trims delivery outlook for F-35 stealth jets
Lockheed Martin lowered its outlook for F-35 deliveries amid software upgrade delays that trimmed its projected 2023 deliveries for the stealth jets to 97 from a range of 100-125.
Biden doesn’t think autoworkers will strike, as deadline looms
President Biden said on Labor Day he does not think auto workers will go on strike if a new contract agreement is not reached by a looming deadline.
Worker shortages hitting these five professions
Jobs in a wide range of industries have been dealing with worker shortages. They include air traffic controllers, teachers, bus drivers, construction workers and others.
Hyundai, LG to invest additional $2 billion in Georgia battery plant
Hyundai Motor Group and LG Energy Solution will invest $2 billion in a joint venture to build a battery cell manufacturing plant in Georgia.
Apple reportedly doing 3D printing trials for watches
Apple has carried out 3D printing trials for some of its future watch manufacturing, according to Bloomberg. The 3D printing has reportedly been in the works for several years.
America's skilled worker shortage impacting construction, manufacturing industries
The U.S. economy is facing a shortage of skilled workers that is impacting the construction and manufacturing industries in particular, prompting a search for a new talent pipeline.
Elon Musk's Tesla Cybertruck: 5 fast facts
Tesla CEO Elon Musk took his Cybertruck production candidate for a spin at the company's gigafactory in Texas this week as the automaker gets ready to take on rivals GM and Ford.
Production of Apple iPhone 15 reportedly kicks off in India
Assembly of Apple's iPhone 15 has reportedly been kicked off in India by major manufacturer Foxconn, according to a Wednesday report from Bloomberg News.
US manufacturing sector reaping benefits of reshoring
The U.S. manufacturing sector is benefitting from firms reshoring their operations from overseas back to the U.S. as they try to mitigate vulnerabilities in their supply chains.
Biden’s new tax could squash my family's can company
An Ohio steel conglomerate's plan threatens tens of thousands of U.S. manufacturing jobs and would increase the price of canned goods across the country.
Ford sales climb in July, EVs struggle to gain traction
Sales of Ford vehicles were 5.9% higher this July than last amid rising demand for hybrids and pickups, while electric vehicle sales fell 18%, the automaker said Wednesday.
Ford announces F-150 production restart
Ford’s Rouge Electric Vehicle Center is up after a six-week break in production to expand and retool the plant for increased manufacturing capacity of the F-150 Lightning.
California agency investigating privacy policies of auto manufacturers
The California Privacy Protection Agency’s (CPPA) Enforcement Division is reviewing the data privacy practices of connected vehicle (CV) manufacturers and related CV technologies.