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...Earlier on Tuesday, Peugeot chief executive Linda Jackson said the company had “no choice” but to meet its plan to sell only electric vehicles in Europe by 2030....
...“Across the three companies, 64 per cent of voting members voted in favour of the agreements”, the UAW wrote on X on Monday, locking in the tentative agreements reached with each company....
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...The Michigan company told investors earlier this year it would earn an adjusted $11bn to $12bn before interest and taxes in 2023....
...The tentative contract will not take effect unless the UAW’s members at Ford vote to ratify it....
...The union wrested big pay rises and other benefits from Ford, General Motors and Stellantis earlier this month after a six-week strike against the companies....
...UAW president Shawn Fain has said that he plans to organise more than two dozen additional auto plants across the southern US, including a Toyota plant in Missouri and a Nissan one in Mississippi....
...The United Auto Workers will expand its strike against Ford and General Motors, but not Stellantis, citing progress with the company at the bargaining table moments before UAW president Shawn Fain was scheduled...
...The United Auto Workers is expanding its strike against General Motors and Stellantis, while sparing Ford, which it said had significantly improved its offer to workers....
...At Ford, approximately 68 per cent of voters favoured ratification. Union workers at General Motors ratified their contract yesterday....
...Tapping the resurgent demand for hybrids was a priority, executives from General Motors, Nissan, Hyundai, Volkswagen and Ford told the Financial Times’ Future of the Car Summit this week....
...Ford’s forecast comes a day after rival General Motors reinstated its guidance and warned of similar cost pressures, but cheered investors with plans for a $10bn share buyback....
...Claire BusheyThe mountains were General Motors and Stellantis and Ford. Shawn FainBut together we can make these mountains move. Claire BusheyAnd in the end, they moved them....
...Bill Ford spoke on Monday as members of the United Auto Workers union continued to strike at plants owned by his company, and by General Motors and Stellantis....
...After winning record pay increases for 146,000 auto workers at Ford, General Motors and Stellantis, the United Auto Workers union is now rolling out a three-year, $40mn campaign to organise workers at 13...
...The United Auto Workers union is expanding its weeklong strike to additional workplaces owned by General Motors and Stellantis, while sparing Ford, which it said had significantly improved its offer to workers...
...The United Auto Workers will expand its strike against Ford and General Motors, while sparing Stellantis from further action, citing progress with the company at the bargaining table....
...The UAW started bargaining with Ford, GM and Stellantis in July....
...It should be Ford and the UAW versus Toyota and Honda, Tesla and all the Chinese companies that want to enter our home market.”...
...The company later said the UAW’s proposal “would more than double Ford’s UAW-related labour costs”....
...Members of the UAW on Friday went on strike at plants in Michigan, Missouri and Ohio owned by Ford, General Motors and Stellantis respectively after months of contract talks....
...Ford on Thursday said that the strikes had cost the company roughly $1.3bn, with 80,000 fewer cars and trucks produced. Separately General Motors has said that the strike has cost the company $800mn....
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