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Ford Plant Faces Strike As UAW Rallies Workers To Resolve Demands
Friday, February 16, 2024 - 6:01pm | 626The United Auto Workers (UAW) threatened to strike at a Ford Motor Company (NYSE:F) plant in Kentucky if union demands aren't resolved within the next seven days. What Happened: The Detroit union on Friday confirmed that nearly 9,000 UAW autoworkers at Ford's Kentucky Truck Plant — the company...
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Trump Blasts UAW President For Backing Biden: 'Get Rid Of This Dope'
Monday, January 29, 2024 - 9:22am | 622Former President Donald Trump has criticized United Auto Workers (UAW) President Shawn Fain for endorsing President Joe Biden, asserting that Fain doesn’t comprehend the future of the automobile industry. What Happened: In a Truth Social post on Sunday, Trump lambasted Fain for his support of...
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UAW President Says 'Can't Fathom' Teamsters Backing Trump, Who 'Cycled Through White House Staff Like Toilet Paper'
Monday, January 29, 2024 - 5:57am | 614United Auto Workers union President Shawn Fain dismissed the possibility of the Teamsters union supporting former President Donald Trump in the upcoming presidential election, stating he cannot comprehend any union backing the Republican candidate. What...
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Joe Biden Gets United Auto Workers Backing — Shawn Fain Says, 'Donald Trump Blamed The American Worker'
Wednesday, January 24, 2024 - 8:54pm | 711The United Auto Workers (UAW) union has endorsed President Joe Biden for the forthcoming November election, providing a significant boost to his campaign. What Happened: UAW President Shawn Fain announced the union’s endorsement at a conference in Washington, D.C. Fain praised Biden for his...
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UAW Endorsement For Joe Biden Not A Done Deal Yet; Union President Says Will Hold Formal Discussions To Decide
Tuesday, January 23, 2024 - 12:54am | 473United Auto Workers (UAW) President Shawn Fain reportedly said on Monday that the union is yet to decide on which presidential candidate to endorse, dashing hopes of an imminent endorsement of President Joe Biden. What Happened: Despite expressing criticism towards ex-President Donald Trump, Fain...
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Why Robot? Automation To Increase After UAW Deal Costs The Car Industry
Monday, January 15, 2024 - 3:48pm | 888Rising labor costs for U.S. automakers are sowing the seeds for deeper investment in automation after settlements last year to end a month of strikes at car plants across the country saw automakers agree to large wage increases for American auto workers. The Big Three Detroit motor manufacturers...
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General Motors Investors Welcome $10B Buyback, But Goldman Sachs Says Automaker Must Show EV Progress
Thursday, November 30, 2023 - 2:24pm | 420General Motors was riding high today following its announcement on Wednesday of further shareholder returns and the reinstatement of its full-year guidance. Shares in General Motors Co (NYSE:GM) were up 0.76% at $31.83 on Thursday, following a 9.4% surge in the previous trading session. The company...
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UAW President Takes Aim At Elon Musk's Wealth In Bid To Woo Tesla Workers: 'You Don't Have To Live Paycheck To Paycheck'
Wednesday, November 29, 2023 - 11:48pm | 728After securing landmark labor deals with Detroit’s “Big Three” automakers, the United Auto Workers (UAW) union has expanded its reach to unionize non-union autoworkers, including those at Tesla Inc (NASDAQ:TSLA) and Toyota Motor Corp (NYSE:TM). What Happened: In a pointed message...
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Joe Biden To Meet With UAW President Shawn Fain To Honor Stellantis' Illinois Plant Reopening
Wednesday, November 8, 2023 - 7:58am | 598President Joe Biden is scheduled to meet with the President of the United Auto Workers (UAW), Shawn Fain later this week. The meeting is to highlight and celebrate the decision of Stellantis NV (NYSE:STLA) to reopen an assembly plant in Illinois. What Happened: As reported by Reuters, Biden’s...
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Tesla's Unionization Threat, Rivian Hires Mercedes-Benz Veteran, Nikola's Battery Fire Returns To Haunt In Q3 And More: Biggest EV Stories Of The Week
Saturday, November 4, 2023 - 9:09am | 1184Electric vehicle stocks advanced solidly in the week that ended on Nov. 3, thanks to the broader market strength facilitated by the Federal Reserve’s rate decision and Chair Jerome Powell’s dovish commentary at the post-meeting press conference. Here are the key events that happened in...
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UAW Strikes Mapped: Where Are Union Workers At Ford, GM And Stellantis Walking Out?
Tuesday, October 24, 2023 - 3:50pm | 1183The United Auto Workers (UAW) union initiated a simultaneous strike against the Detroit Big Three automakers — Ford Motor Co (NYSE:F), General Motors (NYSE:GM), and Stellantis NV (NYSE:STLA) — on Sept. 15, seeking improved compensation and other...
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UAW President Says Tesla Is Not The Enemy In Auto Strikes: 'They're The UAW Members Of The Future'
Wednesday, October 18, 2023 - 3:11pm | 882An ongoing battle between the United Auto Workers union and the big three Detroit automotive companies continues to trigger work stoppages and potential trouble to revenue and profits for those affected. In the latest developments, the UAW president shared potential future plans and concerns...
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GM's Canadian Workers Secure New Agreement Even As UAW Strike Drags On
Monday, October 16, 2023 - 12:49am | 497Canadian workers' union Unifor ratified a new agreement with Detroit-based automaker General Motors Co (NYSE:GM) on Sunday even as the automaker continues to reel under the impact of the United Auto Workers (UAW) union’s strike in the U.S. What Happened: A majority of Unifor members voted in...
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'You Just Lost Kentucky Truck Plant': How Ford-UAW Labor Talks Broke Down In Just 10 Minutes
Thursday, October 12, 2023 - 7:52am | 412The meeting that concluded with United Auto Workers union members walking out of Ford Motor Co‘s (NYSE:F) Kentucky Truck Plant in Louisville reportedly lasted less than 10 minutes. What Happened: UAW met with officials at Ford’s headquarters at 5:30 p.m. on Wednesday evening, Automotive...
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4,000 UAW Members To Start Strike At Volvo's Mack Trucks After Rejecting Tentative Deal
Monday, October 9, 2023 - 3:43am | 451United Auto Workers (UAW) union will strike at Volvo Group-owned (OTCPK: VLVLY) heavy-duty truck maker Mack Trucks starting Monday for better wages, job security, and pension, among other demands. What Happened: The nearly 4,000 workers at Mack Trucks had received a tentative agreement from...