Fiat Chrysler and Peugeot sign deal for 50-50 merger
The deal creates the world’s fourth-largest automaker, a goliath with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies.
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Ford to add 3,000 jobs in the Detroit area, invest $1.45B
Ford needs to make the investment in new products in an effort to increase market share and prepare for a shift to new propulsion and autonomous vehicle technologies.
Another massive Takata recall looms for large batch of air bags
Bankrupt supplier Takata faces a Dec. 31 deadline to show the U.S. National Highway Traffic Safety Administration that as many as 100 million inflators containing a chemical drying agent will be safe long-term.
Fiat Chrysler, auto union reach tentative deal on contract
The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract that includes a total of $9 billion in investments but still needs final approval from workers.
Self-driving vehicle maker moving headquarters to Fishers, hiring 160
As part of the move, the company and the city are considering an agreement that will set up a short-distance transportation system using self-driving vehicles in Fishers.
UAW president steps down as GM sues rival over union bribery
General Motors is alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union.
Auto union opens talks with Fiat Chrysler as possible strike looms
With General Motors and Ford out of the way, the United Auto Workers union wants a similar deal from Fiat Chrysler, which has a workforce of 8,156 in Indiana at four plants in Kokomo and one plant in Tipton.
United Auto Workers approve new 4-year contract with Ford
The four-year agreement gives workers a mix of pay raises and lump-sum payments as well as a $9,000 ratification bonus.
California, 23 other states sue Trump for right to require more fuel-efficient cars
The lawsuit, filed in the U.S. Court of Appeals for the District of Columbia Circuit, marks the latest round in an escalating fight between the White House and California officials over how quickly the nation’s auto fleet must increase its fuel-efficiency.
Ford electric vehicle chief sees more products, sales growth
Next week, Ford will show off an electric SUV that is inspired by the Mustang performance car. It’s the company’s first consumer-friendly fully electric vehicle, and it’s expected to have a range of over 300 miles per charge.
Fiat Chrysler eyes Peugeot merger, seeking strength in size
A merger would create the fourth-largest automaker, with a combined market value of around $50 billion, and the potential for big savings in Europe.
GM strike finally ends as UAW members approve new contract
The deal, which includes modest improvements in pay for new employees and promises that the company will bring full-time temporary workers on permanently, passed this week after being voted on by GM’s 47,000 workers.
Workers at largest GM plant OK labor deal, putting strike near its end
Some production workers could return to work as early as Friday night or Saturday morning, ending a walkout that was big enough to help push down September U.S. durable goods orders by 1.1%, the largest drop in four months.
Schumer proposes $462 billion automobile swap—gas for electric
Senate Minority Leader Chuck Schumer rebate proposal late Thursday joins a mix of trillion- and multi-trillion-dollar programs that Democratic presidential candidates have outlined to urgently cut oil, gas and coal emissions.
GM suppliers face lingering revenue fallout from strike
Cars will soon start rolling off General Motors’ factory floors after a month-long shutdown, but the pain from millions of dollars in lost business will linger for some of the automaker’s key suppliers.
GM CEO Barra joins talks, signaling deal to end strike might be near
The appearance of two key executives is a strong sign that bargainers are closing in on a contract agreement that would end the strike, which began on Sept. 16.
Union boosts strike pay for GM workers as talks continue
The strike has passed the point where GM can make up lost production, according to auto industry analysts.
UAW rejects GM offer over pay, temporary workers, source says
General Motors offered striking union members wage increases or lump-sum payments in all four years of a proposed contract, as the walkout continued in its third week. But union bargainers rejected the offer, according to a person briefed on the negotiations.
Progress reported in contract talks between GM, union
One of the main sticking points is health care. GM is looking to cut its costs, but workers say they shouldn’t have to pay more when the company is making billions in profit.
UAW official: GM’s offer came too late to avoid strike
A strike by over 49,000 United Auto workers against General Motors could have been averted had the company made its latest offer sooner, the union’s top negotiator said in a letter to the company.