Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, that choice is down to a single vehicle.
A federal judge said the proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle theft fails to provide “fair and adequate” relief to vehicle owners.
Union President Shawn Fain has set high expectations for the contract talks and says the union will seek more than 40% general pay raises over four years
The 605,000-square-foot redistribution center at 4337 AllPoints Drive will replenish the company’s 10 parts distribution centers across the United States and Canada.
The union is seeking more than 40% general pay raises over four years, restoration of pensions for newer hires, cost-of-living increases, an end to wage tiers, and other benefits.
The mystery project involves a company in the “advanced technology automotive components” industry and would be located somewhere in north-central Indiana, according to the IEDC.
The United Auto Workers union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week, the union’s president says.
The recall covers certain pickups from the 2021 through 2023 model years with single exhaust systems.
Seven major automakers say they will share in a multi-billion dollar investment to build “high power” charging stations with 30,000 plugs in urban areas and along travel corridors.
The company’s bankruptcy filing comes less than a month after it shut down its Andersen plant in a decision that blindsided employees.
Demand appears to have been key. “We can’t build enough Bolts right now,” chief executive Mary Barra said during the company’s quarterly earnings call.
The new plant is expected to open in early 2027, joining a joint-venture facility in Kokomo that’s already under construction and scheduled to start production in early 2025.
The sticker price on Ford’s F-150 Lightning electric pickup is being lowered by thousands of dollars, the company said Monday, due to increased plant capacity, falling costs for battery raw materials and internal efforts to scale production by the Detroit automaker.
A shortfall in lithium would be an obstacle for government and industry plans to ramp up sales to tens of millions of electric vehicles a year. It is fueling political conflict over resources and complaints about the environmental cost of extracting them.
The company confirmed Tuesday that it was starting to notify several hundred engineers and other salaried employees that their jobs are being eliminated. The firings come after around 200 Ford contract employees were let go last week.
The company reported having 60 employees in the United States in early 2022, though it’s not known if that number included about 25 employees at an engineering center in California.
U.S. Transportation Secretary Pete Buttigieg said he didn’t want the U.S. to be in a situation in which it was dependent on any one country for the resources that are needed for electric vehicles.
General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected a 656-acre site in New Carlisle to build the plant, which could become operational by 2026.
While no new jobs are being created, the company said the move will help retain the nearly 4,000 employees at the northeast Indiana facility.
Ford CEO Jim Farley said the company is reversing a decision to scrub AM after speaking with government policy leaders who are concerned about keeping emergency alerts.
