The numerous crises in the automotive industry have not spared Opel's parent company Stellantis. The share price has been falling since March 2024 and reached ... Show more
Volkswagen competitor collapses on the stock market: Should investors now flee from the stock market chaos? - | BÖRSE ONLINE
Volkswagen competitor collapses on the stock market: Should investors now flee from the stock market chaos? - | BÖRSE ONLINE
Quick Glance: Stellantis Shares Plummet After Tavares Resignation
- Carlos Tavares has unexpectedly resigned as CEO of Stellantis.
- His departure caused shares to drop by up to 8.9%, as the company faces overcapacity and a saturated market.
- The new CEO will need to tackle challenges such as trade disputes and stricter CO2 regulations.
- Analysts warn that the company's issues are deep-rooted, necessitating a thorough review of its 14 brands.
'Punch in the gut': Toledo's Mobis workers brace for layoffs, possible pay cut: Local UAW officials are up in arms over the supplier's move to save about $1 ...
detroitnews.com/story/business/autos/chrysler/2024/12/06/toledos-mobis-workers-brace-for-layoffs-possible-pay-and-benefit-cuts/76826744007/
Why Did Trump Win? Because Democrats Aren't Up In Arms Over Mass Layoffs | Common Dreams
commondreams.org/opinion/trump-win-mass-layoffs
Donald Trump’s Republican Party is increasingly winning union voters. It’s a shift seen in his labor pick
chicagotribune.com/2024/11/23/trumps-republican-party-is-increasingly-winning-union-voters-its-a-shift-seen-in-his-labor-pick/
UAW pushes for 2025 strike votes amid Stellantis plant chaos, CEO's resignation: It remains unclear how the resignation of CEO Tavares might affect relations ...
detroitnews.com/story/business/autos/chrysler/2024/12/02/uaw-pushes-for-strike-votes-amid-stellantis-plant-chaos-ceo-resignation/76664368007/
UAW says majority of workers at Ford joint-venture battery plant sign union cards UAW says majority of workers at Ford joint-venture battery plant sign union cards | Reuters
The full list of car companies cutting jobs: GM, Ford, Stellantis: Big changes to the global EV market are taking a toll on car companies like Ford and GM.
businessinsider.com/layoffs-full-list-of-car-companies-cutting-jobs-2024-11
Volkswagen appoints former Rivian executive as head of American business: Volkswagen appointed former Rivian executive Kjell Gruner as head of its American ...
reuters.com/business/autos-transportation/volkswagen-appoints-former-rivian-executive-head-american-business-2024-11-19/
Huge update in Woolies strike drama: Supermarket giant Woolworths has reached a deal with striking union workers at its distribution centres in Victoria.
news.com.au/finance/business/retail/woolworths-reaches-enterprise-agreement-with-striking-union-workers/news-story/8460abe25bd164b7198f2bd8439504dd
Social issues drove some Teamsters to ‘take that risk’ and vote for anti-union candidate Trump
inquirer.com/politics/election/trump-voters-teamsters-union-philadelphia-20241121.html
UAW's Fain warns Michigan lawmakers not to change minimum wage, paid sick leave laws
detroitnews.com/story/news/politics/2024/12/05/uaw-president-shawn-fain-michigan-legislature-minimum-wage-increase-paid-sick-time-benefit-lame-duck/76793619007/
The Evolution Of Workplace Giving (And Matching): Plus: Meet The Under 30s Climbing The Corporate Ladder, A Look Into The AI Startup Replacing Coders ...
forbes.com/sites/mariagraciasantillanalinares/2024/12/04/the-evolution-of-workplace-giving-and-matching/
Ford posts strong November sales, hits monthly EV sales record: EVs represented 6.5% of the Dearborn automaker's sales for the month.
detroitnews.com/story/business/autos/ford/2024/12/04/ford-november-sales-electric-vehicle-record/76729732007/
Volkswagen CEO says it’s not a ‘fantasy world’ as 100,000 workers strike: Volkswagen CEO Olivier Blume faced a huge booing crowd in Germany today ...
electrek.co/2024/12/04/volkswagen-ceo-says-its-not-a-fantasy-world-as-100000-workers-strike/
US Department of Energy commits $7.54 billion loan for EV production in Kokomo: Though not yet finalized, the $7.54 billion loan from the department's Loan ...
indystar.com/story/money/2024/12/03/u-s-energy-department-commits-7-54b-loan-for-ev-production-in-kokomo/76702918007/
Jeep parent CEO quits, but its nightmare is far from over: The multinational automaker's next CEO has some big shoes to fill.
thestreet.com/automotive/jeep-parent-ceo-quits-but-its-nightmare-is-far-from-over
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian: Department of Energy announced that it was extending a $6.6 billion loan to Rivian ...
nypost.com/2024/11/27/business/biden-administration-loans-6-6b-to-struggling-tesla-rival-rivian/
Quick Glance: Rivian Secures $6.6 Billion Loan Approval for Georgia Plant
- Rivian has received conditional approval for a loan of up to $6.6 billion to build a facility in Georgia.
- Production of the R2, crucial for Rivian's success, is set to begin in Illinois in 2026 after construction in Georgia was paused.
- The Georgia plant is expected to employ around 7,500 staff by 2030 and will facilitate the production of 400,000 electric vehicles.
- This announcement follows a $5.8 billion investment from Volkswagen, as Rivian faces challenges from production shortages and rising competition.
The Jeep Cherokee Returns Next Year With Hybrid Power: Jeep will debut a new hybrid SUV next year to replace the Cherokee in the company's lineup ...
motor1.com/news/741976/jeep-cherokee-successor-arrives-next-year/
Stellantis CEO has a bold outlook after a turbulent Trump re-election: The future political outlook is the least of CEO Carlos Tavares's worries.
thestreet.com/automotive/stellantis-ceo-has-a-bold-outlook-after-a-turbulent-trump-re-election
Coolidge Corner Theatre union says contract negotiations are ‘stalled’: The union, which organized in May, said the Brookline cinema responded to its initial ...
bostonglobe.com/2024/11/21/business/coolidge-corner-theatre-union-contract-negotiations-stalled/
GM lays off 1,000 workers, even as it nears record profits: GM says it’s “optimizing” its operations through layoffs and facility closures.
autoblog.com/news/gm-lays-off-1000-workers-even-as-it-nears-record-profits
Union campaign announced at $6 billion Ford, SK On battery park in KY. What that means
courier-journal.com/story/money/companies/2024/11/20/blueoval-sk-battery-park-in-glendale-to-start-union-efforts/76451544007/
'Morale is horrible': Stellantis factory layoffs this fall near 4,000: A tally of more than 3,750 job cuts doesn't include supplemental workers ...
detroitnews.com/story/business/autos/chrysler/2024/11/17/morale-is-horrible-stellantis-factory-layoffs-this-fall-near-4000/76289042007/
'We Are Unafraid': In Face of Trump Win, Champions of Working Class Vow Epic Fight
commondreams.org/news/democrats-or-republicans-better-for-economy
Stellantis to lay off 1,100 workers at Jeep factory in Toledo, Ohio: About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early ...
apnews.com/article/stellantis-layoffs-toledo-jeep-factory-db5bcc81f2ed401d7df6a71b358dba3b
Quick Glance: Stellantis Plans Major Job Cuts at Toledo Facility
- Stellantis NV plans to cut approximately 1,100 jobs at its Toledo plant producing Jeep Gladiator pickups by early next year.
- The reduction from two shifts to one is attributed to declining sales and high inventory levels of the Gladiator.
- UAW leadership notified affected members and indicated that rotating shifts would be implemented until the layoffs take effect.
- Affected employees will receive unemployment benefits and assistance for up to two years.
Stellantis to lay off 400 workers at Detroit parts facility
reuters.com/business/autos-transportation/stellantis-lay-off-400-workers-detroit-parts-facility-2024-11-08/
Quick Glance: Stellantis to Cut 400 Jobs at Detroit Warehouse
- Stellantis NV plans to lay off approximately 400 workers at an east Detroit warehouse early next year.
- The layoffs will affect all United Auto Workers-represented employees at the Freud Street facility, as operations shift to a third-party provider.
- The automaker has also announced a shift cut and additional layoffs at other U.S. plants, reflecting ongoing sales challenges.
- Affected workers will receive supplemental benefits alongside state unemployment, with healthcare coverage provided for two years.
Sanders Slams 'Big Money Interests' and Consultants That Control Democratic Party After Loss to Trump
commondreams.org/news/bernie-sanders-2024
Quick Glance: Sanders Critiques Democrats' Neglect of Working Class
- Senator Bernie Sanders accused the Democratic Party of largely ignoring the working class's needs.
- He attributes this neglect as a primary reason for losing control of the White House and Senate.
- Sanders calls for serious discussions on economic justice and the growing influence of oligarchs.
- He also criticized the failed attempts to raise the minimum wage and implement significant reforms.
With Trump’s win, Elon Musk stands to benefit: The billionaire businessman has spent weeks campaigning relentlessly for Donald Trump. That dedication could lead ...
npr.org/2024/11/07/nx-s1-5182280/trump-2024-elon-musk-tesla-x
Quick Glance: Musk and Trump's Alliance: A New Era Begins
- Elon Musk supported Donald Trump during the election campaign with over $100 million and has developed a close relationship with him.
- A Trump presidency could allow Musk to benefit from government subsidies for his companies like Tesla and SpaceX, while potentially gaining influence as the 'Secretary of Cost Cutting.'
- Under Trump, Musk might enjoy reduced regulatory scrutiny as Trump favors less oversight.
- Musk utilizes the platform X to amplify conservative political views and could become an even more powerful figure under a Trump administration.
Trump has sweeping plans for a second administration. Here’s what he’s proposed.: Donald Trump has outlined a wide-ranging agenda that blends traditional ...
startribune.com/donald-trump-has-sweeping-plans-for-a-second-administration-heres-what-hes-proposed/601176636
With Trump headed back to the White House, here's how the UAW moves forward: UAW President Shawn Fain says the union is willing to work with "any politician ...
detroitnews.com/story/business/autos/2024/11/08/uaw-shawn-fain-donald-trump-election-organizing-stellantis/76130365007/
Unions bet big on Harris. Now they’re bracing for consequences.: For unions representing government employees, the threat is to the unions themselves ...
nytimes.com/2024/11/10/us/politics/trump-unions.html/
Auto Workers for Trump leader addresses Michigan rally after Ford Motors announces layoffs ahead of holidays
foxbusiness.com/politics/auto-workers-trump-leader-addresses-michigan-rally-ford-motors-announces-layoffs-holidays
Here's where Donald Trump stands on key policies ahead of his second administration
pbs.org/newshour/politics/heres-where-donald-trump-stands-on-key-policies-ahead-of-his-second-administration
US Democrats seen losing more ground with blue-collar workers: The findings are undeniable and are already troubling Democrats as they analyze their defeat: the ...
english.alarabiya.net/News/united-states/2024/11/09/us-democrats-seen-losing-more-ground-with-blue-collar-workers
Progressive Forces Vow 'Unprecedented Resistance' to Trump 2.0: "We're more prepared than ever to block the disastrous Trump policies we know are coming ...
commondreams.org/news/the-resistance-to-a-new-trump
Tim Walz told Michigan United Auto Workers Friday that the only thing Donald Trump knows how to manufacture is "b*******."
In Motor City, jobs and justice dominate as Detroit voters head to the polls: Detroit, home of the US auto industry, has seen good times and bad ...
france24.com/en/americas/20241105-motor-city-jobs-and-justice-dominate-detroit-voters-head-to-polls
The Boeing union voted in favor of a new contract offer that will give them a 38% pay rise spread over four years, bringing an end to a seven-week strike Boeing strike ends as workers accept new contract | Reuters
Quick Glance: Boeing Workers Approve Contract, End Strike
- Boeing factory workers voted to accept a contract offer, ending a strike that lasted over seven weeks and allowing the company to resume production.
- The contract was approved by 59% of voting members, featuring a 38% wage increase over four years and additional bonuses.
- Despite the contract approval, key demands such as restoring a frozen pension plan were not met, leading to mixed feelings among workers.
- President Biden praised the agreement, highlighting its importance for Boeing's future and workplace fairness.
Worker Group Rebukes Trump as 'Billionaire Sleazeball' Over Dump Truck Stunt: The Republican nominee "acting like he is a worker is beyond gross ...
commondreams.org/news/trump-working-class
How big was Trump’s win? How it compares with the past 10 presidential victories: Despite polls predicting a tight race, Trump had already swept key swing states ...
usatoday.com/story/news/politics/elections/2024/11/06/did-trump-win-the-popular-vote/76087754007/
Quick Glance: Electoral College: An Enduring Controversy
- More than 60% of Americans support abolishing the Electoral College, yet over 700 proposals for its change have failed.
- Supporters claim the system balances power between large and small states, while critics deem it undemocratic and rooted in racism.
- The Electoral College can allow candidates to win without the popular vote, a scenario witnessed multiple times in history.
- A movement for reform at the state level is gaining traction, with 17 states and D.C. joining the National Popular Vote Interstate Compact.
Machinists return to work at an unsettled Boeing after 8-week strike: As Boeing's Machinists return after eight weeks on strike, experts predict the work ...
seattletimes.com/business/boeing-aerospace/machinists-return-to-work-at-an-unsettled-boeing-after-8-week-strike/
Unions Say Building Worker Power Is Only Way to Defeat Trump's Fascist Right: "No one—not Donald Trump or JD Vance, nor any one CEO—can stop solidarity ...
commondreams.org/news/labor-movement-trump
Tlaib declines to endorse Harris at UAW rally in Detroit: Rashida Tlaib spoke during a UAW get-out-the-vote rally Friday in Detroit.
detroitnews.com/story/news/politics/2024/11/01/rashida-tlaib-declines-to-endorse-kamala-harris-at-uaw-rally-in-detroit/75969687007/
Ignore the Cosplay. Trump's Record Shows He 'Does Not Give a Damn About Working-Class People'
commondreams.org/news/trump-working-class-record
Kamala Harris struggles to secure men's support in labor unions: With the U.S. election days away, Vice President Kamala Harris is struggling to secure the ...
reuters.com/world/us/kamala-harris-struggles-secure-mens-support-labor-unions-2024-10-31/
What the UAW, the SEIU, and other major labor unions make of Trump’s win: All of these unions endorsed Harris. In the wake of Trump’s victory last night ...
fastcompany.com/91223848/what-the-uaw-the-seiu-and-other-major-labor-unions-make-of-trumps-win
Nissan and Jeep maker announce job cuts; SBA says it boosted lending by 7%: Nissan cuts 9,000 jobs as car sales lag
postandcourier.com/nissan-and-jeep-maker-announce-job-cuts-sba-says-it-boosted-lending-by-7/article_4280bb54-9d35-11ef-978f-9b0e04af346a.html
Independent Dan Osborn Loses in Nebraska, GOP Retains Senate Seat: Independent candidate Dan Osborn lost his bid for Senate in Nebraska to Republican incumbent ...
rollingstone.com/politics/politics-news/dan-osborn-deb-fischer-nebraska-senate-race-1235154577/
Elon Musk's role as a Trump supporter in the 2024 US election: A male friendship influences the 2024 US election. Elon Musk is not only supporting Donald ...
zdf.de/nachrichten/politik/ausland/elon-musk-donald-trump-us-wahl-2024-100.html
Inside Kamala Harris’ union-fueled field operation - POLITICO: Some Democrats fear fissures in the labor movement could damage the vice president’s candidacy ...
politico.com/news/2024/10/31/kamala-harris-campaign-union-volunteers-00186286
START YOUR ENGINES: Battleground autoworker shares his prediction about the blue voting bloc swinging toward Trump. How the Republican nominee is gaining ... Show more
Union autoworker predicts blue voting bloc will vote for Trump in 'big numbers': 'He's speaking our language' | Fox Business
Union autoworker predicts blue voting bloc will vote for Trump in 'big numbers': 'He's speaking our language' | Fox Business
UAW leader Shawn Fain makes final appeal to divided membership : Fain asks members to vote for Harris in billionaire v working class framing in which Republicans ...
theguardian.com/us-news/2024/oct/29/uaw-leader-shwan-fain-vote-appeal
Boeing workers' demand for reinstated pension a long shot, experts say
reuters.com/business/aerospace-defense/boeing-workers-demand-reinstated-pension-long-shot-experts-say-2024-10-28/
Is this the deal to end Boeing’s crippling 7-week strike?: More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week ...
cnn.com/2024/11/01/business/boeing-strike-deal-new-vote/
Union workers could decide this election — and their unions know it: With much at stake on Election Day, labor unions have deployed canvassers to knock on doors ...
npr.org/2024/10/29/nx-s1-5170308/labor-unions-election-harris-pennsylvania
UAW pulls back on Stellantis strike push, at least for now: The automaker and the union have battled for several months over the automaker's investment plans ...
detroitnews.com/story/business/autos/chrysler/2024/10/30/uaw-pulls-back-on-stellantis-strike-push-at-least-for-now/75948065007/
Citing Glut of Stock Buybacks, US Lawmakers Demand Stellantis Uphold Contract With UAW
commondreams.org/news/stellantis-stock-buyback
Huge Phoenix car show is back for 2024. See it on Thanksgiving weekend: The Arizona International Auto Show returns to the Phoenix Convention Center after being ...
azcentral.com/story/entertainment/events/2024/11/15/arizona-international-auto-show-2024-phoenix/76111498007/
St. Louis University grad student workers overwhelmingly vote to join UAW: Graduate workers at SLU have not received a raise in over 10 years, they say.
stltoday.com/news/local/education/st-louis-university-grad-student-workers-overwhelmingly-vote-to-join-uaw/article_101b12ce-a378-11ef-812f-cb7155d64978.html
John Deere Ottumwa Works will temporarily close in December due to sluggish demand
desmoinesregister.com/story/money/business/2024/11/15/john-deer-ottumwa-plant-suspending-production-december-2024-slow-demand/76334871007/
Despite stark differences on worker rights, unions split on Trump, Harris: Trump has garnered support among union members by tapping into issues that are top of ...
aljazeera.com/economy/2024/11/1/despite-stark-differences-on-worker-rights-unions-split-on-trump-harris
Quick Glance: Election Campaign: Unions Divided on Trump and Harris
- Early voting is underway in the U.S. ahead of Tuesday's presidential election.
- Vice President Kamala Harris has significant union support, while Donald Trump has garnered some unionized votes.
- Harris endorses the PRO Act to strengthen union rights, whereas Trump has an antagonistic stance towards workers' rights.
- Both candidates propose differing approaches to minimum wage and overtime pay, with Harris advocating for increases and Trump generally opposing them.
Small Midwestern Cities Could Be Key to 2024 Elections: For all the talk about big-city Democrats and rural Republicans, it’s the voters in overlooked places ...
propublica.org/article/election-ohio-wisconsin-michigan-pennsylvania-sherrod-brown-marcy-kaptur
Spooked by inflation, Halloween shoppers are spending less this year: In Michigan, even people still going all out to decorate and dress up say they've noticed ...
detroitnews.com/story/business/2024/10/28/spooked-by-inflation-halloween-shoppers-are-spending-less-this-year/75182207007/
‘Zombie-like’: the US trade agreement that still haunts Democrats: The working class saw Clinton’s support of Nafta, which cut most tariffs between US ...
theguardian.com/us-news/2024/oct/28/nafta-us-jobs-harris-democrats-trump
Is the Labor Movement Screwed No Matter Who Wins the Election?: E. Tammy Kim on the National Labor Relations Board, which, along with other administrative ...
newyorker.com/news/the-lede/is-the-labor-movement-screwed-no-matter-who-wins-the-election
Harris plays Trump’s remarks on auto workers … to auto workers - Live Updates - POLITICO
politico.com/live-updates/2024/10/15/2024-elections-live-coverage-updates-analysis/harris-in-michigan-00184456
At the heart of the Boeing strike, an emotional fight over a lost pension plan: Pensions are a major sticking point between Boeing and its striking machinists ...
npr.org/2024/10/28/nx-s1-5163629/boeing-pension-strike-machinists-union
Teamsters engage fellow members to boost Harris in battleground Wisconsin: The Teamsters union in Wisconsin is among the groups urging members to support ...
nbcnews.com/politics/2024-election/teamsters-plea-battleground-state-wisconsin-fellow-members-back-harris-rcna177116
Warren Truck faces fewer layoffs than expected, but more cuts may be coming: The plant laid off 1,100 last week, less than feared when Ram 1500 Classic ...
detroitnews.com/story/business/autos/chrysler/2024/10/17/warren-truck-faces-fewer-layoffs-than-expected-but-more-cuts-could-hit/75720818007/
UAW says agreement with GM will avoid strike at truck plant: The union local at the Indiana plant had said the automaker violated its contract by reassigning ...
detroitnews.com/story/business/autos/general-motors/2024/11/11/uaw-says-agreement-with-gm-will-avoid-strike-at-truck-plant/76207504007/
US labor board wrongly ordered Tesla's Musk to delete anti-union tweet, court rules
reuters.com/legal/us-labor-board-wrongly-ordered-teslas-musk-delete-anti-union-tweet-court-rules-2024-10-26/
When Joe Biden took office, the Democratic Party had been bleeding support among working-class voters for decades. In an attempt to regain it ... Show more
2024 election polls: Democrats are losing ground with union voters | Vox
2024 election polls: Democrats are losing ground with union voters | Vox
Trump is anti-worker. Here are 10 of his most shocking anti-worker statements: The former president actually said that the wages of US workers are ‘too high’ ...
theguardian.com/commentisfree/2024/oct/23/trump-anti-worker-union-statements
The UAW union is taking a step back from Stellantis dispute: The automaker is currently battling the union representing many of its employees in federal court.
thestreet.com/automotive/the-uaw-union-is-taking-a-step-back-from-stellantis-dispute
None of the conventional explanations for Trump’s victory stand up to scrutiny: This election has blown a hole in the worldviews of both leftists and centrists ...
theguardian.com/commentisfree/2024/nov/09/trump-victory-explanation-scrutiny
Trump promised blue-collar workers a golden era for industry, but what that could mean is still up for debate
theglobeandmail.com/world/us-politics/article-trump-trade-war-manufacturing-blue-collar-workers/
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WATCH: Trump bashes Detroit again while appealing for votes in Novi, Michigan: “I think Detroit and some of our areas makes us a developing nation ...
pbs.org/newshour/politics/watch-trump-bashes-detroit-again-while-appealing-for-votes-in-novi-michigan
Quick Glance: Trump Critiques Detroit While Campaigning in Michigan Suburb
- Donald Trump criticized Detroit while campaigning in Novi, Michigan, asserting the city needs assistance.
- He warned that a Kamala Harris presidency could lead the entire country to resemble Detroit.
- Trump aimed to gain support from Arab American voters despite his past controversial policies towards Muslim communities.
- He attacked Harris and the media while promoting his campaign's immigration and energy policies.
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