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Trump's 25% Auto Tariffs Spark Stellantis Layoffs, GM Expansion: UAW's Shawn Fain Calls Job Cuts 'Completely Unnecessary'
Friday, April 4, 2025 - 4:48am | 568President Donald Trump‘s 25% tariffs on auto imports have sent shockwaves through the integrated North American automotive supply chain, prompting divergent responses from major manufacturers as United Auto Workers leadership criticizes job cuts. What Happened: Stellantis NV (NYSE:STLA)...
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Senator Ditches Tesla Vehicle In Protest Against 'Damage Elon Musk, Donald Trump' Are Doing: Here's What He Bought Instead
Monday, March 17, 2025 - 4:41pm | 1105Senator Mark Kelly (D-Ariz.) responded to Elon Musk‘s disparaging remarks by ditching his Tesla Inc (NASDAQ:TSLA) car and choosing to drive something that's not from the electric vehicle sector. What Happened: Musk recently called Kelly a traitor for visiting Ukraine. Kelly, a well-known...
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Workers At Ford JV In Kentucky Petition NLRB For Vote To Form Union
Thursday, January 9, 2025 - 4:34am | 404A “supermajority” of workers at BlueOval SK battery plant in Kentucky has filed a petition with the National Labor Relations Board (NLRB) for a vote to form their union with the United Auto Workers (UAW), the union said on Wednesday. What Happened: The petition was filed on Tuesday, UAW...
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Ford's JV Battery Plant In Kentucky Faces Unionization As 'Supermajority' Of Workers Sign Union Authorization Cards, Says UAW
Thursday, November 21, 2024 - 2:24am | 563A “supermajority” of workers at BlueOval SK battery plant in Kentucky, which is a joint venture between Ford Motor Co. (NYSE:F) and SK On, have signed cards showcasing their support for the United Auto Workers (UAW), the union said on Wednesday, without specifying numbers. What Happened...
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Will Kamala Harris Land Teamsters Endorsement? Union Leaders Recall UPS Dispute In Tense, Closed-Door Meeting
Tuesday, September 17, 2024 - 12:09pm | 613Vice President Kamala Harris met with the Teamsters on Monday as union leaders deliberated whether to endorse the Democratic candidate for the 2024 election. What Happened: The closed-door meeting between Harris and union leaders was reportedly tense. Teamsters asked Harris about a rail strike in...
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UAW Files NLRB Complaint Against Stellantis Over Alleged Contract Violations, Says It Intends To Make The Carmaker 'Keep The Promise' (Updated)
Tuesday, September 17, 2024 - 6:20am | 500Editor’s Note: This story has been updated with a statement from Stellantis. The United Auto Workers (UAW) union said on Monday that it filed federal unfair labor practice charges at the National Labor Relations Board (NLRB) against Stellantis NV (NYSE:STLA) for alleged violation of the labor...
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GM-LG Ultium Cells JV Agrees To Union Recognition At Tennessee Battery Plant, Says UAW
Thursday, September 5, 2024 - 5:21am | 441The United Auto Workers union said on Wednesday that Ultium Cells, a joint venture between General Motors (NYSE:GM) and South Korean battery manufacturer LG Energy Solution, has agreed to recognize the union at a Tennessee plant. What Happened: A majority of workers at the plant signed cards to...
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Mark Cuban Wants Someone To Explain To Him How Trump 'Would Tax A Foreign Nation'
Thursday, August 29, 2024 - 11:17pm | 732Mark Cuban recently shared a post on X highlighting Donald Trump’s commitment to revitalizing the auto industry and bringing back jobs to Michigan through the taxation of foreign nations. What Happened: On Thursday, Cuban posted about Trump’s commitment to bring back the car industry to...
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Ford, GM, Stellantis Cooling To Once-Hot EV Sector As Demand Wanes
Thursday, August 22, 2024 - 6:20pm | 594Ford Motor Co. (NYSE:F) decided this week to abandon production of a fully electric sport-utility vehicle, but it is not the only car manufacturer lessening its ambitions for electric vehicles. On Wednesday, the auto giant said it was doing away with plans for a large electric SUV and it would take...
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Auto Stocks, Abortion, Health Care In Spotlight At DNC: Joe Biden, UAW President, Women Affected By Roe V. Wade Decision Headline Night 1
Monday, August 19, 2024 - 3:28pm | 1010The Democratic National Convention kicks off Monday in Chicago and includes a highly anticipated speech from President Joe Biden, who stepped aside from the 2024 presidential election. Here's a look at Monday's key speakers and what investors should know. Biden's Speech: Biden will headline...
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Musk, Trump Hit With UAW Labor Charges Following Union-Busting Remarks: Tesla CEO Suggests UAW President Could Land In Prison
Tuesday, August 13, 2024 - 3:17pm | 961A multi-hour conversation between Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and former President Donald Trump included comments about the electric vehicle company's allegations of firing employees who threaten to strike. The United Auto Workers (UAW) is fighting back after the conversation with federal...
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Trump A 'Scab' Says UAW President Shawn Fain, Praises Harris As 'Champion For The Working Class'
Wednesday, August 7, 2024 - 9:00pm | 486In a recent campaign event in Detroit, United Auto Workers (UAW) leader, Shawn Fain, publicly criticized former President Donald Trump and endorsed Vice President Kamala Harris. What Happened: Fain, who has been in a public dispute with Trump for months, described the former president as ignorant...
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Former Tesla Exec Says Biden Administration's Treatment Of EV Giant Was 'Pretty Fair' Despite Musk's Allegations That It Would Rather The Company 'Be Dead Than Not Unionized'
Tuesday, July 30, 2024 - 5:53am | 775The Biden administration treated EV giant Tesla Inc. (NASDAQ:TSLA) fairly on certain issues despite “surface-level disappointment” between the President and company CEO Elon Musk, according to former company executive Rohan Patel. What Happened: The Biden administration included Tesla...
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Congress Staff Sought Meetings With AI Firm G42 Amid China Tech Transfer Concerns, But These Were Personally Blocked Top UAE Diplomat: Report
Tuesday, July 30, 2024 - 12:26am | 519The United Arab Emirates has reportedly put a halt to meetings between Emirati AI firm G42 and U.S. Congressional staffers in the wake of concerns over the potential transfer of technology to China. What Happened: The UAE Ambassador to the U.S. “personally intervened” to stop meetings...
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UAW Criticizes Biden Administration For Not Pursuing Labor Abuse Complaint Against Caterpillar
Tuesday, July 16, 2024 - 1:10pm | 470The United Auto Workers (UAW)union is calling out the Biden administration for not pursuing accusations of labor abuses by a Mexican subsidiary of Caterpillar Inc. (NYSE:CAT), a U.S. manufacturer of earth-moving equipment. In late June, the administration told a group of unions that it would not...