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Biden Heads To Michigan To Strengthen Auto Union Ties, Teamsters To Meet With Trump For Roundtable Discussion
Wednesday, January 31, 2024 - 12:49am | 449President Joe Biden is reportedly planning a trip to Michigan to secure support from union members. What Happened: The president will be visiting the Great Lakes state on Thursday and meeting with United Auto Workers, the Associated Press reported, citing an unnamed Biden campaign official. Though...
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General Motors Q4 Earnings Preview: Analyst Estimates, UAW Strike Impact, Electric Vehicles In Focus
Monday, January 29, 2024 - 5:11pm | 699Automotive company General Motors Company (NYSE:GM) will report fourth-quarter financial results before the market opens on Jan. 30. Here's a look at the earnings estimates from analysts, what analysts are saying, and key items for investors to watch. Earnings Estimates: GM’s fourth-quarter...
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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 Invites Joe Biden To Annual Conference: Endorsement For President On Cards?
Saturday, January 20, 2024 - 4:28am | 573The United Auto Workers union or UAW, is reportedly expected to endorse President Joe Biden at its upcoming annual conference in Washington, D.C., insiders predict. What Happened: A vote favoring Biden is likely to pass, offering the president a significant endorsement from the UAW that could...
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Trump's 'Constructive Conversation' With Teamsters Adds Twist As Labor Union Mulls 2024 Endorsement — Is Support For Biden's Re-election Bid At Risk?
Saturday, January 6, 2024 - 12:37pm | 815On Wednesday, former President Donald Trump met with Sean M. O'Brien, the general president of the International Brotherhood of Teamsters labor union, at Mar-a-Lago in Palm Beach, Fla. The meeting, part of a series with presidential candidates, gained...
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Elon Musk Pins Biden Administration's Neglect Of Tesla To UAW's Grip On Democrats, President
Tuesday, December 26, 2023 - 1:40am | 531Elon Musk, on Monday, said that the perceived “cold shoulder” towards Tesla Inc (NASDAQ:TSLA) by the Joe Biden administration stemmed from the influence of unions over the Democratic Party and the President. What Happened: Musk referred to Biden’s speech from May 2021 at the Ford...
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UAW Gains Traction In Volkswagen Tennessee Plant As A Thousand Employees Sign Union Authorization Cards
Friday, December 8, 2023 - 7:21am | 699In a recent development, over 1,000 workers at the Volkswagen (OTC:VWAGY) factory in Chattanooga, Tennessee, have signed union authorization cards, as announced by the United Auto Workers (UAW) union. What Happened: On Thursday, Dec. 7, 2023, as per a Reuters report, the UAW announced that more...
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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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From Tesla To Toyota: UAW Launches Ambitious Campaign To Unionize Top Auto Players
Wednesday, November 29, 2023 - 6:37pm | 703The United Auto Workers union has initiated a campaign to unionize workers at 13 non-union automakers across the United States. This initiative, announced on Wednesday, aims to bring nearly 150,000 autoworkers from major companies including BMW (OTC: BMWYY), Honda (NYSE: HMC), Hyundai (OTC: HYMTF...
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Tesla Strike Leader In Sweden Warns Of Traditional Business Model Shake-Up, But Assures Union Has Funds To Protest For 'Long, Long Time'
Wednesday, November 29, 2023 - 4:47am | 672The woman spearheading the resistance against Tesla Inc‘s (NASDAQ:TSLA) business practices in Sweden, amidst an intensifying strike involving mechanics, postal workers, dockers, and cleaners, warns that the electric vehicle giant’s approach could disrupt the traditional labor...
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Tesla's Nordic Nightmare: A Swedish Union Showdown Threatens Musk's Anti-Union Fortress In America
Monday, November 27, 2023 - 3:50pm | 1407The ongoing conflict between Tesla Inc (NASDAQ:TSLA) and car mechanics in Sweden has escalated even further this week with the introduction of a lawsuit against the Swedish state by Tesla. The strife broke out last month, when IF Metall, a workers union which represents Tesla mechanics in the...
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UAW Strike Impact? General Motors Not Spending On Super Bowl Commercials
Tuesday, November 21, 2023 - 4:35pm | 822A strike by UAW union workers against three leading automotive companies could have a lasting impact on the future revenue and profitability of the companies involved. One of the three companies targeted with strikes has announced a move that could be an early cost-cutting measure. What Happened:...
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Biden Whips Up Support For His Reelection By Telling UAW Members Trump Visited Non-Union Plant: 'I Hope You Guys Have A Memory'
Friday, November 10, 2023 - 6:01am | 652President Joe Biden who addressed the United Autoworkers union at Belvidere, Illinois on Thursday used the platform to take aim at his predecessor Donald Trump. What Happened: The two will likely face-off in the 2024 general election if the Trump manages to go past the legal hurdles and clinch the...