automaker

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How Insurance Companies Can See Every Drive You Take

Data from driver-monitoring features is often shared without drivers' knowledge: 'NYT'

(Newser) - Your vehicle may be sharing data on your driving habits with third parties, affecting your insurance rate, according to a New York Times investigation. For some time, insurance companies have offered incentives for drivers who authorize devices that monitor their driving. But as the Times reports, data is also taken...

Tesla's Latest Lawsuit Targets Swedish Postal Workers

Automaker says that striking postal workers in Scandinavian nation are delaying license plates

(Newser) - Tesla on Monday filed a lawsuit against the Swedish state via Sweden's Transport Agency as striking postal workers in the Scandinavian country halted the delivery of license plates of new vehicles manufactured by the Texas-based automaker. Tesla is nonunionized globally, but the Swedish workers are demanding that the carmaker...

One of Detroit's Big 3 Is Making Its Next Big Move

Stellantis plans on offering buyout packages to about half of its salaried workers

(Newser) - The autoworkers strike is over , but one of Detroit's Big Three is now making another move it hopes will help its bottom line. The Wall Street Journal reports that on Monday, Mark Stewart, CEO of Chrysler parent company Stellantis, announced in a meeting that the company is offering buyouts...

Strike a 'Victory for Autoworkers,' Not Necessarily for Consumers

Car prices could jump more than $1K to pay for new labor costs, one auto expert says

(Newser) - General Motors, the final holdout in the United Auto Workers strike, finally caved this week, reaching a tentative agreement with workers that would bring to an end six weeks of strikes that targeted GM, Ford, and Stellantis—the so-called Big Three of Detroit. Details for all of the automakers' agreements...

United Auto Workers Strike Just Got Bigger

7K more workers will target Ford plant in Chicago, GM factory near Lansing, Michigan

(Newser) - The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a General Motors assembly factory near Lansing, Michigan, reports the AP . Union President Shawn Fain told workers on a video appearance Friday that negotiations...

Biden Makes Big Announcement on UAW Strike

President is heading to Michigan on Tuesday to stand with union workers on the picket line

(Newser) - The United Auto Workers strike expanded on Friday , with union workers walking out of dozens of additional parts-distribution centers across the nation amid sluggish negotiations with Ford, General Motors, and Stellantis, Detroit's "Big Three" automakers. Now, a big-name boost is heading to the picket line next week: President...

The Car-Building Process May Soon Be Upended

Tesla is mulling a 3D-printing move that could decrease production costs big time

(Newser) - Tesla is working behind the curtain on a new manufacturing process that the Verge notes could prove to be a "huge industrial breakthrough." Multiple sources tell Reuters that the EV company is playing around with a new process that would allow it to die-cast pretty much the entire...

UAW Contract Deadline Nears: 'Nobody's Coming to Save Us'

United Auto Workers leader Shawn Fain says likely strike will be 'limited and targeted'

(Newser) - The head of the United Auto Workers union said Wednesday that a strike against Detroit's Big Three automakers is imminent, with negotiations ahead of Thursday's 11:59pm contract deadline not making the headway needed to fend off a work stoppage at Ford, General Motors, and Stellantis, per the...

Another Massive Strike May Start This Week
How a Potential Autoworker
Strike May Affect Car Prices
the rundown
Sep 11, 2023 10:35 AM CDT

How a Potential Autoworker Strike May Affect Car Prices

If it goes into November, forget about year-end sales for big US automakers

(Newser) - The nation is on the brink of another massive strike, with about 150,000 US autoworkers threatening to walk off the job when their current contract expires at 11:59pm Thursday. By all accounts, the United Auto Workers union is far from a deal with Ford, General Motors, and Stellantis...

On Labor Day, a Major Strike Looms
On Labor Day,
a Major Strike Looms
Sep 4, 2023 10:45 AM CDT

On Labor Day, a Major Strike Looms

'More combative' United Auto Workers union makes demands ahead of contract expiration on Sept. 14

(Newser) - A 46% pay raise. A 32-hour workweek with 40 hours of pay. A restoration of traditional pensions. The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis, and Ford—demands that even the UAW's own president calls "audacious"— are edging it...

This EV Carmaker Just Had a Huge Day

Vietnam's VinFast hits $85B market cap on first day of Nasdaq trading, now worth more than Mercedes

(Newser) - A Vietnamese carmaker debuted on the Nasdaq on Tuesday and was suddenly worth more than legacy brands including Ford, General Motors, Mercedes-Benz, and Volkswagen. VinFast, one of the biggest automakers in Vietnam, began offering gas-powered vehicles in 2018, per Quartz . It launched electric vehicles in 2021, but only began selling...

7 Tesla Rivals Team Up on EV Fast Chargers

30K new charging points coming to US and Canada, though the wait could be long

(Newser) - Electric vehicle owners can shed some of their "range anxiety" as seven major automakers are teaming up to bring many more DC fast chargers to North America—at a cost of more than $1 billion. There are 32,000 publicly available DC fast chargers, also known as Level 3...

GM Says 5K Workers Are Leaving Voluntarily

They were given 2 weeks to decide on 'voluntary separation program' offer

(Newser) - Instead of "layoffs" and "buyouts," General Motors likes to use the terms "involuntary separations" and "voluntary separations"—and it says it has largely avoided the former by getting 5,000 workers to accept the latter. CFO Paul Jacobson said Tuesday that around 5,000...

Mercedes: Drivers Can Accelerate Faster, for a Fee

Subscription service is part of 'loathsome' trend

(Newser) - Mercedes-Benz has become the latest company to join a trend that many drivers despise: Charging people to unlock features in vehicles they already own. The company is offering an "Acceleration Increase" subscription service that will—for $1,200 a year—allow some of its vehicles to accelerate from 0...

GM's Net Income Tumbles 40%
GM's Net Income Plummets 40%
Jul 26, 2022 7:30 AM CDT

GM's Net Income Plummets 40%

Chip, parts shortages hindered sales in Q2

(Newser) - General Motors' second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and drove the company's US sales down more than 15%. The Detroit automaker earned $1.67 billion from April through June, in part because it couldn't deliver 95,...

The Auto Market Is a Weird One at the Moment

For modest-income buyers, new cars are out of reach

(Newser) - Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Supply is drastically down. And gasoline costs drastically more. The result? A widening disparity between the richest buyers and everyone else, per the AP . The most affluent buyers keep...

In France, Car Ads Will Soon Promote ... Walking

And bicycles, under new regulation that goes into effect in March

(Newser) - Beginning in March, car ads in France will increasingly promote ... bicycles. And walking, public transportation, or reducing the number of cars on the road by carpooling. That's due to a new regulation that kicks in that month that requires automakers including messaging in their ads that encourages people to...

Tesla's 'Tumultuous Year' Just Got Worse

Automaker ranked almost last for reliability in new Consumer Reports ranking

(Newser) - Lexus will be pleased with the latest Consumer Reports new-car reliability rankings , but one big name won't be. After surveying owners of more than 300,000 vehicles that were 2020 or 2021 models, the consumer group placed Tesla second to last (ahead of only the Lincoln brand owned by...

Rivian Customers Cash In on Pre-Order Stock Offer

EV buyers were eligible to buy IPO shares that then jumped

(Newser) - When Rivian set up its initial public offering, the electric vehicle company set aside 7% of its IPO allocation for its directed share program. Eligible participants included anyone pre-ordering a vehicle, CNBC reports. So when Rajiv Patel put down $1,000 for an SUV, he maxed out on the stock...

Ford to Make Its Most 'Dramatic' Investment Ever

Automaker to build assembly plant, 3 factories for EV batteries in South, with hopes of 10.8K jobs

(Newser) - Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025—a dramatic investment in the future of EV technology that will create an estimated 10,800 jobs and shift the automaker's future manufacturing footprint toward the South....

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