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GM, UAW Reach Tentative Deal

General Motors and the United Auto Workers union have reached a tentative deal after a 31-day labor strike. Details of the deal have yet to be released, but union officials are claiming some "big wins" for the members.  Both GM and the union have issued official statements confirming the deal, but neither have offered any details. Some sources are suggesting…

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GM, UAW Close To Strike-Ending Deal

General Motors and the United Auto Workers union are reportedly close to a deal. The deal would end a 30-day strike by the UAW's membership and comes as GM CEO Mary Barra and President Mark Reuss reportedly joined the negotiation process earlier this week.  A report by Reuters states the two parties had reached an agreement on most of the large issues…

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Volkswagen Denies Report It May Spin Off Lamborghini

Volkswagen Group is denying reports it plans to sell or spin off Lamborghini into its own company. The denial comes after reports surfaced over the weekend suggesting the German automaker was making moves to craft Lamborghini into its own legal entity.  Bloomberg first broke the news over the weekend, reporting that VW was planning to either sell the Lamborghini brand or…

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GM CEO Mary Barra Meets With Union Leadership

General Motors CEO Mary Barra has now involved herself in negotiations between the automaker and the United Auto Workers union. The chief executive met with union leadership to attempt to nudge talks along as one of the longest strike's in over 30 years wages on.  Barra met with UAW President Gary Jones and senior union negotiator Terry Dittes on Wednesday at GM…

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Talks Between GM, UAW Take 'Turn For The Worse'

Talks between General Motors and the United Auto Workers union have reportedly taken a turn for the worse over the weekend. Despite the setback, talks to form a new four-year collective bargaining agreement are still ongoing as both parties attempt to end the longest strike in 30 years.  Reuters reports GM presented an offer to the UAW recently that was basically…

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Ford Inks Joint Venture Deal With Mahindra

Ford Motor Company announced Tuesday it has finalized a deal to shift nearly all of its operations in India to a new joint venture. The join venture will be with Mahindra, who Ford has an existing relationship with and will take a majority stake in the joint venture company.  The joint venture will be valued at $275 million, with Mahindra…

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GM, UAW May Be Nearing Tentative Agreement

General Motors and the United Auto Workers may be nearing a tentative deal regarding their collective bargaining agreement. Recent reports have suggested the talks have advanced out of sub-committee, which is often a sign a deal is near.  As part of the negotiation process, both sides break out into various sub-committees to hammer out details surrounding specific portions of the…

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GM, UAW Could Be Weeks From Deal

General Motors and the United Auto Workers could be weeks away from inking a new collective bargaining agreement. Both sides are reportedly digging their heals in as nearly 49,000 hourly GM workers strike, leaving GM's assembly plants to sit idle.  Most forecasters agree that GM is unlikely to cave soon, according to Automotive News. The automaker is reportedly losing $50 to…

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Amazon Ordering 100,000 Electric Rivian Vans

Amazon has one of the largest physical presences in the world, so its environmental impact is vast. Founder and CEO Jeff Bezos is on a mission to achieve the goal of the Paris Climate Accord 10 years early and a key part of that is an order for 100,000 battery-electric vans from Rivian.  If the association between the words Amazon…

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UAW Strike Ripples To Canada

The United Auto Workers national strike against General Motors is beginning to have ripple effects for the automaker. GM has confirmed production at its Oshawa, Ontario assembly plant is now impacted due to a shortage of parts caused from the strike.  GM Canada has confirmed it has temporarily laid off 1,200 workers from the Oshawa assembly plant. The layoff is…

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