Tuesday, February 4

Tag: auto industry

The Auto Strike Threatens a Supply Chain Already Weakened by Covid
16Sep By adminNo Comments
Technology

The Auto Strike Threatens a Supply Chain Already Weakened by Covid

In addition to making everyone an epidemiologist, the Covid-19 pandemic schooled the public on the world-spanning network of manufacturers, assemblers, and shippers behind just about every consumer good that arrives on your doorstep. Or driveway. Car prices soared as automakers struggled with a supply chain jammed up by worker shortages, chip shortages, and shipping delays.Now plants at Detroit’s Big Three automakers are closed again, after nearly 13,000 members of the United Autoworkers Union left the assembly lines at three plants run by Stellantis, Ford, and General Motors. The workers want reforms, including higher pay and shorter workweeks, as the industry faces unprecedented change associated with the transition to electric vehicles.One consequence of a prolonged strike may be a sup...
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EV Mania Hasn’t Killed Hunger for Hybrid Trucks
13Sep By adminNo Comments
Technology

EV Mania Hasn’t Killed Hunger for Hybrid Trucks

This may not be great news for the climate. A person who swaps a gas truck for a hybrid one will reduce their emissions. An analysis of 2020 pickup trucks found that a hybrid truck emits almost 30 percent less greenhouse gas over its lifetime than a solely gas-powered counterpart. But global climate goals generally require not only fully electrifying most driving but also driving significantly less. In the short term, hybrids may help car companies meet more stringent emissions regulations. But ultimately, “the hybrid is a gas car,” says Gil Tal, who directs the Electric Vehicle Research Center at UC Davis. Moving more people into battery electric vehicles and hybrids that plug in should be the goal, he says.Right now, though, the hybrid truck push is rooted in recognition that many car b...
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Stellantis offers 14.5% pay increase to UAW workers in latest contract negotiation talks
9Sep By adminNo Comments
Money

Stellantis offers 14.5% pay increase to UAW workers in latest contract negotiation talks

How potential UAW strike could impact the economy How potential UAW strike could impact the economy 07:28 Automaker Stellantis on Friday offered the United Auto Workers a new four-year deal that would increase employees wages by 14.5%, the latest back and forth between the company and its employees as they try to hammer out a new labor contract before the current one expires. The wage increases, which would be for most workers, wouldn't include any lump sum payments, Mark Stewart, chief ope...
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UAW chief says time is running out for Ford, GM and Stellantis to avoid a strike
7Sep By adminNo Comments
Money

UAW chief says time is running out for Ford, GM and Stellantis to avoid a strike

What a potential UAW strike could mean for the supply chain What a potential UAW strike could mean for the supply chain 06:28 The head of the United Auto Workers warned Wednesday that the union plans to go on strike against any Detroit automaker that hasn't reached a new agreement by the time contracts expire next week."That's the plan," President Shawn Fain responded when asked if the union would strike any of the companies that haven't reached a tentative deal by the time their national c...
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UAWs presses Big 3 with “audacious” demands, edging closer to strike as deadline looms
4Sep By adminNo Comments
Money

UAWs presses Big 3 with “audacious” demands, edging closer to strike as deadline looms

A 46% pay raise. A 32-hour week 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 closer to a strike when its contract ends September 14. The automakers, which are making billions in profits, have dismissed the UAW's wish list. They argue that its demands are unrealistic at a time of fierce competition from Tesla and lower-wage foreign automakers as the world shifts from internal combustion engines to electric vehicles. The wide gulf between the sides could mean a strike against one or more of the automakers, which could send already-inflated vehicle prices even higher."Our employers only valu...
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Trump Wages War On Electric Vehicles
21Jul By adminNo Comments
Politics

Trump Wages War On Electric Vehicles

This article is part of HuffPost’s biweekly politics newsletter. Click here to subscribe.Not all of this week’s big Donald Trump news was tied to indictments.On Thursday, the former president distributed a video and statement on the auto industry ― specifically, about how he intends to save it from what he says is President Joe Biden’s neglect. The missive covered a lot of ground, including how, according to Trump, Biden’s failure to control inflation and get tough with trading partners has put U.S. carmakers at a disadvantage.But the main thrust of the message was an attack on Biden’s support for electric vehicles.Biden and his Democratic allies have been touting that support, especially through subsidies that were part of last year’s Inflation Reduction Act, as one of their biggest acco...
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EV Sales Hit a Record in the US. Now Their Popularity May Be Waning
14Jul By adminNo Comments
Technology

EV Sales Hit a Record in the US. Now Their Popularity May Be Waning

This story first appeared on Grist, a nonprofit media organization covering climate justice and solutions.Electric vehicle sales in the United States set a record this past quarter and are on track to break the 1 million mark in 2023, which would be a milestone for the industry. This surge comes even as many vehicle models have lost their eligibility for federal, and some state, incentives.Analysts at Wards Intelligence and Cox Automotive reported that consumers bought nearly 300,000 EVs between the beginning of April and the end of June. That represents a year-over-year jump of roughly 50 percent and included growth in May and June, the first two months after federal tax credit rules became more stringent. Plug-in hybrid sales climbed as well.“​​There are some vehicles that are intriguin...
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