Monday, December 23

Tag: JP:7267

China Wants to Move Ahead, but Xi Jinping Is Looking to the Past
28Dec By adminNo Comments
World

China Wants to Move Ahead, but Xi Jinping Is Looking to the Past

Dec. 27, 2023 11:00 pm ETListen to article(1 minute)A song called “Tomorrow Will Be Better” became a sensation in mainland China in the 1980s, when the nation was emerging from the poverty and turmoil of Mao Zedong’s rule.Its inspirational lyrics, which exhorted listeners to “look upward for the wings in the sky,” came to represent a generation that was starting to believe in a brighter future.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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North Carolina’s Billion-Dollar Bet on an EV Outsider
11Dec By adminNo Comments
World

North Carolina’s Billion-Dollar Bet on an EV Outsider

Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular: North Carolina. For years, officials there had been trying to get an automobile manufacturer to set up shop in rural Chatham County. More than a billion dollars of incentives got them the Vietnamese upstart with huge ambitions but a limited record.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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UAW Workers at GM’s Largest Plant Back Labor Pact, Boosting Deal’s Chances
15Nov By adminNo Comments
World

UAW Workers at GM’s Largest Plant Back Labor Pact, Boosting Deal’s Chances

A majority of workers at General Motors’ largest U.S. factory voted in favor of a tentative contract with the United Auto Workers, bolstering the deal’s chances for approval as a tight vote enters its final hours.Workers at GM’s factory in Arlington, Texas, which makes large SUVs including the Cadillac Escalade and Chevrolet Tahoe, voted yes by more than 60%, according to Wednesday results from the local union chapter.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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UAW Urges Honda, Subaru Workers to Join Union
11Nov By adminNo Comments
World

UAW Urges Honda, Subaru Workers to Join Union

Updated Nov. 10, 2023 12:17 pm ETThe United Auto Workers is mounting union-organization drives at Honda Motor and Subaru by asking workers to sign authorization cards indicating that they would like to join the union.The union on Friday posted links to social-media site X that included online forms workers at Honda and Subaru in the U.S. can fill out to express their support for UAW representation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Honda Gives U.S. Factory Workers 11% Pay Bump Following UAW Wins in Detroit
10Nov By adminNo Comments
World

Honda Gives U.S. Factory Workers 11% Pay Bump Following UAW Wins in Detroit

Nov. 10, 2023 10:21 am ETHonda Motor is giving many U.S. factory workers a 11% pay bump and making other improvements for these employees, a move that follows major gains secured by the United Auto Workers union in Detroit last month.The base wage increase is effective in January, according to a memo reviewed by The Wall Street Journal. The Japanese automaker is also cutting the time it takes to reach the top wage in half from six to three years, a change that is similar to one won by the UAW in its negotiations with General Motors, Ford Motor and Chrysler-parent Stellantis.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Honda Motor’s Motorcycle, Auto Operations Buoy Net Profit
9Nov By adminNo Comments
World

Honda Motor’s Motorcycle, Auto Operations Buoy Net Profit

Honda Motor’s net profit climbed sharply in the first half of its fiscal year, thanks to its highly profitable motorcycle operations and substantially improved profitability of its automobile operations.Net profit rose to 616.30 billion yen ($4.08 billion) in the April-September period, 82% higher compared with the same period a year earlier, the Japanese automaker said Thursday. That was below the estimate of Y628.92 billion from a poll of analysts by Quick. Sales revenue increased to Y9.61 trillion from Y8.09 trillion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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