The growth of China’s auto industry is posing a threat to long-established automakers, who are looking for protection even as consumers, pressured by the rising price of new vehicles, take a serious look at what brands like BYD, Geely and Zeekr have to offer. How long can they remain locked out of the American market? More from Headlight.News.
As heat and smoke from unchecked Canadian wildfires settled over auto plants from Flint, Michigan southward through Detroit to Toledo, employee complaints about unsafe working conditions has skyrocketed – complaints compounded by heat wave.
Sales of electrified vehicles helped keep the industry afloat in June and during the second quarter, with Korean brands, in particular, delivering record sales numbers. More from Headlight.News.
Stagnating demand in Western markets, the end of the ‘global car,’ and the cost of electrification present automakers and suppliers with a triple conundrum, says AlixPartners’ annual report on the state of the auto industry.
The UAW plans to fatten up its strike fund as it prepares for fights with big, corporate employers. But union Pres. Shawn Fain also faces a potentially explosive re-election campaign in the months to come as the union moves to fill spots on its executive board.
Members of the United Auto Workers Union ratified a new, four-year contract with the Dauch Corp. ending a strike at a plant in Three Rivers, Michigan. The agreement gives workers a big raise and ends the threat to General Motors truck production.
Sales of new vehicles remained steady in May. But despite conventional wisdom that the battery-electric market is dying, buyers showed renewed interest in electrified models, including EVs and hybrids. Headlight.News has more.
The United Auto Workers says any new trade agreement with Mexico and Canada should include quotas on imports, while boosting wages of Mexican workers and providing American workers a chance at the American Dream. Read the story at Headlight.News.
Car sales headed downward in April as gloomy economic news spawned by rising oil prices and higher inflation took the edge off the excitement of the traditional spring buying season. More from Headlight.News.
Paying for a new car is getting more complicated as monthly payments climb and the length of loan contracts increase. It doesn’t help that interest rates remain high. More from Headlight.News.
New vehicle sales appear to have gone into decline during the first quarter, with industry insiders worrying the downturn could accelerate as the Iranian War triggers not only higher fuel prices but more general inflation. More from Headlight.News.
As the War with Iran drags on, Americans are becoming ever more pessimistic about the U.S economy. A potentially spiraling round of inflation, marked by surging fuel prices, could hit hard, starting with the automobile business. More from Headlight.News.