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Michael Strong

UAW Hits GM Hard with Latest Strike

UAW Hits GM Hard with Latest Strike

The UAW is keeping the pressure on the Detroit Three automakers during their contract negotiations. Union chief Shawn Fain followed up Monday’s strike call at Stellantis’ Sterling Heights (MI) Assembly Plant with a call for workers at GM’s Arlington Truck Plant to stand up and walk out. Get details at Headlight.News.

Price Cuts Tamp Down Tesla Third Quarter Results

Price Cuts Tamp Down Tesla Third Quarter Results

The impact of Tesla’s price cuts hit home in the third quarter as its earnings fell on a year-over-year basis. Perhaps more importantly, more price cuts are expected to come in the fourth quarter at the company pushes to meet its goal of delivering 1.8 million vehicles globally. More cuts means a tough final quarter — fiscally anyway. Details at Headlight.News.