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.
General Motors
GM Takes on the Challenge of Backing Up the Struggling Electrical Grid with New Sodium Ion Batteries
Even though EV sales may be slowing down, the nation’s electrical grid faces a variety of challenges, especially with the surge in data center construction. GM plans to lend a hand through a new partnership bringing out backup technology using new sodium ion battery technology. More from Headlight.News.
Dogfight Coming in the Midsize Truck Market
Once given up for dead, the midsize pickup segment is booming — but faces a real battle as more players get set to enter the game. Get the story at Headlight.News.
UAW Strikes Key Supplier, Potentially Crippling GM, Ford and Stellantis
Detroit’s Big Three automakers face the prospect of running short of key components for some of their most profitable models as the United Auto Workers Union strikes supplier American Axle. More from Headlight.News.
No V-8? No Sale, Say 40% of Ram Buyers
The latest-generation Ram 1500 pickup got off to a slow start when it made its debut two years ago, sales only taking off when the automaker revived the Hemi engine option last summer. Nearly half of Ram buyers demand a V-8 a senior executive said, even if doesn’t deliver the power, performance – or fuel economy of today’s turbocharged inline-6. More from Headlight.News.
Oil Shortage Takes Another Step Toward Critical Mass
The ongoing war with Iran poses plenty of automotive-related problems, including higher gas prices, but there is a looming crisis when it comes to lubricants, which will only add to the draw on the bank accounts of Americans. Get the details at Headlight.News.
Automakers Set to Get Billions in Tariff Refunds – But Will Buyers Also Benefit?
Detroit’s Big Three automakers are in for windfall refunds from the federal government – a combined $2.3 billion coming back now that a key portion of the Trump tariff regime was ruled illegal by the U.S. Supreme Court. But buyers may not see a penny of that, reports Headlight.News.
Ford, Stellantis Deliver Upbeat Q1 Earnings – But Not Everyone is Impressed
After taking a financial hammering last year, both Ford and Stellantis appear to be getting the new year off on a positive note, delivering unexpectedly strong first-quarter earnings. Ford got a boost from a big tariff refund, Stellantis from a sharp upturn in sales of Ram and Jeep models. More from Headlight.News.
Automakers Warn Tariffs May Force Them to Drop Entry Models
At a time when the typical buyer now spending around $50,000 to drive off the dealer lot, millions of American motorists are being forced out of the new vehicle market. Budget buyers could soon find their choices even more limited, however, depending upon negotiations to update the U.S. -Mexico-Canada Agreement. How that shakes out may lead a number of U.S. and foreign-owned automakers to drop their most affordable models.
GM Raises Earnings Guidance While Reporting Lower Q1 Net Income Number
General Motors saw its first quarter net income drop 5.7% to $2.6 billion due costs associated with a settlement with its electric vehicle supplier base. However, on an adjusted basis its earnings rose 21.9% to $4.3 billion. Find out more at Headlight.News.
Tariffs Leave Buick Struggling
The year’s gotten off to a bad start for Buick, the automaker’s U.S. sales down by roughly a third during the first quarter. Put the blame on the Trump auto import tariffs which have crippled sales of one of the brand’s most important products. Headlight.News has more.
Chevy Reportedly Set to Revive the Camaro – But as a Sedan
Three years after sending the Chevrolet Camaro driving off into the sunset, General Motors appears ready to bring it back to life – but it could be a very different vehicle from the one muscle car fans are familiar with. More from Headlight.News.