As part of the new deal with the UAW, General Motors committed to $13.3 billion in new investment during the life of the contract. One of those is a cheaper Chevrolet Bolt EV, union chief Shawn Fain revealed. Find out more at Headlight.News.
General Motors
UAW Chief Fain’s Record Contracts Impacting Entire Industry
When UAW President Shawn Fain said the union was looking not only to win back what the union lost nearly two decades ago and to get more, but also to revive the labor movement in the country, he didn’t know how quickly that would come to his own industry, reports Headlight.News.
GM, UAW Reach Agreement on New Deal
And then there were none. Less than 24 hours after the UAW went on strike at General Motors plant in Spring Hill, Tennessee the two sides got a deal done. Details are sparse, but it’s safe to assume there’s a 25% raise in the deal. Find out more at Headlight.News.
Ford Rethinks its Costly EV Program – and it’s Not Alone
Ford is rethinking its commitment to battery-electric vehicles, at least in the near term, company officials revealed during an earnings call. It might seem a logical move considering the automaker lost about $37,000 on every EV it sold during the third quarter. But Ford is by no means the only automaker rethinking its commitment as growth in the electric vehicle market slows. Read the story at Headlight.News.
Who’s Next? After Ford Settles, UAW Still Has to Crack GM and Stellantis
Ending a nearly six-week walkout, Ford reached a tentative settlement with the United Auto Workers union providing it a 25% raise — its best deal in more than two decades. Now, the UAW has to wrap up talks with General Motors and Stellantis, but there are potential sticking points that could drag things out, reports Headlight.News.
GM, Honda Ending $5B EV Development Partnership
Just about 18 months after announcing a $5 billion partnership to develop affordable electric vehicles, General Motors and Honda ended the deal. Find out what changed to cause the split at Headlight.News.
California Suspends Cruise Robotaxi Permit Following Pedestrian Crash
California regulators suspended the permit allowing General Motors’ subsidiary Cruise to operate a fleet of driverless robocabs on the streets of San Francisco. The move happens as additional video evidence comes to light in the wake of a crash earlier this month in which a pedestrian was run over by one of the company’s vehicles. Get details at Headlight.News.
UAW’s Stand-Up Strike Shuts Down Stellantis’ Full-Size Ram Pickup Plant
With no major progress reported in contract talks with Detroit’s Big Three automakers, the UAW ordered nearly 7,000 workers to walk out at the most profitable plant operated by Stellantis, its Ram pickup line in the Detroit suburb of Sterling Heights.
GM, Honda Set to Unleash Cruise Robocabs on Tokyo
Any foreigner who has tried to negotiate Tokyo’s narrow, windy and painfully crowded roads knows what a challenge that can be. But General Motors and Honda say they’re confident they’ve got a better way to navigate traffic, with the partners set to launch service by Cruise robotaxis in Japan’s capitol starting in 2026.
GM Tells UAW: Enough is Enough. There’s No More to Give
GM manufacturing chief Gerald Johnson took an end run around UAW leaders by providing striking workers a detailed look at the company’s latest contract offer. “These are not poverty wages,” he stressed, noting many union employees will make over $100,000 before benefits. GM, Johnson stressed, simply can’t offer any more if it hopes to remain competitive.
Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk
Within a week of its 2019 launch, Tesla claimed to have logged 250,000 advance reservations for the Cybertruck, and CEO Musk claims the number is now up to 1 million. Yet, even with the all-electric pickup finally in production, it very well could turn into a bust, CEO Elon Musk telling investors and analysts “We dug our own grave with the Cybertruck.”
GM Delays EV Pickup Plant Launch Until Late 2025
Once again, GM is delaying production of some of its new battery-electric vehicles, this time announcing that production of the Chevrolet Silverado EV and GMC Sierra EV pickups won’t start rolling out of the suburban Detroit Orion Assembly Plant until late 2025. But, as Headlight.News reports, limited numbers of Silverado EV commercial models are being produced at a second plant.