Ford Halts Production at Two Plants Affecting Hundreds of Workers In a recent announcement, Ford has disclosed that it will temporarily suspend operations at its transmission plant in Sharonville, Ohio, and its Rawsonville Components plant in Michigan. This decision will impact a total of 364 workers, with 354 individuals from the Sharonville plant and 10…
Stellantis Proposes Raises and End to Wage Tiers in Showdown with UAW Stellantis, the parent company of Jeep, has made a new proposal to the United Auto Workers (UAW) that includes significant raises and an end to wage tiers. The proposal, which aligns with those from Ford and General Motors, offers nearly 21% in pay…
Tesla to Partner with Stellantis for Supercharger Stations Tesla to Partner with Stellantis for Supercharger Stations Introduction European auto giant Stellantis, which owns brands including Chrysler, Peugeot, and Maserati, is tipped to be the next company to sign a deal with Tesla to use its supercharger stations, according to RBC analyst Tom Narayan. It would…
The Experts React: Tesla’s 12-Day Winning Streak Market Movers rounded up the best reactions from investors and analysts on Tesla. The experts discussed the electric vehicle maker’s 12-day winning streak — its longest ever. Charging Station Deal On May 25, Tesla announced a new deal to allow Ford EV owners access to more than 12,000…
Companies Making Headlines in Midday Trading Nvidia Shares of the chipmaker and artificial intelligence beneficiary popped nearly 6%, building on its recent gains on the heels of a blowout quarter. The moves pushed Nvidia’s market value above $1 trillion. Other chipmakers with AI ties also gained, with Broadcom last up more than 5%. Tesla Shares…
Chennai, June 20 (IANS) About 1,100 workers have resumed work at the Ford India Private Ltd’s Maraimalainagar plant near here even though an agreement between the workers’ union and the management on severance package has not been reached, sources said. “There is no progress in the talks with the management on the severance package. However,…
San Francisco, June 6 (IANS) US-based automaker Ford is reportedly planning to invest $3.7 billion to add over 6,200 union jobs to its manufacturing plants in Michigan, Ohio, and Missouri. The automaker also plans to invest another $1 billion in the next five years to improve the workplace environment in its factories based in the…
Chennai, June 1 (IANS) About 2,000 workers of Ford India Pvt Ltd’s plant near here that will be shutdown soon, are hoping for some good news from the management in respect of their severance package, said a union official. “The management said they will come out with their offer on Wednesday afternoon. We are waiting…
Chennai, May 30 (IANS) Around 2,200 workers of Ford India Pvt Ltd’s plant near here are on protest demanding better severance package as the company has decided to shut down the plant sometime next month, said a workers’ union leader. The workers are also dejected at being left out, as Ford India’s Gujarat plant and…
San Francisco, Feb 13 (IANS) The US-based carmaker Ford has hired former Tesla Engineer Alan Clarke, who left the company over 12 years to oversee Ford’s “Advanced EV Development” projects. According to Clarke’s LinkedIn, he accepted the position this week and officially joined Ford in California, reports Teslarati. At Tesla, he spent over 12 years…
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