Category: Ford

The CEO of Ford is throwing shade at the Cybertruck’s viral — and messy — attempt to drive up a dirt...

Tesla CEO Elon Musk introducing the Cybertruck in November 2019. Frederic J. Brown/AFP via Getty Images A video of Tesla’s Cybertruck struggling to make it up a dirt hill went viral on Friday. On Wednesday, Ford CEO Jim Farley appeared to shade the rival carmaker with his own off-road demo. The Cybertruck is expected to be delivered to consumers this month, after two years of…

UAW contract meets some opposition as factories vote on strike deal

The hard-fought contract secured by United Auto Workers (UAW) after weeks of strikes against the Big Three auto companies is now facing some opposition as it goes to a vote at unionized factories across the country. The tentative agreements between the union and each carmarker – Ford, General Motors (GM) and Stellantis — came after a strike was launched in mid-September. Around 46 percent of…

Honda boosts pay to keep up with US competitors

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Honda factory workers set to get pay boosts after UAW strike  Honda has a pay boost in store for factory workers in the U.S. next year, coming on the heels of a deal struck between three major automakers and the United Auto Workers union. © AP…

UAW wins back Obama-era concessions from financial crisis, as strike nears end

The United Auto Workers (UAW) union has won back several concessions it made to three major automakers in the wake of the 2007-2008 financial crisis, after reaching tentative agreements with all three major U.S. automakers. General Motors was the last of the three to reach a deal with the union Monday, agreeing to largely the same terms that Ford and Stellantis accepted Wednesday and Saturday….

Stellantis will match pay hike included in UAW-Ford deal

Jeep-maker Stellantis on Saturday offered to match the tentative deal struck between the United Auto Workers (UAW) union and Ford — as strikes at the top automakers hit six weeks. Sources confirmed the Stellantis deal to the Associated Press, adding that most of the main points of the Ford deal will carry over into their agreement.  UAW members and Ford reached a tentative labor agreement…

UAW, Ford reach tentative labor agreement

United Auto Workers (UAW) and Ford reached a tentative labor agreement Wednesday, the union announced, ending six weeks of strikes at the company. The four-year, tentative deal includes a 25 percent wage increase over the course of the contract, with 11 percent coming in the first year. Cost of living increases could lift the pay raises to 33 percent, the union said. “Today, we reached…

Ford’s truck plant is the latest factory to be hit by strikes — and could mean headaches if you’re in...

United Auto Workers members went on strike against GM for 40 days in 2019. AP The United Auto Workers union is on strike.  Certain buyers beware — the return of deals and inventory will soon vanish. It’s unclear how long targeted work stoppages may last.  Targeted strikes by the United Auto Workers union have hit Ford’s pickup truck factory in Kentucky — a bad sign…