The 46-day UAW strike in September and October cost GM roughly $1.1 billion, but the settlement’s price tag only modestly exceeded the automaker’s original projections, GM Chair and CEO Mary Barra says.
UAW President Shawn Fain says the key to recruiting non-union auto workers is to win good contracts for its own members, which he believes the union has done with its new contracts with General Motors, Ford and...
GM Ventures is investing in Niron Magnetics, a start-up that is developing a high-tech magnet that can function as the heart of an electric vehicle without using scarce rare-earth minerals.
Hourly U.S. workers at Toyota, Honda and Hyundai will receive raises as UAW contracts with General Motors, Ford and Stellantis appear headed for approval.
CEO R.J. Scaringe says Rivian’s amended agreement with Amazon, which owns a 20% stake in the BEV maker, gives the start-up the opportunity to sell commercial vans to other customers.