Ford (F) gains as UAW announces progress in negotiations ahead of strike expansion deadline
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Unifor sets their sights on GM as next bargaining 'target'
September 25, 2023 2:57 PM EDTCanadian union Unifor wasted no time in setting its sights on the next bargaining challenge, announcing General Motors (NYSE: GM) as its second "target" in contract talks with the Detroit Three. This strategic move comes just a day after the union successfully ratified a new... More
EU ministers reach compromise on vehicle emission regulations
September 25, 2023 2:37 PM EDTEuropean Union ministers reached a consensus on Monday to modify a European Commission proposition concerning new vehicle regulations. The decision came after eight countries, including France and Italy, expressed concerns that the proposed changes might redirect investments away from the electric vehicle industry.
The European Union has been progressively tightening emissions standards for road vehicles since 1992. The Commission's... More
Ford (F) is making strides but says 'significant gaps' remain in UAW labor talks
September 25, 2023 8:21 AM EDTFord Motors (NYSE: F) revealed this past Sunday that while negotiations between the Detroit automaker and the United auto Workers (UAW) union have made strides in certain areas, they still have "significant gaps to close" on key economic issues before they can finalize a fresh labor agreement.
The "issues are interconnected and must work within an overall agreement... More
UAW to Expand Strike Against GM (GM), Stellantis (STLA)
September 22, 2023 10:20 AM EDTUAW to Expand Strike Against GM (GM), Stellantis (STLA)
... MoreUAW President Says Made Real Progress with Ford Motor (F)
September 22, 2023 10:16 AM EDTUAW President Says Made Real Progress with Ford Motor (NYSE: F)
... MoreUAW Will Not Expand Strike Against Ford - Reuters
September 22, 2023 10:01 AM EDT(Updated - September 22, 2023 10:04 AM EDT)
UAW Will Not Expand Strike Against Ford - Reuters
United Auto Workers will say it has made real progress towards a deal with Ford.UAW to strike more GM, Stellantis plants.Strikes could hit plants making most profitable vehicles.... MoreUAW Expected To Announce Significant New Strikes Against Stellantis, GM - Reuters
September 22, 2023 9:51 AM EDT(Updated - September 22, 2023 9:53 AM EDT)
UAW Expected To Announce Significant New Strikes Against Stellantis, GM - Reuters
UAW Is Expected To Announce New Labor Actions Targeting At Least Six GM, Stellantis Facilities In MichiganEarlier, reports stated the UAW is expected to announce it made real progress with Ford in labor talks.... MorePopular stocks with increasing volume: F BABA DKNG PLTR RIOT NIO INTC CVNA
September 22, 2023 9:50 AM EDTPopular stocks with increasing volume: F BABA DKNG PLTR RIOT NIO INTC CVNA
... MoreAuto stocks gain as UAW expected to announce it made 'real progress' in Ford talks
September 22, 2023 9:32 AM EDTAuto stocks gain as the UAW is expected to announce it made real progress with Ford in labor talks, according to Reuters:
Ford Motor (NYSE: F) +2.9%General Motors (NYSE: GM) +1.7%Stellantis (NYSE: STLA) +1%... MoreExclusive-UAW to announce it has made real progress with Ford in labor talks - source
September 22, 2023 9:30 AM EDT(Reuters) - The United Auto Workers (UAW) will announce on Friday it has made real progress with Ford Motor in talks over a new labor contract, a source familiar with the matter said.
(Reporting by Abhijith Ganapavaram in Bengaluru and David Shepardson; Editing by Anil D'Silva)
... MoreUAW Will Announce It Has Made Real Progress With Ford In Labor Talks - Reuters
September 22, 2023 9:21 AM EDT(Updated - September 22, 2023 9:22 AM EDT)
UAW Will Announce It Has Made Real Progress With Ford In Labor Talks - Reuters
UAW will invite Biden to come to picket line.... MoreActivision Blizzard, Roku, Wayfair and Citi rise premarket; Ford falls
September 22, 2023 8:21 AM EDTInvesting.com -- U.S. futures edged higher Friday, ending a difficult week punctuated by a hawkish Federal Reserve meeting on a positive note.
Here are some of the biggest premarket U.S. stock movers today:
Activision Blizzard (NASDAQ: ATVI) stock rose 1.8% after the U.K. competition regulator indicated that... More
UAW union warns of extended strike against major U.S. automakers
September 22, 2023 5:39 AM EDTThe United Auto Workers (UAW) union has warned that it may prolong its strike action against the 'Big Three' American automakers, namely General Motors (NYSE: GM), Ford Motor (NYSE: F), and Stellantis (NYSE: STLA), the parent company of Chrysler. The union, which initiated limited strikes at one facility for each car manufacturer on Thursday last week, has stated that more workers will join the strike today if significant progress isn't achieved in negotiations.
Analysts Dan Ives from Wedbush and... More
BOJ stands pat, Activision acquisition deal, UAW strike - what's moving markets
September 22, 2023 5:38 AM EDTInvesting.com -- The Bank of Japan maintained its extremely accommodative monetary policy stance, hitting the yen, while U.S. stocks are set for hefty weekly drops in the wake of the Federal Reserves hawkish tilt. Microsoft (NASDAQ: MSFT) could soon receive U.K. approval for its Activision purchase, while an expansion of the UAW draws nearer.
1. Futures edge higher, but on course for weekly dropU.S. stock futures edged higher Friday, but are on course to post hefty weekly losses in... More
UAW strikes more GM, Stellantis facilities, cites progress in talks with Ford
September 22, 2023 1:11 AM EDTBy David Shepardson and Joseph White
DETROIT (Reuters) -The United Auto Workers expanded its strikes against Detroit automakers General Motors and Chrysler parent Stellantis, but kept its Ford walkout limited to a single plant due to progress made in talks, the union said on Friday.
The auto workers' union began strikes at noon EDT (1600 GMT) on Friday against 38 parts distribution centers across the United States at GM and Stellantis, extending its unprecedented, simultaneous strikes that began with one assembly plant each of the Detroit Three. The additional facilities added about 5,600 workers to the 12,700 already on strike.
... MoreFord Motor (F) September weekly option implied volatility increases
September 21, 2023 10:56 AM EDTFord Motor (NYSE: F) September weekly call option implied volatility is at 45, October is at 35; compared to its 52-week range of 27 to 588.
... MoreVinFast Auto (VFS) VinFast reports revenue surge in first annual report since debut
September 21, 2023 9:13 AM EDTShares of Vietnamese electric vehicle company, VinFast Auto (NASDAQ: VFS) are up 0.58% in pre-market trading Thursday after the company announced a 131.2% rise in revenue in its first quarterly report since going public in August.
The electric automaker reported Q2 revenue of 7.95 trillion... More
Auto workers rally as deadline nears to expand strikes on Detroit Three
September 21, 2023 6:03 AM EDTBy Hyunjoo Jin and Bianca Flowers
CHICAGO (Reuters) -United Auto Workers (UAW) members rallied against the Detroit Three automakers in multiple U.S. states on Thursday afternoon as Friday's deadline loomed for a threatened expansion of the union's strikes.
The seven-day standoff is fueling worries about prolonged industrial action that could disrupt production and ripple through the supply chain and dent U.S. economic growth.
The UAW last week launched unprecedented, simultaneous strikes at one assembly plant each of General Motors, Ford and Chrysler parent Stellantis.
Approximately 12,700 workers are on strike as a... More
UAW Source Says It Is Reviewing The New Offer From Stellantis (STLA) - Bloomberg
September 20, 2023 2:23 PM EDTUAW Source Says It Is Reviewing The New Offer From Stellantis (STLA) - Bloomberg
... MoreGM (GM) And UAW Are Far Apart In Talks, People Familiar Say - Bloomberg
September 20, 2023 11:40 AM EDTGM (NYSE: GM) And UAW Are Far Apart In Talks, People Familiar Say - Bloomberg
... MoreFord (F) avoids strike in Canada as UAW prepares to expand movement
September 20, 2023 10:37 AM EDTFord (NYSE: F) secured a last-minute agreement to prevent a strike at its Canadian facilities on Tuesday night, just as the United Auto Workers union was gearing up for the possibility of extending its strikes against the Detroit Three automakers in the United States.
Unifor, the union representing approximately 5,600 Canadian automotive workers, had issued a strike threat for... More
UAW strikes head into sixth day as union prepares to possibly expand labor actions
September 20, 2023 9:25 AM EDTInvesting.com -- A United Auto Workers strike against the so-called Detroit Three carmakers are heading into their sixth day, with the union warning that it will expand the scope of the labor actions on Friday if no progress is made in talks over pay hikes and compensation.
Ford (NYSE :... More
