Top Toyota Motor North America executives said new-vehicle prices will likely continue to rise, while supply constraints will ease in 2023 as excess demand that was previously sidelined keeps industry economics robust.
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Fain has promised a more aggressive approach to bargaining with the Detroit 3 this fall. The union is expected to fight for better wages and benefits as well as more job commitments.
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Organizers of IAA Mobility 2023 said Wednesday they've reached an agreement with venture capital firm Assembly Ventures to oversee a portion of the show's conference programming this fall in Munich.
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In a letter sent Monday to congressional leaders, the groups called on lawmakers to pass "meaningful and durable" legislation that would modernize the permitting process for a variety of domestic energy projects, including critical mineral mining.
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Lucid is recalling several hundred electric vehicles due to a glitch that could cause its flagship model to lose power while being driven.
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A trial kicks off in San Francisco federal court on Monday to determine how much money Tesla Inc TSLA.O must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker's flagship assembly plant.
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The reorganization, expected to be announced soon, would mean those working on manufacturing engineering would be asked to relocate to central Illinois or its headquarters in Irvine, Calif.
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The Porsche and Piech families behind the unlisted holding company Porsche SE are the most powerful voice in VW Group,
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Shawn Fain won by fewer than 500 votes and received the support of less than 7 percent of UAW members eligible to vote.
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Benteler CEO Ralf Göttel says what's most important to automakers on EV programs is demonstrating scalability, sharing and creating economies of scale.
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