A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit's automakers as the manufacturers double down on cutting costs to fund an accelerated transition to electric vehicles.
UAW President Shawn Fain has countered there should be no jobs lost because of the shift to EVs. Fain and UAW leaders have used social media and visits to Washington to turn the spotlight on the Detroit automakers' robust profits and hefty pay packages for executives, rather than the cost of the shift to EVs.
"I am very concerned about it," Wakefield said last week. "It doesn’t look good at the moment. It's very difficult to forecast. Is it a week or two, or three or four months." In an opinion piece published in the Detroit Free Press last week, Farley said the automaker's management and union workers "share common goals - reaching a new deal that allows us to stay ahead of the changing industry landscape, protecting good-paying jobs in the U.S. and continuing to offer innovative and affordable products to our customers."has warned that more factories could be forced to close as more costly EVs take sales from combustion models.
Robert Stacy, 52, who has worked for Stellantis since 2006, said he is concerned that if he is offered a transfer and turns it down, he will lose his health insurance that his disabled wife relies on to supplement costs for hospital visits and prescription medication.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla shares accelerate toward $300 on spike in deliveries and charging deal with major automakersTesla is roaring back from a dismal 2022 as company shares, which have already doubled this year, were driven higher Monday by a spike in second-quarter deliveries.
Read more »
Tesla shares accelerate toward $300 on strong deliveries, charging deals with other automakers - AutoblogTesla is roaring back from a dismal 2022 as its shares, which have already doubled this year, were driven higher by a spike in second-quarter deliveries.
Read more »
Tesla shares accelerate toward $300 on spike in deliveries and charging deal with major automakersTesla is roaring back from a dismal 2022 as company shares, which have already doubled this year, were driven higher Monday by a spike in second-quarter deliveries.
Read more »
Chinese automakers to take majority of home market for first time - AutoblogChinese auto brands are on track to account for just over 50% of the cars sold in their home market this year thanks to a growing dominance in electric vehicles, consultancy AlixPartners said.
Read more »
Chinese automakers to take majority of home market for first time - forecastChinese auto brands are on track to account for just over 50% of the cars sold in their home market this year thanks to a growing dominance in electric vehicles, consultancy AlixPartners said on Wednesday.
Read more »
Dodge Durango, Jeep SUVs push Stellantis second-quarter sales up 6.4%Stellantis' sales uptick is expected to be among the lowest of the quarter, according to auto analysts who project industry sales to have increased 16% to 18%.
Read more »