The ratified UAW-GM deal secures a 25% base wage increase through April 2028, cumulatively raising the top wage by 33%.
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INDUSTRY NEWSLatest News
Lamborghini unveils Huracan STO SC 10° Anniversario celebrating 10 years of Squadra Corse
Lamborghini takes the wraps off the Huracan STO SC 10 Anniversario model at the World Finals 2023. The special model celebrates a decade of Lamborghini’s …
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INDUSTRY NEWSLatest News
Redwood Materials inks deal to supply recycled components to Toyota’s EV Battery Plant
While specific details about the value and timeline of the agreement remain undisclosed, Redwood CEO expressed optimism about the partnership’s long-term potential
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Mercedes-Benz plans to install at least 2,500 EV chargers through 400 charging across North America by the end of the decade.
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Due to arrive in 2025, the HiPhi A electric hypercar promises a new level of EV performance.
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Schaeffler AG made an unsolicited tender offer for Vitesco Technologies Group AG, valuing the company at €91 per share.
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Volkswagen’s CEO Oliver Blume believes that a sub-20,000 euros electric car can come to the market by the second half of this decade.
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French automobile manufacturer Renault is targeting sales one million electric vehicles by 2031, translating to a revenue of 25 billion euros.
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INDUSTRY NEWSLatest News
Ferrari announces workforce expansion and employee-centric initiatives for 2024
Ferrari plans to bolster its workforce with the recruitment of 250 new employees in the initial six months of 2024.
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INDUSTRY NEWSLatest News
UAW announces resolution as Mack Truck workers approve new five-year contract
by Biplab Dasby Biplab DasThe resolution follows the rejection of an earlier tentative deal and marks a significant development in the ongoing negotiations between the UAW and Mack Trucks.