GM postpones expanding production of electric trucks
General Motors is putting off adding a second factory for production of its electric pickups until late 2025, the automaker announced Tuesday.
2023-10-18 05:58
GM delays EV truck production by a year at Michigan plant
DETROIT General Motors Co said on Tuesday it will delay production of the electric pickup trucks at its
2023-10-18 00:45
UAW expands strike, hitting Ford's largest factory
The United Auto Workers union surprised Ford late Wednesday night, having 8,700 workers walk off the job at the company's largest plant, the Kentucky Truck Plant that builds the company's heavy duty version of its F Series pickup, as well as its full-size SUVs.
2023-10-12 07:19
Malaysia’s LTAT Pension Fund to Make Boustead Plantations General Offer
Malaysia’s armed forces pension fund will offer to buy the shares of its palm oil unit Boustead Plantations
2023-10-05 11:17
Malaysia’s LTAT Weighs Keeping Control of Boustead Palm Unit in KLK Deal, Sources Say
Kuala Lumpur Kepong Bhd. is in talks with Malaysia’s military pension fund to rework a deal announced in
2023-10-04 16:55
Ford pausing work on $3.5 billion Michigan electric vehicle battery plant
Ford is pausing work on a new, $3.5 billion electric vehicle battery plant in Michigan, even as the transition to electric vehicles has become a major sticking point in a United Auto Workers strike against automakers Ford, GM and Stellantis.
2023-09-26 06:19
'A spit in the face.' Electric vehicle plans worry a Midwest auto town
Normally a new, $2.5 billion factory, complete with 1,400 expected jobs, would be considered a good thing for a local economy.
2023-09-13 19:15
Two neighboring Ohio factories - one new, one closed - could tell the future of US auto industry
The massive Lordstown Assembly factory in Ohio, nearly the size of the Pentagon, more than 50 years old and nearly empty, is a reminder of the past strength of both General Motors and the United Auto Workers union. The much smaller, new electric vehicle battery factory next door could be the future for both the company and the union.
2023-09-09 20:46
Newport Wafer Fab: Restrictions blamed for proposed job losses
Nexperia announce 100 job losses after it was told to sell its stake over national security worries.
2023-09-06 03:19
UAW wins 25% raises for workers at Ohio EV battery plant
The United Auto Workers union reached a tentative deal Thursday to raise wages 25% at Ultium Cells, a company that makes batteries for General Motors' electric vehicles.
2023-08-25 08:28
Germany spends big to win $11 billion TSMC chip plant
Taiwanese chipmaker TSMC on Tuesday committed 3.5 billion euros ($3.8 billion) to a factory in Germany, its first in Europe, taking advantage of huge state support for the $11 billion plant as the continent seeks to bring supply chains closer to home.
2023-08-09 09:46
Tyson is closing four plants as chicken sales slump
Chicken prices are down. That's good news for chicken eaters, but bad news for Tyson Foods.
2023-08-08 01:26