Latest Automobile manufacturing News

GM contract: worker pay hikes, factory closings move forward

Oct. 17, 2019 2:33 PM EDT

DETROIT (AP) — A tentative four-year contract with striking General Motors gives workers a mix of pay raises, lump sum payments and an $11,000 signing bonus. In return, the contract allows GM to proceed with factory closures in Lordstown, Ohio; Warren, Michigan; and near Baltimore. Details were posted...

Workers celebrate deal with GM, show union power in industry

Oct. 16, 2019 11:18 PM EDT

DETROIT (AP) — On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter. They had carried signs for 31 days and demonstrated the muscle the United Auto...

Markets Right Now: Stocks close mostly lower on Wall Street

Oct. 16, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing mostly lower on Wall Street as losses for technology and energy companies offset gains in other sectors. Salesforce.com slumped 3.8% Wednesday and Exxon Mobil gave up 1.7%. Homebuilders benefited...

The Latest: Union says deal with GM offers 'major gains'

Oct. 16, 2019 2:14 PM EDT

DETROIT (AP) — The Latest on the United Auto Workers and General Motors reaching a tentative contract agreement (all times local): ___ 2 p.m. The United Auto Workers union's top bargainer with General Motors says a tentative deal with the company will bring "major gains" to workers. Union Vice President...

A history of key United Auto Workers strikes against GM

Oct. 16, 2019 1:24 PM EDT

DETROIT (AP) — A rundown of notable labor events involving the United Auto Workers and General Motors Co. General Motors and the United Auto Workers reached a tentative contract deal Wednesday: 1936-37: The UAW led "sit-down" strikes at GM plants in Flint, Michigan, and other cities as a protest against...

Toyota to hire 400 workers at Kentucky plant

Oct. 16, 2019 4:44 AM EDT

GEORGETOWN, Ky. (AP) — Toyota says it is adding 400 employees at a Kentucky plant with starting pay of more than $18 an hour. News outlets report plant manager Susan Elkington said in a video that the company is also offering a $500 signing bonus at the plant in Georgetown. Day shift starting hourly pay is...

End in sight? GM CEO Barra joins talks with striking union

Oct. 15, 2019 4:36 PM EDT

DETROIT (AP) — General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by the United Auto Workers union that has paralyzed the company's factories. Barra and GM President Mark Reuss were in the bargaining room early Tuesday,...

Wages, pensions, plant investments still issues in GM strike

Oct. 14, 2019 7:02 PM EDT

DETROIT (AP) — With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement. After both sides exchanged barbs late last week, bargainers met late into the night during the weekend, and they've returned in the morning, talking...

Electric vehicle startup to begin manufacturing in Illinois

Oct. 14, 2019 6:51 PM EDT

NORMAL, Ill. (AP) — Thousands of people attended an event to see prototypes of electric vehicles a central Illinois startup plans to create, an effort that already has the backing of officials through promised tax breaks and incentives. Rivian Automotive held a public event Sunday to show the community of...

China's auto sales sink 6.3% in September

Oct. 14, 2019 6:42 AM EDT

BEIJING (AP) — China's auto sales sank 6.3% in September from a year earlier and purchases of electric cars tumbled 34.2% at a time when the industry is spending heavily to meet government sales quotas for the technology, an industry group reported Monday. The global industry's biggest market is on track...