
Lion Electric revealed plans for a strategic reduction in its workforce just after employees at Lion Electric Company in Joliet, IL, declared intent to unionize.
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Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
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Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.
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While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.
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Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.
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The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.
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In the past year, industries such as construction, transportation, and mining have had staggering levels of quitting. Why are people quitting these industries?
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Ford Motor Co. plans to invest $9 billion under a new four-year UAW contract that will result in new vehicles, engines, and transmissions, along with a commitment from Ford to create of retain 8,500 jobs.
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UPS has dismissed 250 drivers in Queens, New York, after they walked off the job for 90 minutes in support of a long-time employee and union activist, who was fired by the parcel delivery service.
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