Workers at the Detroit 3 are set to make up to $35 more an hour than at Tesla thanks to new union contracts

Tech Insider
UAW union member holds a sign during a strike rally
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. UAW president Shawn Fain joined members in solidarity with the ongoing strike.

Jim Vondruska/Getty Images

The auto workers union scored another major victory, reaching a pay deal with Stellantis that will lead to 1,200 workers getting rehired

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People in red union t-shirts carry a Stand Up sign as they march throughout downtown Detroit.
UAW President Shawn Fain marches with UAW members.

Bill Pugliano/Getty

Ford, Bank of America, and Morgan Stanley are among the 120 S&P 500 stocks that have plunged over 20% since the end of July

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FILE - In this Aug. 12, 2019, photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. Stocks of companies that do lots of business with China are obvious targets to sell when trade worries rise, and they’ve lagged sharply behind the rest of the market whenever President Donald Trump sends out a tariff tweet.

Ford's UAW deal proves workers can sometimes get what they want – and bosses should be worried

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UAW (United Auto Workers) members on the picket line while on strike against automakers at Chrysler Parts Depot
UAW members on the picket line.

Lev Radin/Getty Images

Ford, Hertz Pump Brakes on EV Plans, Reports Say

Gizmodo

As the years have ticked on, electric vehicles have become more and more accessible to the general public. However, some companies in the EV business are rethinking their investments in the tech.

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Ford pauses a $12 billion EV investment, after saying electric vehicles are too expensive

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Ford factory
Ford said that the pace of EV adoption has been slower than the company expected.

Lukas Schulze/Getty Images

Auto execs are coming clean: EVs aren't working

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General Motors CEO
General Motors CEO Mary Barra.

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50 new EVs are hitting the US soon. It's not clear if there are buyers for them.

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A row of vehicles each plugged into an electric vehicle charger.
Jaguar electric vehicles.

Jaguar

The UAW's blockbuster deal will see Ford workers' pay jump more in 4 years than all pay rises in the past 2 decades combined, the union says

Tech Insider
Factory workers and UAW union members form a picket line outside the Ford Motor Co. Kentucky Truck Plant in the early morning hours on October 14, 2023 in Louisville, Kentucky
UAW union members on the picket line outside a Ford plant.

Michael Swensen/Getty Images

UAW reaches tentative agreement with Ford to end strike

Tech Insider
Union members in red t-shirts carrying blue UAW signs stand on strike.
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29.

Bill Pugliano/Getty Images

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