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Temporary Workers at the Centre of Negotiations Between General Motors (NYSE:GM) and UAW

The United Auto Workers’ strike against General Motors (NYSE:GM) has entered its 10th day with several issues under consideration. But the parties are arguing most about on point, which is the use of temporary employees. Differences in compensation for Temporary workers The temporary workers are at the center of negotiation between the company and the […]

UAW Initiates Work Stoppage amid Breakdown of Negotiations with General Motors (NYSE:GM)

On Sunday night, the United Auto Workers union initiated a strike against General Motors (NYSE:GM). Approximately 46,000 workers at over 50 GM facilities downed their tools for the first time in 12 years. Notably, the work stoppage came into effect after UAW and GM failed to agree on a new labor deal. Putting profits ahead […]

General Motors Company (NYSE:GM) To Recall 3.4 Million SUVs and Pickups with Brake Problems

General Motors Company (NYSE:GM) is recalling 3.4 million SUVs and pickup trucks in the US to fix a brake issue. GM recalls vehicles to fix a brake problem The company is recalling the Chevrolet Silverado and GMC Sierra 1500. This also includes 2500 and 3500 pickup trucks from 2014 through 2018 models years. The recall […]

Ford Motor Company (NYSE:F) Signals A Pick In US Auto Demand

Ford Motor Company (NYSE:F) has reported that the July sales in US fell compared to the same month and time last year. The results for the Fiat Chrysler Automobiles NV (NYSE:FCAU) were weaker, and the same results also applied to Nissan. This is evident that the automobile demand in the US might be falling or […]

Ford Motor Company (NYSE:F) Falcon Ute Shuts Its Production Operations In Australia

Ford Motor Company (NYSE:F) will be closing its Australian doors by the end of 2016 having rolled out its last unit of a two-door coupe utility vehicle on July 29 in Melbourne. Hostile manufacturing costs, weak sales, as well as losses of AUD$141 million and AUD$290 million, are some of the quoted factors that are […]

UAW Chooses Fiat Chrysler Automobiles NV (NYSE:FCAU) For Negotiations

The United Auto Workers (UAW) has chosen Fiat Chrysler Automobiles NV (NYSE:FCAU) for negotiating a new labor agreement. The move came as a surprise as Fiat Chrysler is the smallest of the three auto makers in Detroit. The move also dodges the union’s tradition of negotiating with the strongest company to extract the best terms […]

General Motors Company (NYSE:GM) Reports Higher Growth In U.S. Compared To China In First Half

General Motors Company (NYSE:GM) reported Higher margins in the USA than China in light of the slowing Chinese economy in the first half of the year. The company had earlier posted low sales margins in the Chinese market owing to the slowed economy. China has been the biggest market for the company. Most customers had […]

General Motors Company (NYSE:GM) Setting The Stage For Announcement Of Navistar Partnership For Commercial Trucks

Analysts believe that General Motors Company (NYSE:GM) about to announce a commercial truck partnership with Navistar International. The Automotive manufacturer recently announced a partnership with ISUZU MOTORS LTD ADR (OTCMKTS:ISUZY) where the two will work together to develop new-generation cab over medium-duty truck. Sources believe that the partnership with Navistar will also focus on the […]

Pick Ford Motor Company (NYSE:F), Drop General Motors Company (NYSE:GM): Goldman Sachs Group Inc (NYSE:GS)

Ford Motor Company (NYSE:F) has been doing well since it introduced new truck line some time back. Its continuous good performance has prompted Goldman Sachs Group Inc (NYSE:GS) to place it in ‘Hot Stock’ list. At the same time, GS believes that the momentum of General Motors Company (NYSE:GM) is slowing down with time; hence, […]

General Motors Company (NYSE:GM) Chevrolet Volt To Launch Upgrade Soon Amid Troubled Environment

Chevrolet Volt from the General Motors Company (NYSE:GM) may be a compact car, but its road ahead is complex. It is facing a tough time and struggling to maintain a position in the auto market. The condition has worsened ever since the rival Tesla Motors Inc (NASDAQ:TSLA) launched Model S. Volt, and Model S have […]

General Motors Company (NYSE:GM) Unveils Sixth Generation Chevrolet Camaro

General Motors Company (NYSE:GM) has introduced the sixth generation Camaro in the U.S. in its latest fight against the muscle cars in the Detroit that benefit from cheaper oil. The latest debut follows the official launch of its competitor Ford Motor Company (NYSE:F)’s Mustang Sports Car. Fiat Chrysler Automobiles NV (NYSE:FCAU)’s Dodge Challenger, Ford’s Mustang […]

General Motors Company (NYSE:GM) plans $1 billion makeover for venerated Warren Tech Center

General Motors Company (NYSE:GM) has set aside $1 billion to renovate the old Warren Tech Center, which was the company’s design and engineering hub. The Warren Center was once famed as one of the most glorious and admirable landmarks for automobile technology. It contributed largely to some of the modern automotive technology in existence today. […]

General Motors Company (NYSE:GM) Embraces Retail Sales Reporting In China

General Motors Company (NYSE:GM) has adopted a retail sales strategy in an attempt to adapt to the changing Chinese market. The renowned automobile maker is now the most recent foreign vehicle provider in China to initiate retail sales rather than wholesale deals. The Chinese market happens to be the biggest automotive market, but the country’s […]

General Motors Company (NYSE:GM) China Sales Fall In April

General Motors Company (NYSE:GM) reported a drop in sales in the company’s division in China. This is as a result of a drop in the demand for the company’s Chevrolet and Buick brands. In total, General Motors and all its partners sold 258,484 automobiles in the Chinese market. The automotive began reporting retail measures from […]

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