automotive industry
“Auto Worker Salary Increases Won’t Raise Car Prices, Say Consumers | Giga Gears”
In the recently ratified new contracts with the Big Three automakers, United Auto Workers members ensured they will receive a minimum 25 percent wage increase over the next four and a half years, plus the reinstatement of long-suspended cost-of-living adjustments to keep up with inflation. Today 145,000 autoworkers…
“Suppliers Advocate for Increased Immigration to Address Labor Shortage | Giga Gears”
Good morning! It’s Friday, November 17, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
“Ford, Stellantis, and GM Workers Approve New UAW Contract | Giga Gears”
United Auto Workers union members at Stellantis and Ford have now joined General Motors workers in ratifying the labor agreement between the union and the Big Three automakers this week. The vote marks the end of the labor dispute between the two parties that resulted in a six-week-long strike earlier this year.
Mexico: China’s Trojan Horse in the EV Dominance War Against the US | Giga Gears
The U.S. and China are in a power struggle right now, and its outcome is going to reorganize the roles both countries play in global automotive production. The U.S. wants to be more independent from China for its EV production, but China is not going to cede its dominance. In fact, China plans to increase its…
U.S.-Mexico Border Congestion Hurts Automotive Industry | Giga Gears
A new wave of migrants from Central and South America looking to escape grave issues in their home countries are reportedly leading to logistical tangles for the automotive industry at the U.S.-Mexico border.