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The Latest Breaking News from GM

Detroit automakers and auto workers remain far from a deal as end-of-day strike deadline approaches

With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit’s three automakers are far apart in contract talks and the union is preparing to strike

The Independent UK

The UAW unveils major plan if talks with Big 3 automakers fail: The 'stand up strike'

The United Auto Workers could strike at targeted auto plants before expanding the walkouts to additional locations if the union and the Detroit Three automakers fail to reach a new contract.

WEKU

Petition Calls On GM To Bring $30K Chevrolet Equinox EV To Market

An EV affordability petition started by the Electric Vehicle Association calls on GM to keep its promise that the Equinox EV will be priced "around $30,000."

InsideEVs

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Sky-high CEO pay is in focus as workers everywhere are demanding higher wages

As autoworkers' real wages fall, top executives at the Big Three carmakers continue to earn tens of millions of dollars each year — hundreds of times more than the median employee.

WEKU

UAW chief lays out plans for targeted strikes if auto talks stall

Dubbing them “stand-up strikes,” United Auto Workers President Shawn Fain said the work stoppages can be expanded depending on progress in negotiations with Detroit’s three major automakers.

Chicago Sun-Times

Global EV Sales In July 2023: Over 1.1 Million Plug-In Cars Sold

In July, global sales of plug-in electric cars exceeded one million units for the third consecutive time.

InsideEVs

‘Potential Nightmare’: Ford, GM Thrust In Difficult Situation That Could Benefit Tesla, Says Analyst

The potential strike by the United Auto Workers (UAW) union, which represents hourly workers at Detroit's big three automakers, could spell good news for Tesla Inc

Zenger

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Elon Musk and Tesla poised to benefit from ‘highly likely’ UAW strike against Detroit’s Big 3

Tesla, which has fought off organized labor, faces traditional automakers pushing aggressively into electric vehicles.

Fortune

Why the United Auto Workers union is poised to strike major US car makers this week

About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble

The Independent UK

Auto union rejects wage offers from Detroit companies with strike deadline 6 days away

The United Auto Workers union has rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees

The Independent UK

2024 Chevrolet Blazer EV Is Now Available To Order

Rather surprisingly, the rear-wheel drive version of the Blazer RS trim is more expensive than the AWD trim, starting at $61,790.

InsideEVs

Chevrolet Bolt EUV Charging Cords Recalled Over Electric Shock Risk

According to GM, “these charging cords contain incorrect software and may fail to discontinue charging if the ground connection is lost.”

InsideEVs

3 Top Self-Driving Car Stocks That Aren't Tesla

Self-driving autos are gaining traction, and several companies are testing their robotaxi fleets. From one old-school automaker to a specialized AI chip giant, here are three prime stocks to play the autonomous driving industry.

Barchart

UAW President Slams Ford, GM, Stellantis For Delay Tactics In Contract Talks, Raises Political Implications: ‘Our Members Are Fired Up’

The United Auto Workers (UAW) is currently engaged in high-stakes contract negotiations with Detroit’s major automakers, Ford Motor Co (NYSE:F) and Stellantis (NYSE:STLA)

Zenger

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Investors Business Daily

Strike A 'Potential Nightmare' For General Motors, Ford. Union Touts $825 Million War Chest

General Motors, Ford and Stellantis are officially on strike watch as the current contracts with the UAW are set to expire next week.

Investors Business Daily

Tesla Profit Margins Are Tumbling. TSLA Bulls Insist A Recovery Is Coming, And Soon.

Tesla profit margins have tumbled in 2023 due to price cuts. But bulls see a 2024 recovery. Tesla stock has doubled this year on that bet.

Investors Business Daily

IBD Live Q&A Summary, Stock Lists For Wednesday, Sept. 6, 2023

Welcome to IBD Live! This list of FAQs and useful links will speed your learning curve. The Ready List contains top stocks that meet our fundamental and technical screening criteria that are in or near actionable buy areas. However, IBD Live participants should analyze the chart action to determine the…

Fortune

A UAW strike at Detroit’s Big 3 could be a ‘nightmare scenario’ for Ford and GM, top analyst Dan Ives warns

“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.

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Barchart

Forget VinFast: 2 EV Stocks to Consider Instead

VinFast stock has pulled back sharply off its peak, and more downside looks likely as the meme trade unwinds. Rivian and Xpeng Motors are 2 EV stocks that offer a much better risk-reward ratio for investors.

Chicago Sun-Times

UAW’s clash with Detroit Three automakers shows off a more confrontational union as strike deadline looms

The United Auto Workers current contract with Ford, GM and Stellantis ends Sept. 14. Workers on Labor Day say the gulf between union demands and the automakers’ position mean a strike is likely.

The Independent UK

UAW's clash with Big 3 automakers shows off a more confrontational union as strike deadline looms

A 46% pay raise

InsideEVs

Report: GMC Hummer EV Production Significantly Improved

It seems that GMC is finally significantly increasing production of its all-electric duo - the GMC Hummer EV Pickup and GMC Hummer EV SUV.

Barchart

Tesla Stock Forecast: The Good, the Bad, and the Ugly

Tesla is among the most fascinating yet controversial and polarizing companies, with an army of lovers and haters. Here's a look at all of the good, bad, and ugly aspects of the Elon Musk-run company.

StockNews.com

General Motors (GM) vs. Stellantis N.V. (STLA): Which Auto Stock to Set to Take Stage in September?

The auto industry is poised for long-term growth, supported by the rising demand for personal and commercial vehicles and the growing global transition to EVs. While leading auto stocks General Motors (GM) and Stellantis (STLA) should benefit from the industry tailwinds, let us determine which auto stock is set to…

The Conversation

United Auto Workers strike – if it happens – should channel the legacy of Walter Reuther, who led the union at the peak of its power

The United Auto Workers are engaged in high-stakes labor negotiations that could lead to the union’s first simultaneous strike against all of Detroit’s Big Three automakers: General Motors, Ford and Stellantis, the company that owns Chrysler.

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