About 700 workers request buyouts at FCA minivan plant
Even with the buyouts, FCA might still have to eliminate about 1,000 jobs at the plant in Windsor, Canada, according to the union.
#OSNow PODCAST: DeSantis’ alarming airport comment, plan to rework Florida budget could violate constitution, and Universal’s new Jason Bourne show (Ep. 438)
Daily Orlando Sentinel Now podcast: DeSantis’ alarming airport comment, plan to rework Florida budget could violate constitution, and Universal Studios’ new Jason Bourne show.
Musk, Tesla board sued by Detroit pension fund for 'unrelenting avarice'
Tesla’s board members used their positions to “enrich themselves at the company’s expense,” lawyers for a Detroit pension fund said in the 78-page complaint. The fund isn’t the first Tesla investor to take issue with pay and incentives for Musk and other directors.
EV battery boom dims, for now
Demand for rechargeable batteries will decline for the first time this year, as sales of EVs —the biggest user — slump with novel coronavirus pummeling the auto industry, according to BloombergNEF forecasts.
Audi CEO to also lead R&D at brand
Markus Duesmann, who started as the automaker’s boss in April, takes over the role from Hans-Joachim Rothenpieler, who is leaving VW Group after 34 years.