Tesla representatives are set to meet India’s commerce minister this month to discuss plans to build a factory to produce what the company has described as a new $24,000 car, a person with direct knowledge of the matter told Reuters.
Plastic Omnium said revenue increased 35 percent through June, as the supplier anticipates price battles among automakers as they deal with a slowdown in EV orders, particularly in Europe. Net income fell 4 percent.
The Associated Press
NEW YORK (AP) — The clock is ticking. As the deadline to reach a new contract nears, a potential UPS strike feels closer than ever.
Negotiations broke down earlier this month and unionized workers have been holding rallies and practice pickets across the country. The Teamsters, which represent more than half of the company’s workforce, will resume talks with UPS on Tuesday.
That leaves less than a week to come to an agreement before the current contract expires at the end of the day on Monday, July 31. The union has authorized a strike and Sean M. O’Brien, a fiery leader elected last year to lead the union, has vowed to do so if their demands aren’t met.
“We’re sending a message… all 340,000 of our members are united and ready to fight,” O’Brien told The Associated Press at a practice picket Friday in Atlanta, where UPS is based.
UPS’s unionized workers still seethe about a contract they feel was forced on them in 2018, and say that the company delivers millions more packages every day than it did just five years ago. The Teamsters are calling for better pay, particularly for part-time employees, and improved working conditions.
The deal values ZF Chassis Modules at $1.11 billion and will allow the companies to expand their ranges of internal combustion engine and electric vehicle products.
Unifor President Lana Payne signaled that Canada’s auto union will take a different approach to this summer’s contract negotiations than the UAW in the U.S.