UAW President: Relationship with Stellantis 'fractured' after idling of Belvidere Assembly
Shawn Fain said “everything is on the table” in contract negotiations later this year as the union plans to fight for higher wages and better benefits.
Shawn Fain said “everything is on the table” in contract negotiations later this year as the union plans to fight for higher wages and better benefits.
Some analysts and investors worry that Tesla’s industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving software.
A West Coast auto retailer bought and sold dealerships, a dealer acquired his first Ford store, a group grew to three stores and two brothers expanded their holdings, all in transactions that closed in the second and fourth quarters of 2022 and the first quarter this year.
The EV maker will carry out powertrain development for the Polestar 5, a Tesla Model S rival, and the Polestar 6 roadster in Trollhattan, Sweden.
The Stellantis brand, which was hampered by a lineup that grew stale over the past decade, is looking to rebound by offering a broader selection of powertrains and more utility vehicles.