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Musk Warns Of `Enormous Challenges’ For Tesla Cybertruck Production And Pricing

Oct 30, 2023

Tesla’s long-delayed Cybertruck, its blocky version of a pickup truck, will finally be available in November though CEO Elon Musk cautioned investors to keep their sales expectations in check because of how difficult and costly it is to manufacture.

6 Innovative Startup Opportunities In Manufacturing

Oct 30, 2023

The manufacturing industry, traditionally associated with assembly lines and heavy machinery, is undergoing a remarkable transformation driven by innovative information-age startups.

Nikola Claws Back $165 Million From Disgraced Founder Trevor Milton

Oct 30, 2023

Nikola’s disgraced founder Trevor Milton is being forced to pay $165 million and interest back to the hydrogen and electric semi-truck maker after he made fraudulent claims that triggered a costly investigation and fine by the Securities and Exchange Commission.

GM to delay all-electric truck production at Michigan plant until late 2025

Oct 23, 2023

DETROIT – General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year to “better manage capital investments” and implement improvements in an effort to make the new EVs more profitable.

UAW says ‘more to be won’ despite record offers from automakers; declines to expand strikes

Oct 23, 2023

DETROIT – The United Auto Workers union believes there is “more to be won” in ongoing contract negotiations with the Detroit automakers following five weeks of labor strikes against the companies, UAW President Shawn Fain said Friday.

GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week

Oct 23, 2023

General Motors and Ford Motor report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union. And it’s a difficult balance.

Ford says it’s ‘at the limit’ of what it can offer UAW as strikes escalate

Oct 17, 2023

DETROIT – Ford Motor is “at the limit” of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday as contract negotiations continue for roughly 57,000 U.S. workers.

What to make of the UAW’s shifting strike tactics after the latest escalation

Oct 17, 2023

DETROIT – A shift in strategy by the United Auto Workers union this week has some analysts wondering if the parties are — perhaps, counterintuitively — getting closer to a deal.

In rare move, Ford executive chair calls on UAW to make a deal and end ‘acrimonious’ talks

Oct 17, 2023

DEARBORN, Mich. – Ford Motor Executive Chair Bill Ford on Monday warned that an ongoing strike by the United Auto Workers threatens the future livelihood of the company as well as the American automotive industry.

Ford to double F-150 hybrid pickup production as EV sales growth slows

Oct 13, 2023

DETROIT — Ford Motor plans to double production of a hybrid version of its F-150 pickup truck as the company grapples with slower-than-expected sales of its all-electric vehicles.

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