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No Substantive Progress Made in GM-UAW Contract Talks

No Substantive Progress Made in GM-UAW Contract Talks

The United Auto Workers strike against General Motors Co. is entering its third week with the two sides deadlocked in standoff about the key issues such as wages, health care and status of temporary workers. “We’re still in a holding pattern,” said one source familiar...
How Might a GM Strike Impact Customers?

How Might a GM Strike Impact Customers?

More than 49,000 United Auto Workers Union employees have walked off the job at General Motors facilities across the U.S., launching their first strike at the nation’s largest car company in a dozen years. With the talks complicated by factors including an ongoing...
Cox Automotive Invests $350M into EV Maker Rivian

Cox Automotive Invests $350M into EV Maker Rivian

Electric vehicle start-up Rivian has attracted a $350M million investment from Cox Automotive as sit prepares for the launch of production late next year. The investment by Cox, a global automotive services company based in Atlanta, Georgia, follows the $500 million...
Porsche Expands Stake in Battery-Supercar Maker Rimac

Porsche Expands Stake in Battery-Supercar Maker Rimac

Just days after publicly unveiling the Taycan, its first-ever battery sports car, Porsche said Friday it will increase its stake in Rimac Automobili to 15.5%. Rimac is a Croatian-based company best known for battery-electric supercars like the C_Two. But it has been...