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UAW Kicks Off Negotiations with Ford Talking Tough

UAW Kicks Off Negotiations with Ford Talking Tough

The United Auto Workers kicked off 2019 labor negotiations with the union taking a hard line, reminding officials from the Ford Motor Co. that automakers they have enjoyed a period of prosperity and a restless union membership is looking for its share in the new...
Toyota Preparing to Invest $398M in Texas Truck Plant

Toyota Preparing to Invest $398M in Texas Truck Plant

Just a few days after it was revealed that Toyota Motor Corp. would convert its $1.6 billion Alabama plant to SUV production from car production, the company is reportedly planning to spend as much as $398 million to optimize its San Antonio truck plant. The plant,...
Toyota, Denso Sign Deal to Develop New Semiconductors

Toyota, Denso Sign Deal to Develop New Semiconductors

Toyota Motor Corp. and Denso Corp. are planning to establish a joint venture for research and advanced development of next-generation, in-vehicle semiconductors. The two companies will study the details and aim to establish the new company in April 2020, the pair...
FCA Spending $788M to Build 500 BEV in Italy

FCA Spending $788M to Build 500 BEV in Italy

Fiat Chrysler had planned to leverage its new partner, Renault, to bring its electric vehicle program up to speed; however, with that deal basically dead, it plans to invest nearly $800 million in a battery-electric Fiat 500. Pietro Gorlier, chief operating officer...