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Sunak Delays UK Petrol Car Ban, Seeking Voter Support on Climate (Reuters)
Prime Minister Rishi Sunak watered down Britain's plans to tackle climate change on Wednesday, saying he would delay a ban on sales of new petrol cars to maintain the consent of the British people in the switch to net zero.
NADA | NADA Headlines
UAW Negotiator Says New Stellantis Offer Doesn’t Look Good (Bloomberg)
Stellantis NV’s new contract offer to the United Auto Workers lacks the job security guarantees the union wants, a negotiator said, suggesting workers will reject it days before a deadline to expand their historic strike.
NADA | NADA Headlines
UAW Strikes a Mercedes Parts Plant While Union Eyes More Targets (Bloomberg)
The United Auto Workers struck a plant that makes parts for Mercedes-Benz Group AG vehicles, as the union continued to weigh expanding the number of walk-out targets at Detroit’s automakers.
NADA | NADA Headlines
UAW Eyes Next Strike Targets as Parts Shortages Begin to Hit (Bloomberg)
The United Auto Workers weighed an expansion of its strikes against Detroit’s automakers on Tuesday, after union President Shawn Fain said more plants faced walkouts if carmakers didn’t sweeten their offers.
NADA | NADA Headlines
VW Workers Want Clarity on Profit Goals Ahead of Savings Push (Bloomberg)
Volkswagen AG’s powerful works council called on management to be more forthcoming about plans to boost profits as they head into negotiations over cost-cutting measures in the coming weeks.
NADA | NADA Headlines
NADA Celebrates Hispanic Heritage Month
Hispanic Americans are the largest minority group in the U.S., representing 19 percent of the population and projected to grow to one quarter of the U.S. by 2030.
NADA | NADA Headlines
Volvo to End Diesel Car Production by Early 2024 (Reuters)
Volvo Cars said on Tuesday that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker.
NADA | NADA Headlines
Mercedes CEO Pushes for Open Markets as China Tensions Grow (Bloomberg)
Mercedes-Benz Group AG’s top executive sees measures to decouple from China as a risk to healthy competition and global automotive supply chains.
NADA | NADA Headlines
In EV battle, Toyota Bets on New Technology and Old-School Thinking (Reuters)
At factories in Japan's industrial heartland, Toyota has turned to self-propelled assembly lines, massive die casting and even old-fashioned hand polishing as it aims to make up for lost ground in battery electric vehicles.
NADA | NADA Headlines
UAW Warns It Will Expand Strikes If No Serious Progress Is Made by Friday (Bloomberg)
The United Auto Workers said more of its members will go on strike at General Motors Co., Ford Motor Co. and Stellantis NV facilities starting at noon Friday unless substantial headway is made toward new labor contracts.