Ford says UAW strike cost company $1.7 billion in lost profits
Ford CFO John Lawler on Thursday revealed the automaker lost $1.7 billion in profits due to the United Auto Workers union's weekslong strike against the company.
GM authorizes $10 billion share repurchase to benefit shareholders following strike
General Motors wants to give its shareholders a bigger return in 2024, announcing a $10 billion accelerated share repurchase program now that the labor strikes have settled.
UAW workers at Ford and Stellantis ratify new labor contracts
Members of the United Auto Workers union voted to ratify new labor contracts with Ford and Stellantis that will boost wages and benefits while running through April 2028.
Subaru to raise US plant worker wages in light of UAW deals with Detroit automakers, CEO says
Subaru will raise the wages and benefits of its U.S. plant workers in light of the new labor deals finalized by the Detroit Three automakers, the Japanese automaker's CEO said Thursday.
UAW ratifies labor deal with General Motors
Members of the United Auto Workers (UAW) union at General Motors became the first of Detroit's Big Three automakers to ratify a new labor contract on Thursday.
GM's union workers divided on contract deal in early voting
As United Auto Workers members who work for Detroit's Big Three continue to cast their votes on whether to approve the union's deals with automakers, General Motors workers are divided.
Ford introducing in-vehicle customer feedback tool
Ford is bringing a new feature to its vehicles that enables people to give instantaneous feedback to the Michigan-based automaker. The company has called it "Record Feedback."
Elon Musk to visit India this week as fastest-growing economy seeks Tesla deal
Elon Musk tried to enter the Indian market in 2021 but pushed for a decrease in import taxes on electric vehicles, which the government initially resisted but now looks to implement.
Ford continues support for veteran-led Team Rubicon, sends volunteers to Florida for hurricane recovery
Ford Motor Company has continued to support Team Rubicon, most recently having volunteers help the veteran-led organization’s local disaster recovery efforts in Florida.
Ford puts nearly 188K Mustangs under recall in connection to brake fluid level indicator light
Ford has put some Mustang cars from model years 2020-2023 under recall, according to the National Highway Traffic Safety Administration (NHTSA).