BMW Group Announces $1.7 Billion Investment In Electric Vehicle Manufacturing In The U.S., Signs Agreement With Envision AESC To Supply Battery Cells To Spartanburg Plant

Spartanburg (USA)/Munich. The BMW Group continues to develop its electromobility plans with new investments in the United States to expand the Spartanburg plant and the company’s manufacturing footprint in the United States. Oliver, Chairman of the BMW Group Management Board… Source: www.press.bmwgroup.com

2023 Chrysler Pacifica Hybrid Receives Employee Price Agreement

Stellantis last week launched new all-employee pricing for the Chrysler Pacifica. While our analysis found that employee pricing on the Chrysler Pacifica can save buyers significant money, we also found some important drawbacks that could limit the green car’s appeal. Ta… Source: www.carsdirect.com

Nissan Motor Co. (NSANY) Increases Wages For U.S. Workers Following Agreement With UAW

Nissan NSANY announced wage increases for 9,000 U.S. factory workers after the United Auto Workers (“UAW”) reached a new contract with the Detroit Three. The 10% wage increase will be effective for production, maintenance, tool and mold technicians from January 8, 2024. Workers below the maximum salary level are also eligible… Source: finance.yahoo.com

Kia Motors Offers $599 Monthly Lease Agreement For New 2024 EV9 Electric SUV

Kia’s first three-row electric SUV is expected to hit dealerships in the next month or so. The new Kia EV9 has already signed its first lease, and it may turn out better than expected. Kia introduces 2024 EV9 lease agreement Kia’s new 2024 EV9 electric SUV is… Source: electrek.co

Under The New Agreement, Former GM Lordstown Employees Can Transfer To The Joint Venture’s Battery Facility.

General Motors employees who were laid off when the Lordstown assembly plant closed in 2019 are negotiating a new deal with the United Auto Workers union that will give former employees the opportunity to transfer to GM’s nearby joint venture battery plant in northeastern Ohio. Based on the agreement, there is a possibility that they will be able to return Read More