Auto Workers Strike Officially Ends

United Auto Workers (UAW) members approved new contracts with all three of Detroit’s largest automakers. The results of the vote were closer than most observers expected, especially among General Motors (GM) employees. This likely means five years of stability for auto workers But formal ratification puts an end to further threats… Source: Kelley Blue Book

FTSE 100 Ends Three-day Losing Streak After Mixed Update

The FTSE 100 index ended 0.7% lower at 7,455.67 points after a third straight day of declines and mixed earnings and trading updates. “A lot of companies feel like they can’t meet market expectations, and that’s why we’re seeing huge stock price declines in one day,” said investor AJ Bell. Source: www.morningstar.com

Honda Ends Partnership With GM On Affordable Electric Vehicles – FutureCar.com

Author: FutureCar Staff Fans of cheap electric cars received disappointing news as Honda and General Motors canceled a planned partnership to launch a wide range of affordable electric vehicles. The joint project, announced in April 2022, aims to develop a new platform for low-cost EVs in North America, South America and China, with vehicle launches scheduled for 2027. But on Read More