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

U.S. Space Force Monitors Satellites In Space’s ‘robotic Battlefield’

The New York Times reports that “at least 44,500 space objects currently orbit Earth,” including “9,000 active satellites and 19,000 pieces of significant debris.” There is. The article cites a threat assessment by U.S. Space Force Chief Sergeant Major Ron Larch. Rather than a swarm of satellites… Source: tech.slashdot.org

Stellantis Makes Acquisition Offer To Some U.S. Office Workers

Stellantis NV is offering buyout packages to 6,400 white-collar workers in the United States due to market conditions and the transition to electric vehicles. The offer was available to about half of the company’s 12,700 salaried employees, other than representatives of the United Auto Workers union. Source: www.detroitnews.com

Nissan Considering Electrified, Affordable Light Pickup Truck For U.S. Market

Nissan may bring an electric light-duty pickup truck to the United States, a new report says. This vehicle has two purposes. The first is to maintain Nissan’s truck portfolio as it exits the full-size market, and the second is to expand Nissan’s offerings in the truck space. Source: www.autoblog.com

Polestar 3 Development Is Nearly Complete, With U.S. Production Scheduled To Begin In The First Quarter Of 2024

The electric midsize SUV has just completed two weeks of extreme heat testing in the United Arab Emirates. The Polestar 3 electric midsize SUV was announced in October 2022, but its market debut is still many months away. Production of the Polestar 3 for the U.S. market is scheduled to begin in the first quarter of 2024 at Volvo Cars’ Read More