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

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

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

Las Vegas F1 Race Could Be In Chaos If Hotel Workers Go On Strike

I hope everyone has a great Friday! The weekend is fast approaching, and the first F1 race in Las Vegas in decades is fast approaching. There’s only one problem he has. Sure, there are a lot of real problems, but the biggest potential problem is the looming strike by hotel unions over race weekend. What other fun news can we Read More

Dakota Redux? Ram Promises Workers Another Truck

One deal that could end the auto industry’s longest strike since the 1970s is good for workers and truck fans alike. In addition to wage increases and new organizing power, the union won new trucks for Americans. The 46-day United Auto Workers (UAW) strike could end after the union reached a tentative agreement with unions. Source: Kelley Blue Book

Auto Workers Strike – What It Means For Car Buyers

Uupdate 10/24/2023 — The UAW has significantly raised the stakes of its ongoing strike twice in the past 24 hours. Yesterday, the union halted production of the Ram 1500. The Ram 1500 is the best-selling model manufactured by Stellantis and is his third best-selling car in America in most months. Today, the union laid off jobs at the factory that Read More