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EU to impose tariffs up to 45% on EVs from China
Bloomberg News, Published on 04/10/2024
» LONDON - The European Union (EU) voted on Friday to impose tariffs as high as 45% on electric vehicles (EVs) from China in a move set to increase trade tensions with Beijing, according to people familiar with the process.
BMW urges Germany to vote against EU tariffs on Chinese-made EVs
Bloomberg News, Published on 02/10/2024
» MUNICH - Bayerische Motoren Werke Aktiengesellschaft (BMW AG) is pressing Berlin to vote against imposing significantly higher European Union (EU) tariffs on Chinese-made electric vehicles (EVs), joining other German carmakers that do not want to risk a spat with their most important market.
Workers at GM ratify contract in win for US auto union
AFP, Published on 17/11/2023
» NEW YORK - Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.
Ford estimates US strike impact at $1.3bn
AFP, Published on 27/10/2023
» NEW YORK - Ford on Thursday said the need to restore manufacturing operations outweighed the additional costs to sweeten a labour contract to end a strike that has cost it some US$1.3 billion.
US auto workers union reaches preliminary deal with Ford
AFP, Published on 26/10/2023
» NEW YORK - The auto workers union in the United States reached a tentative agreement with Ford late Wednesday, a breakthrough in a 41-day stoppage on Detroit's "Big Three" car manufacturers.