UAW Gambles on Casino Workers
The Hartford Courant reports that the United Auto Workers (UAW) has filed a petition with the National Labor Relations Board to hold a union vote at Foxwo…
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Union-controlled Health Care VEBA a License to Steal?
TTAC's best and brightest were not slow off the mark on this one: GM's plan to put $50b into the hands of the United Auto Workers for a union-controlled heal…
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Soldiers of Solidarity Reject UAW Health Care VEBA
In spite of UAW president Ron Gettelfinger's publicly stated confidence in his members' support for the new GM contract proposal, some of his union brothers…
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Detroit Free Press: New Contract Will Save The Big 2.8
Detroit Free Press writers Katie Merx and Tim Higgns have reached new heights of hyperbole. After boldly proclaiming "A new U.S. auto industry emerges" beca…
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UAW Strike To Shut Down Canadian Production
While the Canadian Auto Workers (CAW) haven't greeted the United Auto Workers (UAW) action against GM with a sympathy strike, their plants are just hours awa…
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GM Signs $800m China Deal in the Midst of UAW Strike
On the same day that the United Auto Workers (UAW) decided to strike GM, the automaker has announced it's ramping-up its US to China exports by $800m. The Ec…
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The UAW Takes Stock
The UAW could become a major player in the stock market. CNNMoney speculates if the union-administered VEBA health care superfund proposed by The Big 2.8 com…
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UAW: Greed is Good
The Detroit News reports that a "substantial signing bonus" could seal the deal on the new UAW contract with GM. The bribe bonus would be "something they…
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GM – UAW Talks Breaking Down. Or Not.
The New York Times (NYT) is reporting that contract negotiations between the United Auto Workers (UAW) and GM "appeared on the verge of collapse Sunday nigh…
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UAW Health Care Fund Would Fund UAW Health Care Fund
Unlike enlightened TTAC readers, your average Wall Street type believes that The Big 2.8's survival recovery hinges on transferring their health care liabi…
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UAW to Retirees: "Read My Lips: No New Healthcare Costs"
As the UAW contract negotiations heat up, so does the rhetoric. The Detroit News quotes UAW vice-president Cal Rapson on retiree health care costs: "I can te…
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Chrysler Commencing Corporate Clearance
Chrysler is about to follow Ford and GM's lead and perform an asset-selling cash grab. According to The Wall Street Journal, Chrysler would "like" to sell it…
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Ford and GM Threaten to Walk Away From US; Union May Strike. Or Not.
It's a media truism: when the principles are tight-lipped about a big story, speculate away! Case in point: The UK's Observer quotes unnamed inside sources w…
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UAW – Big 2.8 Negotiations: No News is No News
It's been three weeks since The Big 2.8 automakers began negotiations with The United Auto Workers (UAW). So far, neither side has said word one about their…
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GM Canada Rejects CAW's Parking Plan
General Motors has rejected a request by the Canadian Autoworkers Union (CAW) to force employees who don't drive a GM-manufactured vehicle to pay a $100 per…
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Unions: Force Employers to Bargain
When the going gets tough, the unions file lawsuits. Yesterday, seven unions including the UAW asked the National Labor Relations Board (NLRB) to order emplo…
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UAW Targets Honda
As union membership at The Big 2.8 continues to dwindle, the UAW is making a full-court press on the transplants. They've already launched an attack on Toy…
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Jobs Bank Grows as Jobs Dwindle
The jobs bank at GM's Lordstown, Ohio metal stamping plant is about to receive a deposit. The Warren, Ohio Tribune Chronicle reports that about 20 workers wi…
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Veteran Saturn Workers Lose Their Alpha Status
According to the Detroit Free Press, back in '96, GM workers moving to Saturn's Spring Hill, Tennessee factory agreed to give up their seniority. As part of…
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UAW Goes After Bloggers
In a move somewhat akin to herding ADHD cats, the UAW is making a move to unionize bloggers. USA Today quotes Gerry Colby, president of the National Writers…
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Temps File Suit Over UAW/Chrysler Agreement
Even as United Auto Workers (UAW) contract negotiations are underway with The Big 2.8, 13 News reports almost 100 temp employees at Chrysler's Belvidere, Ill…
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Caterpillar Squirms Under Retirees' Lawsuit
Caterpillar's retired United Auto Workers (UAW) members are suing the company for cuts in health coverage their union approved. In return, Caterpillar is sui…
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Autoworkers Demand Tripled Pay
The Big 2.8 should consider themselves lucky in their current UAW negotiations if the union just wants keep what they have and not give anything back. The Mo…
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Delphi Not a Done Deal
We've said it before: The Big 2.8 are on such shaky ground that it wouldn't take much to tip one or more into bankruptcy. While it's easy to focus on the big…
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Pelosi's CAFE Crusade Bites the Hands of UAW, Big Oil
Right after taking control of the House of Representatives, Speaker of the House Nancy Pelosi formed a panel to look into global warming. Now she's locked in…
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The Value of a Higher Education?
Quick! Which will earn you more: a doctorate in physics and a professorship at a university, or a high school diploma and a job with Chrysler? It doesn&rsquo…
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  • Wolfwagen The last couple of foreign vehicle manufacturers that tried breaking into the U.S. Mainstream Vehicle Market had a very hard time and 1. Couldn't get past the EPA regulation side (Mahindra) or 2. had a substandard product (Vinfast).
  • Midori Mayari I live in a South American country where that is already the case; Chinese brands essentially own the EV market here, and other companies seem unable to crack it even when they offer deep enough discounts that their offerings become cheaper than the Chinese ones (as Renault found when it discounted its cheapest EV to be about 15% cheaper than the BYD Seagull/Dolphin Mini and it still sold almost nothing).What's more, the arrival of the Chinese EVs seem to have turbocharged the EV transition; we went from less than 1% monthly EV market share to about 5% in the span of a year, and it's still growing. And if — as predicted — Chinese EV makers lower their production costs to be lower than those of regular ICE cars in the next few years, they could undercut equivalent ICE car prices with EVs and take most of the car market by storm. After all, a pretty sizeable number of car owners here have a garage where they could charge, and with local fuel and electricity prices charging at home reduces fuel costs by over 80% compared with an ICE car.
  • FreedMike So...Tesla does no marketing except to justify Elon Musk's pay. Mmmmmkay...
  • Daniel J [list=1][*]Would we care if this was Mexico or India? No. The problem is China and it's government.[/*][*]Tariffs are used to some degree to prop up American companies. Yes, things are going to be more expensive, but we already have significant Japanese, S. Korean, and German competition. [/*][*]After years on this website, people still can't wrap their heads around two opposing forces: High Prices and High Wages. Everyone on here is applauding the high wages mandated by unions but complain at the very same time that the cars aren't cheaper. No amount of corporate pay slashing will give you both. "Oh, but I could run the company better". GFL. Go start your own company.[/*][/list=1]
  • SCE to AUX Sports teams pay mediocre players millions, and great players tens of millions. Same thing in the movie industry.People object to these figures, but then line up to buy tickets.I don't see a difference here. The Tesla BoD wouldn't try this outrage if the company was doing poorly. However, consumers might recoil when they hear about it - or not.