#FactoryNews
Southern Unionization Remains An Uphill Battle As Governors Caution Against UAW
With the United Automobile, Aerospace and Agricultural Implement Workers of America International Union (UAW) seeking to expand in the Southern United States, Republican governors have started to condemn the action on the grounds that it would be detrimental to the economy. Governors in Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas released a joint statement against the UAW shortly before Volkswagen workers in Chattanooga, Tennessee, were supposed to begin voting on whether or not to unionize.
Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife
Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. Meanwhile, the automaker's unwillingness to renegotiate contracts with suppliers had created additional tension with its business partners.
UAW Announces Volkswagen Workers Filing for Unionization Vote in Tennessee
Volkswagen employees in Chattanooga, TN, have filed a petition with the National Labor Relations Board for a vote to join the UAW. Clearly pleased, the union shared this world with the news on Monday to be accompanied by the requisite media agitprop.
This will be the first time a non-union automotive plant has filed for a union election in quite some time. The UAW called it a “grassroots effort” following the UAW’s previous contract negotiations with Ford, General Motors, and Stellantis.
Report: U.S. Prepping $540 Million for SK Group Semiconductor Factory in Michigan
The United States Department of Energy has confirmed plans to loan $544 million to South Korean tech conglomerate SK Group under the conditions it be used to expand semiconductor production in the Midwest. Finances have been earmarked for a facility operated by subsidiary SK Siltron CSS to expand a plant located in Bay City, Michigan, which had previously expressed plans to build more chips.
Report: BYD Plotting New EV Factory in Mexico
China’s BYD is reportedly prepared to set up a new production facility in Mexico with the alleged plan to use the locale as an export hub for the United States.
Mexico has long been a convenient venue for automakers vying to sell products within the Western Hemisphere without having to pay the kind of salaries commensurate with higher living standards. American brands love sending jobs to Mexico, as does every other company interested in moving high volume models through North and South America. With BYD having previously voiced its global aspirations, setting up shop in El Águila Real seems like an obvious play.
Report: Honda Considers Building New EV Factory in Canada
The Honda Motor Company has reportedly been going over prospective plans to build a $13.83 billion facility in Canada that would focus on the production of electric vehicles. Japan's Nikkei news group broke the story over the weekend, suggesting the site could include on-site battery production that would help the manufacturer with regional content requirements tied to U.S. incentives.
Ford Scales Back Michigan Battery Plant Investments
Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. But the company has also announced that it would be “re-timing and resizing some investments.”
Hyundai Workers Also Slated for Pay Raise
With Honda having followed Toyota in offering employee raises in the wake of the United Auto Workers (UAW) appearing to have settled contract negotiations in Detroit, the rest of the industry appears to have set off a Domino Rally of wage increases. Hyundai is now offering manufacturing workers more than they were making last year and has promised to bump pay by 25 percent through 2028.
Lordstown Motors Goes Bust
On Tuesday, Lordstown Motors Corp. (LMC) officially filed for bankruptcy and sued Foxconn. Though the writing was already on the wall for the Ohio-based electric vehicle manufacturer. Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. This seems to have encouraged the Hon Hai Technology Group/Foxconn to back out of its strategic partnership.
But it’s not bad news for everybody. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. You might remember him as the executive who abruptly quit the company without explanation shortly after LMC's stock valuation slammed into the pavement.
Toyota Makes Big Claims About EV Development Scheme
While Toyota Motor Corp is known for casting a wide net and acting cautiously, it recently made some fairly lofty statements about its strategy regarding all-electric vehicles. Despite the brand offering the humble bZ4X as its singular EV on the North American market, Toyota is suggesting subsequent models driving ranges that model would envy.
Ford Reopens Cologne Facility as EV Plant
On Monday, Ford Motor Co. opened the Cologne Electric Vehicle Center in Germany. Founded in 1930, the facility first produced examples of the Model A intended for the European market. Though the site is probably more famous for manufacturing the Ford Capri and every single generation of the humble Fiesta.
The factory has more recently been the recipient of a $2 billion investment to prepare it for the automaker’s push into electrification. With retooling having concluded, Ford says the plant should boast an annual production capacity of 250,000 electric vehicles.
Toyota Confirms Kentucky Plant for First Domestic EV
On Wednesday, Toyota Motor Corp. confirmed that its first U.S.-made all-electric vehicle will be assembled in Kentucky starting in 2025. The Georgetown facility is the automaker’s largest in the world and will be incorporating a three-row EV into its production lines once Toyota’s battery plant in North Carolina is completed.
Report: Ohio Court Orders Limited UAW Picketing
A little over a week ago, a few hundred workers went on strike at the Clarios battery plant in Holland, Ohio, over failed labor negotiations. While picketing is standard practice for UAW members dissatisfied with their contracts, the Lucas County Court of Common Pleas issued the restraining order on Friday to prevent striking workers from disrupting business operations and creating an allegedly unsafe environment.
Polestar to Utilize Former Saab Plant as European R&D Facility
Polestar is reportedly taking over Saab's defunct plant in Sweden to expand upon its European research and development operations. The 15,000-square-meter building, located in Trollhattan, is said to be focusing on the brand’s powertrain development.
Believe It or Not: Lordstown Motors Resumes Production
The Ohio-based Lordstown Motors has reportedly resumed assembly and delivery of its all-electric Endurance pickup this month, after having to pause production in February to address quality concerns.
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