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The Latest Breaking News from GM

Is Tesla Stock Overvalued? Here's What Experts Are Saying

While some analysts find Tesla stock overvalued, others see more upside ahead for the company. Here's how analyst opinion about the Elon Musk-run company stacks up against reality.

Barchart

UAW strike spreads to GM, Stellantis parts sites in Bolingbrook, Naperville

The union is pointing to the companies’ huge recent profits as it seeks wage increases of 36% over four years.

Chicago Sun-Times

Targeted auto strikes may spread to other states and cities as noon deadline set by union nears

It should soon become clear whether the strike by auto workers against Ford, General Motors and Stellantis is going to grow

The Independent UK

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During historic auto strike scaring Wall Street, Biden’s economic advisor says workers want a ‘fair slice’

Council of Economic Advisers Chair Jared Bernstein claims the UAW strike is actually a sign the economy is doing well.

Fortune

California just forced the corporate hand on Scope 3

Can companies measure their Scope 3 emissions? Yes, you can. If you try.

Fortune

UAW strike latest: GM sends 2,000 workers home in Kansas

General Motors had previously warned it would need to stop production at its Fairfax, Kansas, assembly plant, because it relied on parts that came from a Missouri plant that is currently on strike.

WEKU

General Motors (GM), Honda Motor (HMC), and Harley-Davidson (HOG) - Auto Stock Buy or Hold?

Amid increasing demand for automobiles, the swift shift toward Electric Vehicles (EVs) should offer enduring resilience for the automotive industry. Given this backdrop, let’s figure out if auto stocks like Harley-Davidson (HOG), General Motors (GM), and Honda Motor (HMC) are a buy or a hold. Read on….

StockNews.com

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Brown: Quality 11th F1 team will not dilute but add value

The FIA has received several entry requests to expand the grid beyond the current 10 teams.

Autosport

GM To Idle Plant That Makes Brightdrop Electric Vans Until Spring 2024

The production halt is caused by delays in the delivery of needed Ultium battery modules that power the BrightDrop Zevo 600 and Zevo 410 electric vans.

InsideEVs

Should You Buy or Sell This EV Stock Near All-Time Lows?

Lucid Motors stock just fell to a record intraday low in today's session, extending its lengthy underperformance on the charts. Despite the EV stock trading at a fraction of its all-time highs, it still does not look like a buy.

Barchart

As autoworkers' strike continues in US, Ford workers threaten walkout in Canada

Negotiations between the Canadian Unifor union – representing 5,700 workers – and carmaker Ford have been extended for another 24 hours after a prior labour contract expired at midnight on Monday. A strike could be on the cards if a deal is not found by then. Meanwhile, the US's major…

France 24

UAW has a unique strike strategy. It keeps Detroit Big 3 automakers guessing

For the first time, the UAW is on strike against the Big 3 U.S. automakers at once. Workers at three plants have been called out so far, with more to follow Friday if there's no progress on a deal.

WEKU

Musk and Tesla are the 'clear winners' of the Detroit auto strike. Analysts say Elon 'put champagne on ice' as he sees the ultimate EV victory

Analysts say Musk and Tesla are “clear winners” of the strike given the company’s non-union status that lets it continue to pump out cars while Detroit is shut down.

Fortune

General Motors CEO confronted over her own $29m salary amid UAW strike

Union argues wage rises haven’t matched company profits

The Independent UK

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Fortune

UAW strike offers leaders lessons on engaging workers in pay negotiations

Want to avoid a strike like the UAW’s? Include your workers in compensation decision-making.

InsideEVs

Chevrolet Equinox EV Government Images Emerge In China Ahead Of US Launch

The MIIT images show an RS-badged model that looks pretty much identical to the US-bound variant, sporting a closed front grille with integrated main beam lights and a rear diffuser.

The Independent UK

UAW justifies wage demands by pointing to CEO pay raises. So how high were they?

The United Auto Workers union has made CEO pay a central part of their argument for a big worker wage increase

The Independent UK

The auto workers strike will drive up car prices, but not right away -- unless consumers panic

If the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars — and not just the ones from Detroit

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WEKU

How the UAW strike could have ripple effects across the economy

There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected, among other factors.

WEKU

With unprecedented strike underway, auto workers want to 'play hardball'

Autoworkers' emotions — from excitement to fear and apprehension — are running high as the United Auto Workers launches an unprecedented strike against General Motors, Ford and Stellantis at once.

Fortune

The UAW’s Shawn Fain wants to wreck ‘the billionaire class’ as analysis reveals Ford, GM and Stellantis CEOs make at least 281 times their average employee

The UAW took aim at Ford’s Jim Farley for making $21 million last year, but the CEOs of GM and Stellantis actually make even more.

Fortune

Detroit’s striking auto workers want a 36% pay hike, mostly to cover inflation. Morgan Stanley thinks automakers can afford it

Detroit’s striking auto workers would need a 30% pay hike just to cover inflation, making their demand for a 36% raise seem "fair," one analyst said.

Barchart

UAW Strikes: Unusual Options Activity Suggests Investors Don’t Care

The United Auto Workers went on strike at midnight Friday. It is the first time the UAW has simultaneously walked out at all three of Detroit’s big automakers. The unusual options activity for the three automaker’s stocks suggests investors don’t care. That may change.

The Independent UK

Joe Biden says record auto profits should mean ‘record benefits’ as UAW launches historic Big 3 strike

Unprecedented worker actions mark first time that all three companies are targeted simultaneously

Barchart

Stock Index Futures Slide as Investors Look Ahead to Fed Decision, UAW Walkout in Focus

September S&P 500 futures (ESU23) are down -0.14%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.28% this morning as investors watched for fallout from a strike initiated by the United Auto Workers union, with the focus now shifting to the Federal Reserve’s interest-rate decision scheduled for next week.

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