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AUTOMAKERS STRIKE
Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
Market wrap: Sensex falls 250 points, Nifty closes below 23,900 on monthly expiry dayIndian equities ended lower for the second straight session as benchmarks slipped on expiry-day volatility, though broader markets advanced...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Hyundai Motor's South Korean union approves strike action over stalled wage talksHyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from u...
Renault teams up with Thales to boost France's drone productionRenault will manufacture military drones for Thales. Production of 1,000 units monthly is set to begin next year. This partnership aims to ...
Poland teams up with Foxconn to build EVs: PM TuskPoland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year....
Maruti, Tata lead hatchback revival as India's carmakers rediscover the mass marketIndian carmakers are rediscovering the hatchback. For years, SUVs dominated sales. Now, rising prices and economic challenges mean small ca...
South Korean shares end 8% higher as Samsung hits record on pay dealSouth Korean shares surged 8% on Thursday, led by Samsung Electronics reaching a record high after a labor deal averted a strike, easing ec...
China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
SpaceX ties Musk compensation to Mars colonisation goalSpaceX's board has approved a compensation plan for Elon Musk. This plan includes rewards for colonising Mars and establishing data centres...
Musk’s pay goes interplanetary as SpaceX links compensation to Mars goalSpaceX's board has approved a groundbreaking pay package for founder Elon Musk. This plan links his compensation to extraordinary future ac...
7-seater EV race heats up as VinFast, Mahindra & Mahindra, BYD, JSW MG, Kia target big families in IndiaThe electric vehicle revolution in India is not just about getting from point A to B; it’s now about enhancing family journeys. With the em...
Ford temporarily lays off 300 more US workers due to strikeThe strike against the so-called "Big Three" car manufacturers -- Ford, Stellantis and General Motors -- began on September 15 when a previ...
United Autoworkers strikes spread to Chicago and Lansing as 7,000 more workers join the picket lineIn the past the union had picked one company as a potential strike target and reached a contract agreement with that company that would ser...
UAW strike: Ford temporarily lays off 600 employees, GM to ‘idle 2000 workers’, Union responds amid negotiationsThe United Auto Workers (UAW) strike against General Motors (GM), Ford, and Stellantis, collectively known as the Big Three automakers, has...
Around 13,000 Auto workers strike after talks with Detroit automakers fail: What's at stake for peopleUnited Auto Workers have initiated a series of strikes following the failure of their union to reach an agreement with the three largest U....
About 13,000 workers go on strike seeking better wages and benefits from Detroit’s three automakersThe strike is the first time in the union's history that all three companies have been affected simultaneously. The demands of the UAW incl...
UAW Chief rejects offers from Detroit Companies, calls it ‘inadequate’ — Will the auto strikes begin from September 15On Wednesday, the United Auto Workers unveiled a plan to initiate a series of strikes directed at specific U.S. auto plants. This marks the...
Will US face the biggest auto strikes from September 15? Understanding the demands of United Auto WorkersThe United Auto Workers union is considering the possibility of initiating strikes at specific automotive plants if new contracts cannot be...