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General Motors tells Business Insider it's trying to cut the time to develop a new model to two years. Automakers are trying to make cars faster amid tariffs, EV stumbles, and competition from China.
American Axle dispute dates back to pay cuts during financial crisis.
Negotiations between a General Motors GM.N axle supplier and the United Auto Workers have not taken place since the union launched a strike against the company on Sunday, according to a local union negotiator.
Dozens of workers took to picket lines Monday morning at an axle plant in Michigan that supports production of General Motors trucks, some of the Detroit automaker's most popular and profitable vehicles.
Nearly 1,000 workers at a Michigan supplier plant that makes parts for GM pickup trucks went on strike Monday after not reaching a new contract deal. The United Auto Workers union on Monday confirmed workers at an axle and components plant in Three Rivers, Mich.
United Auto Workers President Shawn Fain on Sunday called for a strike at a Michigan factory that makes axles for General Motors pickup trucks, some of its most profitable vehicles.
American Axle's Michigan plant makes key parts for Chevy Silverado, GMC Sierra trucks.
General Motors (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
General Motors (GM) reported earnings 30 days ago. What's next for the stock?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.