Ford (F) pushes Explorer EV launch date in Cologne

Biden calls on automakers and union to come together on 'a fair agreement'

With just a month remaining until the expiration of contracts, Detroits Big Three and the United Auto Workers (UAW) union are still at odds, struggling to reach a mutual understanding. On Monday, U.S. President Joe Biden urged both the automotive union and the corporations they are associated with to come together on an agreement soon.

"Im asking all sides to work together to forge a fair agreement," Biden... More

Ford (F) hires former Apple (AAPL) exec to lead new business unit

Ford Motor (NYSE: F) announced Monday the appointment of former Apple executive, Peter Stern to head a recently established division dedicated to developing consumer software and the advancement of hands-free highway driving technology.

Stern, who most recently served as vice president of services at Apple, overseeing Apple TV+, iCloud and Apple News+, will... More

Shares of Ford (F) and GM (GM) strained as UAW strike becomes more likely

Although theres not a lot of details surrounding the ongoing UAW negotiations, Citi believes the recent ups and downs in GM (NYSE: GM) and Ford's (NYSE: F) stock prices might be aggravated by worries that there could be a strike. The chance of a strike happening seems to be getting higher, but the stock market sees it as something uncertain. Looking at how negotiations went before, Citi doesnt believe the news right now is good enough... More

Illinois EPA announces funding dates for next round of EV rebates

The Illinois Environmental Protection Agency (EPA) announced Thursday that the upcoming funding phase for the Electric Vehicle (EV) Rebate Program in Illinois will begin on Wednesday, November 1, 2023, and conclude on Wednesday, January 31, 2024.

Those who buy a new or used all-electric vehicle from a licensed dealer in Illinois, fulfill all... More

Ford Motor (F) option implied volatility low into their current union contracts end in September.

Ford Motor (NYSE: F) 30-day option implied volatility is at 28; compared to its 52-week range of 27 to 588 into their current union contracts end in September.

Ford Motor (F) option IV into current union contracts end in September

Ford Motor (NYSE: F) 30-day option implied volatility is at 29; compared to its 52-week range of 27 to 588 into their current union contracts end in September.

'The clock is ticking', UAW calls Stellantis (STLA) contract 'trash'

UAW union President Shawn Fain angrily discarded contract offers from Stellantis (STLA) Tuesday as he discussed the extensive concessions that the Chrysler parent company is aiming to secure during their negotiations over labor matters.

Fain called the proposals a slap in the face during an online chat meeting, revealing that the company is suggesting reductions in health-care benefits, a decrease in vacation days for new employees,... More