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Due to the difficult working conditions in the auto production plants, auto workers began to seek representation to help improve conditions and ensure fair pay. The United Automobile Workers union won recognition from GM and Chrysler in 1937, and Ford in 1941. In 1950, the automakers granted workers a company-paid pension to those 65 years old ...
We will invest fifteen billion dollars in technologies like ... more efficient cars and trucks built right here in America. As for auto industry, everyone recognizes that years of bad decision-making and global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.
Over the past few weeks, a strike by the United Auto Workers (UAW) union at America’s Big Three manufacturers, Ford, GM, and Stellantis, has captivated headlines.Even though economists say “a ...
SelectUSA Investment Summit is a U.S. federal government program founded in 2007 that was aimed at promoting foreign direct investment into the United States, facilitating job creation and economic development. It coordinates investment resources across the federal government and through the U.S. Commercial Service network in over 70 foreign ...
The first car dealer ever elected to the U.S. Senate says the Trump agenda for the U.S. auto industry is one that, if enacted, would upend the strategy Detroit's automakers have spent billions of ...
“Under my plan, we will invest in the industries that built America, like steel, iron and the great American auto industry,” the Democratic nominee said. “And we will ensure that the next ...
The U.S. auto industry was profitable in every year since 1955, except those years following U.S. recessions and involvement in wars. U.S. auto industry profits suffered from 1971 to 1973 during the Vietnam War, during the recession in the late 1970s which impacted auto industry profits from 1981 to 1983, during and after the Gulf War when ...
In advance of the North American International Auto Show (NAIAS) that began today, Volkswagen AG announced that it plans to invest more than $7 billion in North America over the next five years as ...