Michigan automakers donating to help Ukrainians fleeing violence
The Big Three Detroit automakers are supporting relief efforts in Ukraine. General Motors, Ford Motor Company and Stellantis, the parent company for Chrysler, each said this week they will donate to support Ukrainians who have been displaced by the Russian invasion.mlive.com
GM hourly workers expected to get up to $9K profit sharing check
The year 2020 was hard, but GM left the year with impressive earnings, beating Wall Street expectations. GM made nearly $4 billion in the last quarter of 2020 and $10 billion for the entire year. Ad“It’s been absolutely remarkable how the auto industry has rebounded and how well GM has done through this,” Krebs said. READ: GM 2020 profit drops, but it makes $6.43B despite pandemicThough things looked bleak in Spring 2020, in looking at the numbers, Krebs said GM couldn’t have timed its product roll outs any better. “Everybody’s buying SUV’s and trucks and guess what, GM introduced a whole family of full size SUV’s,” Krebs said.
Despite COVID pandemic, GM bounces back with strong 4Q profit
DETROIT – GM’s strong-fourth quarter profit could mean good news for the automaker’s employees. 2020 was a hard year, but GM left the year with impressive earnings, beating Wall Street expectations. READ: GM 2020 profit drops, but it makes $6.43B despite pandemicThe automaker made $9.7 billion for the year -- $3.7 in the fourth quarter. AdIn 2018, UAW members received $10,750. The coronavirus pandemic shut down GM production for a few months, which is why Autotrader analyst and Cox Automotive automotive relations director Michelle Krebs is so impresses with what the company has accomplished.
Big Three expected to have 100 electric vehicles on the road within 5 years
Ford Motor Company and GM have recently announced major plans and shown what they intend to do with electric vehicle manufacturing. But that doesn’t mean the internal combustion engine is going the way of the buggy whip. GM is ready to give the Hummer a new life as an electric SUV, Cadillac will build its luxury Lyriq SUV as an electric SUV and Ford is ready with the Mustang Mach-E and an electric F-150. Guidehouse Insights auto analyst Sam Abuelsamid said the Big Three are expected to have 100 new electric vehicle offerings in the next five years and 300 worldwide. This will change manufacturing considering it takes far fewer parts to make an electric vehicle.
Honda, General Motors sign deal to work on vehicles together
DETROIT General Motors and Honda say they have signed a deal to explore sharing vehicle underpinnings and propulsion systems in North America. The companies say planning discussions on jointly-designed vehicles will start immediately and include vehicles powered by both electricity and internal combustion engines. Honda and GM say in a statement Thursday that they'll also cooperate on purchasing, research and connected services. In April the companies announced they would jointly develop two electric vehicles for Honda based on GM's global electric vehicle platform. The alliance would be governed by a joint committee of senior executives from both companies, the statement said.
GM, Honda partners to develop electric vehicles, automotive technology
Auto analyst David Cole called the agreement coopetition, which auto companies work together to save money. Thats needed now more than ever, and with the Honda Motor Company getting involved, that should tell how important coopetition is. The agreement wasnt completely out of the blue as the two companies agreed to work on next-generation electric vehicles in April. RELATED: May Mobility expanding in Ann Arbor; highlights leadership in autonomous vehicle technologyThe companies will share common vehicle platforms -- electrified and internal combustion propulsion -- meaning some vehicles will be GM underneath Honda exteriors. All of the automakers know eventually electrification, autonomous vehicles and connectivity will be the way of life, but thats far off in the future, Krebs said.
Ford cutting 1,400 US salaried jobs with retirement offers
DEARBORN, Mich. Ford Motor Company is looking to cut its North American workforce by 10% with more than 1,000 jobs on the chopping block. However, information technology workers and those responsible for rolling out new vehicles will not be affected. Ford has been working for several years to become more profitable and now the company sees it needs to make cuts to its most profitable corner to keep it profitable. The company intends to reduce salaried or white collar headcount by 1,400, using those retirement eligible by the end of this year. These layoffs and this restructuring are not in response to the current economic conditions, Brinley said.
Aluminum tariffs could impact Michigan manufacturing
Its the latest development in a new trade feud sparked by President Donald Trumps decision to reimpose aluminum duties on the U.S. ally. Trade groups believe the decision to reimpose the aluminum duties puts Michigan manufacturing at a disadvantage. Trump announced hes renewing tariffs on imported metal -- 10% on aluminum and 25% on steel. The decision has riled trade groups including those that represent major automakers who warned the White House the move would put American manufacturing at a disadvantage. Kildee disagreesThats not a policy, Kildee said.
GM posts $806m loss in 2020 second quarter
READ: Plant closings send GM to 2Q loss, but signs of improvementIn the second quarter of the year -- during the depths of the pandemic -- GM reported it lost $806 million and spun through billions of dollars in cash. GM looked at it as a glass half-full proposition -- When you have the unprecedented problem of a month in the second quarter with no production or sales around the globe, there is only one way to go: up. But its not going to be totally smooth sailing.There remains uncertainty with COVID-19, particularly in states where GM has assembly plants. GM has plants in Fort Wayne, Indiana where they build trucks and the Corvette plant in Kentucky, Krebs said. GM announced another positive step toward normalcy theyre going to end the 20% salary deferrals many employees took and pay it back at 6% interest.
Why the startling drop in auto sales may not be as bad as it looks
DETROIT Two thirds of the Big Three have released their second quarter sales numbers and they are not good. GMs year-over-year-sales were down 34%, selling nearly 500,00 vehicles; and it was even worse for FCA with its second quarter sales falling 39%, selling 367,000 vehicles. Analysts expected numbers to drop amid COVID-19, but not this much. GM sold 17 million vehicles in 2019 and is excepted to be closer to 13 million in 2020. Autotrader analyst Michelle Krebs said fleet sales should pick up to make for a good year.
Checking in with Metro Detroit auto plants 3 weeks after reopening
WARREN, Mich. Three weeks ago, the Big Three automakers in Metro Detroit -- Ford, General Motors and Fiat Chrysler -- reopened their parts and assembly plants. Auto workers are trying to tread carefully and avoid spreading COVID-19. The Warren Truck Plant continues working two shifts per day, and the new protocols have caused many changes. While everyone is trying to get their feet under them, the industry as a whole appears to be ready for a comeback. Meanwhile, for car and truck buyers, the shutdown caused inventory shortages, so dealers are doing what they can to deal with that issues.
Coronavirus in Michigan: Heres where we stand as of Monday morning
Father Tim Pelc told Buzzfeed News that he wanted to find a way to safely continue the tradition of blessing Easter baskets amid the coronavirus (COVID-19) pandemic. The number of confirmed cases of the coronavirus (COVID-19) in Michigan has risen to 51,142 as of Sunday, including 4,891 deaths, state officials report. How easily the virus spreadsHow easily a virus spreads from person-to-person can vary. Some viruses are highly contagious (spread easily), like measles, while other viruses do not spread as easily. Prevention and TreatmentThere is currently no vaccine to prevent coronavirus disease 2019 (COVID-19).
New safety precautions in place as The Big Three reopen plants today
WARREN, Mich. After nearly two months, the Big Three will restart production Monday and thousands of line workers will be back on the job. It wont be business as usual -- GM, Ford and FCA have implemented new safety procedures to limit the possibility of COVID-19 exposure. READ: President Trump to visit Ford plant in Ypsilanti ThursdayExtensive safety protocols are being used at every plant. The UAW will continue to do everything we can to protect the health and safety of all members as plants reopen. We will continue to be vigilant in protecting the health and safety of our members, their families and their communities.
Metro Detroits Big Three automakers restart production after being shut down for months
DETROIT Metro Detroits Big Three automakers -- General Motors, Ford and Fiat Chrysler -- have restarted production after being shut down for nearly two months because of the coronavirus (COVID-19). FCA officials showed Local 4 the work being done inside the Sterling Heights Assembly Plant to mitigate the spread of the virus. Local 4 spoke with current and retired workers to see if they feel safe going back to work. Thats what Im worried about.Ford is using technology to keep workers safe, having them wear watches that vibrate when they get too close to each other. Ford CEO Jim Hackett said the last couple of months have convinced him a reopening can be done safely.
Local 4 News at Noon -- May 18, 2020
Published: May 18, 2020, 11:26 am Updated: May 18, 2020, 12:36 pmDETROIT Heres what you missed on Local 4 News at Noon (watch the episode above).Big Three automakers return to workThe Big Three automakers have restarted production after being shut down for nearly two months due to the coronavirus (COVID-19).
How first day of reopening went for Ford, GM, FCA autoworkers in Metro Detroit
DETROIT Thousands of Metro Detroit autoworkers were back on the job Monday as Ford, General Motors and Fiat Chrysler assembly plants started rolling again. At the Warren Truck Assembly Plant, UAW line workers were pleasantly surprised. It fogs your glasses up, but were going to be alright.It was safe, said Moses Brooks, of UAW Local 600. Arnett Weatherspoon, of UAW Local 140, said the first day went smoothly at the Warren Truck Plant, but he still has concerns. The second shift workers at the Ford F-150 plant were also in line getting ready for their shift.
Big 3 restart production today in Michigan with new safety measures
DEARBORN, Mich. After nearly two months, the Big Three will restart production Monday and thousands of line workers will be back on the job. It wont be business as usual -- GM, Ford and FCA have implemented new safety procedures to limit the possibility of COVID-19 exposure. The Big Three of the automotive industry will cautiously restart production Monday. The UAW will continue to do everything we can to protect the health and safety of all members as plants reopen. We will continue to be vigilant in protecting the health and safety of our members, their families and their communities.
Metro Detroit autoworkers return to work Monday with safety measures in place
Safety measures will be in place including social distancing practices, frequent disinfections and heath screenings. The Big Three have all been preparing for the restart of factories by testing safety protocols in the plants that have remained in operation to produce personal protection equipment and ventilators. Inside the General Motors Warren Transmission plant United Auto Workers and GM volunteers churned out face masks for hospitals all over the state. Where our coronavirus safety protocols have been in place we have not seen a confirmed case of community spread in our facilities, said General Motors CEO, Mary Barra. Workers will also work from opposite ends of a vehicle instead of being inches apart to stay socially distant.
Ford announces COVID-19 testing for employees just ahead of reopening in Michigan
DEARBORN, Mich. – Ford Motor Company announced Saturday that it will test symptomatic employees for COVID-19 in southeastern Michigan to help prevent the spread of the coronavirus (COVID-19) as employees return to work. May 16, 2020: Michigan coronavirus (COVID-19) cases up to 50,504; Death toll now at 4,880Ford officials say that contracts have been signed with Beaumont Health to “quickly test hourly and salaried employees with suspected symptoms of COVID-19." “Fast and accurate testing is a key tool in the effort to help stop the spread of COVID-19,” said Dr. Walter Talamonti, Ford Medical Director. “These contracts will allow us to test employees with suspected symptoms and have results back within 24 hours. Ford is also implementing this testing process for employees in Kentucky, Missouri and Illinois.
Mahindra’s Auburn Hills plant gets ready to restart vehicle assembly
AUBURN HILLS, Mich. – Mahindra and Mahindra Limited’s plant in Auburn Hills never fully shut down. The switch to making PPE has helped the manufacturer get ready to resume normal operations Monday. “The crew was highly excited to start back up," Clarence Bringe said, "We want to start producing. 120 employees will undergo a temperature check Monday before heading into their own zone inside the building and stay there. The company said they have also factored in the ability to handle any stress for employees coming back.
Mahindra’s Auburn Hills plant gets ready to restart vehicle assembly
Mahindra’s Auburn Hills plant gets ready to restart vehicle assemblyPublished: May 13, 2020, 5:45 pmMahindra and Mahindra Limited’s plant in Auburn Hills never fully shut down. Like many automakers, its workers switched over to make PPE.
More Americans return to work; concerns grow of a second virus wave
The auto sector accounts for 6% of U.S. economic output and employs more than 835,000 Americans. In Ohio, another highly industrial state, the vast majority of retail shops can start serving customers on Tuesday. Nearly all of the 50 states have begun loosening restrictions on daily business and social life under growing economic pressure. Trump and officials from his administration scheduled a 4 p.m. (2000 GMT) news briefing on Monday to discuss testing. Trumps valet and Vice President Mike Pences press secretary both tested positive for the coronavirus last week.feeds.reuters.com
Michigan factories begin humming again as U.S. lockdowns ease
Michigan has counted more than 4,500 deaths related to COVID-19, the respiratory illness caused by the coronavirus, ranking fourth among the 50 U.S. states. Rural parts of New York will begin to emerge from the statewide lockdown first. The pandemic has put more Americans out of work than any time since the Great Depression of the 1930s. Highlighting the risk of contracting the virus is a growing number of cases among those close to top U.S. officials. A member of Vice President Mike Pences staff has tested positive for the coronavirus as has a White House valet.feeds.reuters.com
Michigan distilleries are now making hand sanitizer to help fight the coronavirus
Hand sanitizer has been hard to come by as panicked customers empty store stocks and douchebag opportunists hoard them and sell them at a markup.So far, Michigan companies like Ann Arbor Distilling Co. Griffin Claw , and Bier Distillery have all starting offering bottles of hand sanitizer for free to their customers. From local politics and culture to national news that hits close to home, Metro Times has been keeping Detroit informed for years. Its never been more important to support local news sources. If quality journalism is important to you, please consider a donation to Metro Times. Every reader contribution is valuable and so appreciated, and goes directly to support our coverage of critical issues and neighborhood culture.metrotimes.com
General Motors, Ford and Fiat Chrysler to temporarily close all US factories due to the coronavirus
Ford said it plans to close its factories in the U.S., Canada and Mexico after Thursday evening and through March 30. Detroit's Big Three automakers plan to temporarily close all U.S. factories as the coronavirus sweeps across the country. General Motors said it's closing all North American factories at least until March 30 and will evaluate the situation on a weekly basis after that. Fiat Chrysler said it will cease operations at its plants across North America "progressively from today through the end of March." General Motors has 11 factories, followed by Ford's eight factories and Fiat Chrysler's six.cnbc.com
Detroit's Big Three automakers are looking to a battery-powered future, but each is forging its own path
A General Motors Co. Chevrolet Volt electric vehicle on display at the Seoul Motor Show in Goyang, South Korea, on Thursday, March 28, 2019. DETROIT After years of skepticism about the potential demand for electric vehicles and their long-term profitability the domestic auto manufacturers have increasingly come to accept that battery power will underlie the industry's long-term future. For its part, the second-largest of the Detroit Big Three plans to invest $11.5 billion in its own electrification program. Together, Detroit's Big Three intend to spend tens of billions dollars on battery-cars over the coming decade. "We're very heavily biased towards EVs," long-range models, in particular, with hybrids and plug-in hybrids set to phase out of its line-up, he said.cnbc.com
Drug companies settle ahead of opioid crisis trial
Copyright 2019 CNN(CNN) - The "Big Three" U.S. drug distributors and a major drugmaker have reached a $260 million deal to settle a lawsuit ahead of a federal trial over the opioid crisis. Drugmaker Teva is to contribute $20 million in cash and $20 million worth of suboxone, a drug that treats opioid addiction, AP reported. Six drug companies accused in thousands of lawsuits over their role in the nation's opioid epidemic had been slated for a high-profile trial Monday. They included the three pharmaceutical distribution companies, a smaller distributor called Henry Schein Medical, generic drug company Teva Pharmaceuticals and pharmacy chain Walgreens, according to court documents. Failed talks Friday lasted more than 10 hours and took place between the four distribution companies' CEOs, attorneys general from Tennessee, North Carolina, Pennsylvania and Texas, and lawyers representing over 2,000 state, local and Native American tribal governments.
10 years later: A look back on the automotive bankruptcy
DETROIT - The unthinkable happened 10 years ago when Chrysler and General Motors tumbled into bankruptcy -- a fate that awaited Detroit a few years later. A little over a month later, General Motors, one of the world's most powerful companies, filed for bankruptcy June 1, 2009. He even worked at BMW in the early 1970s as executive vice president of global sales and marketing. Had Chrysler and General Motors fallen into collapse, it would have been devestating for Metro Detroit. Daniel Howes, with The Detroit News, believes the quick bankruptcy of the automakers paved the way for the city of Detroit's bankruptcy in 2013 -- the largest municipal bankruptcy in history.