Cadillac Optiq EV to start at $54,000

Cadillac Optiq EV to start at ,000

2025 Cadillac Optiq Cadillac DETROIT – General Motors’ new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday. The compact-sized crossover is set to be Cadillac’s fourth electric vehicle when it goes on sale later this year. It follows the $59,000 Lyriq midsize crossover, the $300,000-plus bespoke Celestiq sedan and … Read more

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images DETROIT – The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama — … Read more

GM CEO Mary Barra has no plans to retire

GM CEO Mary Barra has no plans to retire

General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on “the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM’s workforce” in Washington, U.S., December 13, 2023.  Elizabeth Frantz | Reuters DETROIT – General Motors CEO … Read more

How Toyota Tacoma took on Ford F-150 and U.S. truck market

How Toyota Tacoma took on Ford F-150 and U.S. truck market

The American pickup truck market is dominated by domestic brands, primarily Ford, Chevrolet, GMC and Ram. U.S. brands benefit from a loyal buyer base, and a 25% tax on imported trucks. But the Toyota Tacoma shows how a foreign automaker can find and control a niche within that market. The top-selling full-size pickup line is … Read more

Mercedes-Benz workers in Alabama vote against union

Mercedes-Benz workers in Alabama vote against union

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The … Read more

Dodge, Ram boss Tim Kuniskis to retire from Stellantis

Dodge, Ram boss Tim Kuniskis to retire from Stellantis

Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020. Screenshot DETROIT – Stellantis‘ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced … Read more

GM can regain market share in China after 20-year low, exec says

GM can regain market share in China after 20-year low, exec says

GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors believes it can regain market share in China after hitting a roughly 20-year low last year amid changing market … Read more

The Best Things To Do And See In Detroit

The Best Things To Do And See In Detroit

Take a Break is your ultimate guide to the perfect trips to recharge, rediscover yourself and your relationships, and reengage with the world. We’ll cover shopping stops, great bars, restaurants worth your money, photo opportunities, memorable experiences and other important details you need before you book. Thousands of football fans and sports professionals descended on … Read more

Ford (F) earnings Q1 2024

Ford (F) earnings Q1 2024

The Ford display at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC DETROIT — Ford Motor is announcing first-quarter earnings after the markets close Wednesday. Here is what Wall Street expects, based on average analyst estimates compiled by LSEG: Earnings per share: 42 cents adjusted Automotive revenue: $40.10 billion … Read more

UAW VW organizing drive: What investors should know

UAW VW organizing drive: What investors should know

Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT – The United Auto Workers notched a big win this weekend. Volkswagen workers in Chattanooga, Tennessee, overwhelmingly voted in favor of joining the UAW – marking the Detroit … Read more