Detroit Three's South Korean partners are reportedly getting nervous because of substantial wage increases the UAW demands for U.S. battery plant workers.
The United Auto Workers strikes that started more than a month ago have been a major disruption for Detroit's Big Three automakers. Logistics issues and costs aside – GM revealed on its Q3 2023 earnings call this week that every week of strikes costs it $200 million – the strikes also risk hurting Detroit Three's agreements with major South Korean battery makers.
General Motors has also announced a battery plant with Samsung SDI in New Carlisle, Indiana. Construction on the $3 billion facility is estimated to start next year; when complete, it will have 1,700 employees. Ford and SK On have two mega battery plants under construction in Glendale, Kentucky as part of the BlueOval SK joint venture and Stanton, Tennessee , as part of the BlueOval City joint venture; the latter site will also build electric trucks.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
UAW Demands May Jeopardize Detroit And Korea's $28B Battery PlantsDetroit Three's South Korean partners are reportedly getting nervous because of substantial wage increases the UAW demands for U.S. battery plant workers.
Weiterlesen »
UAW reaches tentative deal with Ford on new contract amid historic strike with Detroit automakersAs of Wednesday night, a tentative agreement has been reached between Ford and UAW workers.
Weiterlesen »
UAW reaches deal with Ford, a breakthrough toward ending strikes against Detroit automakersThe United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly…
Weiterlesen »
UAW expands strike against GM, walking out of Texas SUV plantThe United Auto Workers (UAW) union struck a General Motors (GM.N) assembly plant in Texas on Tuesday that builds the U.S. automaker's profitable full-size sport utility vehicles, in another significant expansion of the strike.
Weiterlesen »
5,000 UAW workers go on strike at General Motors' Arlington Assembly PlantThe United Auto Workers union has called for 5,000 members at General Motors' Arlington Assembly Plant in Texas to go on strike.
Weiterlesen »
5,000 union workers at Arlington GM factory walk out as UAW escalates strikeThe United Auto Workers union added the highly profitable General Motors plant to its strike as 5,000 workers walk out in Arlington, Texas.
Weiterlesen »