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All posts tagged "Motorvehiclesandparts"

NYC taxpayers buy $87,000 luxury SUV for Probation Department commissioner

NYC taxpayers buy $87,000 luxury SUV for Probation Department commissioner

New York City’s Probation Department has cut programs, its workers gripe about low pay, and city government is in a budget crunch — but Probation Commissioner Juanita Holmes has a new, luxurious city-funded car. Holmes travels in an $86,590 Ford Expedition Platinum, purchased in October from a dealership in Rockland County, city records show. The Ford’s standard features include heated leather-trimmed “multi-contour” seats that vibrate with “Active Motion massage,” a high-end Bang & Olufsen stereo system with 22 speakers and a “panoramic” sun roof, the car maker says. After the city bought the......
US Steel closes Illinois furnace 'indefinitely,' warns 1,000 of layoffs

US Steel closes Illinois furnace 'indefinitely,' warns 1,000 of layoffs

GRANITE CITY, Illinois — The last operating blast furnace at U.S. Steel's plant in Granite City will remain idled indefinitely, the company said Tuesday, extending a closure first billed as temporary. The company on Tuesday also notified 600 additional employees that they might lose their jobs. U.S. Steel spokeswoman Amanda Malkowski, however, said the company only expected to lay off a portion of those. And a local union official said he thought the plant would keep operating with the same number of workers, at least for now. The fate of the Granite City plant has been in question since last ......
UAW-Ford agreement secures enough votes to ratify

UAW-Ford agreement secures enough votes to ratify

Enough "yes" votes have been cast by United Auto Workers members employed at Ford Motor Co. to ratify a new four-and-a-half-year deal, according to an analysis by The Detroit News, the third and final approval needed to wrap up negotiations with the Detroit Three. At Ford, more than 68% of votes cast among hourly workers at reporting locals supported the tentative agreement, according to the UAW's vote tracker, after results from Dearborn Truck Plant were added on Friday. That leaves 12,643 votes between the yes and no totals, more than the total hourly employees at the remaining locals yet to......
Econometer: Has enthusiasm for electric cars waned?

Econometer: Has enthusiasm for electric cars waned?

General Motors, Ford and Tesla have all warned of an electric vehicle slowdown because they say demand might drop. Auto makers mainly say higher borrowing costs are the issue but some car dealerships say EVs are sitting longer than regular cars. They say consumers are concerned about the range of EVs and lack of infrastructure. In a Cox Automotive survey, 53 percent of consumers said EVs will eventually replace internal combustion engines, but less than a third of dealers agreed. Several dealerships interviewed by CNBC said EVs were taking longer to sell and there was a supply and demand imbal......
The UAW wanted to win back what it lost. Here's how the Ford deal measures up

The UAW wanted to win back what it lost. Here's how the Ford deal measures up

The United Auto Workers' tentative agreement with Ford Motor Co. marks significant steps toward the Detroit-based union's stated goal of winning back concessions made during the automotive bankruptcies and Great Recession. The record deal that would last through April 2028 would secure double-digit wage increases, hike starting pay, reintroduce cost-of-living adjustments, shorten the timeline to the top wage, and boost retirement contributions. The union's Ford council is expected to vote on the agreement on Sunday to send to the roughly 56,000 members employed by the Blue Oval for ratificatio......
GM passes new offer to UAW, bumps wage increases to 25% compounded

GM passes new offer to UAW, bumps wage increases to 25% compounded

DETROIT — General Motors Co. has passed another offer to the United Auto Workers that would give its hourly employees a 23% general wage increase for a 25% compounded boost over the life of the pact, the company said Friday. GM previously had a 20% not-compounded wage increase on the table. The automaker's previous offer brought workers to top wages after four years. GM said it now has a "faster path to max wages" but didn't specify the new timeline. Under the new offer, a GM hourly employee represented by the UAW would make $40.39 per hour by the end of the agreement, up from $32.32 currently......