Tag: Farley, James D Jr (1962- )

Automakers Delay Electric Vehicle Spending as Demand Slows

Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.

Battle Over Electric Vehicles Is Central to Auto Strike

Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.

U.A.W. Starts Strike Small, but Repercussions Could Prove Far-Reaching

The union targeted three factories: one run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.

UAW Standoff Poses Risk for Biden’s Electric Vehicle Commitment

A looming auto industry strike could test the president’s commitment to making electric vehicles a source of well-paying union jobs.

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.