Blog tagged as Auto Industry

The big winners from the UAW "targeted" strike of three auto plants may be other automakers whose supplies will not be restricted by the work stoppage, according to a pair of Michigan economists.

A strike on Detroit’s Big Three automakers by 143,000 United Auto Workers (UAW) members could result in a total economic loss of more than $5 billion in 10 days, according to a new analysis released by consulting firm Anderson Economic Group (AEG).

(Source: MIRS.news, Published 03/01/2023) The $1.338 billion supplemental bill highlighted by nearly $800 million to prepare 1,800 acres near Marshall for a Ford battery plant, among likely other things, passed the House Wednesday, 59-49, after a full day of closed-door negotiations.

Following concern from several House members that the recently announced deal to build a Ford electric vehicle battery park in Marshall included involvement with a Chinese company . . .

(Source: MIRS.news, Published 02/13/2023)  (ROMULUS) – Ford Motor Company is dropping $3.5 billion to create an electric vehicle battery park in Marshall, which Michigan's economic development corporation is hoping to back with a $210 million state-funded attraction award. 

 

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