The world car industry appears to have identified defence business. Jaguar Land Rover and General Motors are expected to do battle for an estimated £900m Ministry of defence contract that will lead to British armed forces being supplied with thousands of new 4×4 vehicles. The deal marks the biggest replacing of military vehicles in generations […]
China’s Car Market Signals a Deeper Economic Shift
China’s auto industry is in for a rude shock. The falling sales of traditional vehicles in the world’s largest auto market may indicate far broader economic shifts rather than just a cyclical slump as new energy vehicle sales soar. The newest forecast from China Passenger Car Association put a total of 1.52 million retail sales […]
UAW’s Recent Momentum: A Look at Key Labor Actions and Victories
It is no exaggeration to say the United Auto Workers (UAW) is having a busy season: Organizing workers; filing grievances; bargaining expired contracts; running campaigns for a new age of American work in factories, at home and overseas; and venturing into the service industry. The past week highlights an organization both securing present members and […]
Watchdog Accuses UAW President of Misconduct Amid Union Victories
The United Auto Workers are having a busy day after years of rebuilding the union, securing deals, standing up to corporations, and fighting for their members. But the auto workers’ union is having a moment. UAW president Shawn Fain is facing accusations of reprisal and abuse of the union funds, and a union watchdog is […]
Hertz Stock Tumbles as Financial Pressures Mount
Hertz Global Holdings is encountering one of the most challenging phases in the company’s recent history as a confluence of financial pressures impacts the firm. Once a dominant force in the global vehicle rental market, Hertz is now having to contend with a combination of factors that have led to a substantial sell-off in the […]
UAW Strike at Michigan GM Supplier Disrupts Key Axle Production
The North American auto supply chain is in disarray after almost 1,000 United Auto Workers (UAW) went on strike against a major supplier of General Motors. The work stoppage began at 12:01 A.M. on Monday, June 1 at the Dauch Corporation, also known as American Axle, in Three Rivers, Michigan. The plant produces vital parts […]
GM’s New Power Play: Building the Future of Energy
Faster processors, cleverer AI, and ever more sophisticated digital devices are often the hallmarks of the tech industry. But as these incredible innovations develop there is a problem that is growing louder: the need for electricity. The rapid growth of AI and the rise of data centers throughout the U.S. has made the availability of […]
Tesla’s Q2 Report: A Bold Bet on an AI-Powered Future
We all tune into every Tesla earnings call knowing the company is something far bigger than a standard automobile maker. Investors, analysts and tech geeks pore through the report trying not to just learn how many vehicles the company was able to ship or how much it was able to earn, but where Tesla is […]
A Guide to the Grandest Superyachts of Tech Billionaires
Yachts and how technology’s biggest fortunes have changed the game of mega-yacht ownership the world of superyachts: among the most private sanctuaries of extravagance, a domain in which phenomenal sums of money have been used to construct sailing monuments to engineering, design and pleasure. But for many of the wealthiest technology billionaires on Earth, purchasing […]
An Inside Look at Boeing’s Prototype 737 MAX 10 Jet
The aircraft are increasingly expected to carry more passengers, to burn less fuel, and to cut operating costs while at the same time remaining as reliable as ever. The need to balance these factors forces aircraft makers to continuously update their existing models and, along the way, to innovate their technologies to increase the performance […]