Wages for starting workers, including a $1.21 cost-of-living allowance fold-in, will jump 22 per cent as of Sept. 25, rising to $29.67 from $24.26 previously. For workers already at the top-end of the pay grid, wages will increase 13 per cent, to $42.39 from $37.33. Pay for workers at all levels of the wage grid …
Unifor deal with Ford has 22% raise, defined benefits, added engine output Read More »
A Vancouver-based miner advancing a nickel project in central British Columbia has signed a non-binding development deal with the battery joint venture of Toyota Motor Co. and Panasonic Corp. FPX Nickel Corp. and Prime Planet Energy & Solutions inked a memorandum of understanding that could open the door to future investment and supply deals in …
Vancouver miner signs agreement with Toyota, Panasonic joint venture Read More »
Fain said Ford had increased its offers for profit-sharing payouts and job security, though he added that the two sides “still have serious issues to work through.” “Ford is working diligently with the UAW to reach a deal that rewards our workforce and enables Ford to invest in a vibrant and growing future,” the company …
UAW strike: 38 GM, Stellantis parts distribution centres to walk out Friday Read More »
But as Ford and GM shore up their electric-vehicle battery supply chains with joint-venture materials plants in Quebec, and Stellantis and new entrant Volkswagen build battery-cell plants in southwestern Ontario, this year’s bargaining talks will cast a long shadow. Unifor hasn’t minced words about having eyes to unionize each of those plants. “They should be …
Unifor is bargaining today to win over workers of tomorrow Read More »
OTTAWA — Canada and Japan signed a new battery supply-chain agreement in Ottawa Thursday, as Canada seeks to expand its position in the battery industry and Japan seeks to secure access to lucrative American EV subsidies for its automakers. Industry Minister Francois-Philippe Champagne was coy about what kind of Canadian subsidies could follow to lure …
Canada, Japan pledge more co operation on battery supply chains, AI tech Read More »
Linamar Corp. has agreed to purchase a “substantial portion” of Michigan-based supplier Mobex Global’s American assets, as the Canadian parts company builds out its newly formed structures group. The Guelph, Ont.-based supplier will pay US $70 million in cash for a series of U.S. manufacturing plants that produce chassis and suspension modules and components, including …
Linamar buys ‘substantial portion’ of Mobex Global’s American assets Read More »
Automotive News Canada Toronto Bureau Chief David Kennedy breaks down everything we know about the tentative deal between Unifor and Ford Motor Co. of Canada. And, he tells us what comes next. Source link
Steven Tufts, an associate professor at York University, said he believes Payne wouldn’t risk recommending an agreement unless Ford made a substantive offer. “I think the wage increases are going to be significant in that deal,” he said. “Payne probably made some inroads on the investments in EV transition … and would be able to …
One of only two women at the helm of a car company in Canada, Goodman joined Ford in 1996 as an intern on the finance team. She worked her way up the ranks, serving in several departments including parts and service and sales and marketing before being appointed the top job in February 2021. Lead …
Ford’s Bev Goodman: Women in auto need to ‘take risks’ and ‘stay true to their values’ Read More »
But that aid has only gone so far, leaving suppliers, particularly Tier 2 and Tier 3 companies that generally don’t have the same level of profit margins or customer diversity as larger Tier 1 companies, in a fragile financial position. “The cherry on top of the cake for suppliers has been inflation and not getting …
Suppliers urge financial concessions amid UAW strike Read More »
