Bloomberg
The Inflation Story Is Benign, David Kelly Says
David Kelly, JPMorgan Asset Management chief global strategist, says the inflation story is benign and the Federal Reserve's dot plot will be a little more cautious. He's on "Bloomberg Surveillance" reacting to the report that showed US...
Bloomberg
Musk vs. Newsom Is a Political Battle, Ives Says
Dan Ives, senior equities analyst at Wedbush Securities talks about California Governor Gavin Newsom excluding Tesla's from a proposed consumer rebate program. Musk calls the proposal "insane." Ives is on "Bloomberg Surveillance."
Bloomberg
Tesla Budgets $7 Billion for Capital Spending
Tesla Inc. increased its forecast for capital expenditures again and is now budgeting at least $7 billion for this year. Bloomberg's Ed Ludlow reports on "Bloomberg The Open."
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Bloomberg
UAW Expands Strike to Very Profitable GM Plant
The United Auto Workers expanded its strike on Detroit's big three automakers. 5,000 members at GM's Arlington assembly plant in Texas have walked off the job. Bloomberg's David Welch reports.
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Bloomberg
UAW's Fain: We Have Cards Left to Play
"We've got cards left to play and they've got money left to spend," said Shawn Fain, United Auto Workers president. He says automaker have made better offers, but there's more to be won.
Bloomberg
Workers on the March
The United Auto Workers has expanded its strike and the actors are still marching. We dive into why these strikes might be different than ones experienced in the past.
Bloomberg
UAW Expands Strike Against Ford, GM
The United Auto Workers is expanding its strike against General Motors Co. and Ford Motor Co. to more assembly plants, but the union will spare Jeep SUV maker Stellantis NV from additional walkouts after a last minute breakthrough. UAW...
Bloomberg
UAW Now Aims for 30% Pay Raise for Members
The United Auto Workers union wants to emerge from its strike against Detroit's three major automakers with at least a 30% pay raise, according to people familiar with the matter. Bloomberg's Craig Trudell reports from Detroit.
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Bloomberg
UAW Expands Strikes Against GM, Stellantis Plants
The United Auto Workers union is expanding the strike against General Motors and Stellantis NV. UAW President Shawn Fain is targeting 38 more facilities. No more strikes were ordered at Ford. Fain spoke during a Facebook livestream...
Bloomberg
EU Tries to Gain Support for Green Deal Plan
Executive Vice-President for the EU Green Deal Maros Sefcovic says the EU will use all available tech to reduce greenhouse gas emissions. He speaks with Matt Miller and Amber Kanwar on "Bloomberg Markets."
Bloomberg
GM CEO Calls on UAW to Get Back to Negotiating Table
General Motors CEO and Chair Mary Barra says the UAW strike "didn't need to happen." She says she's been directly involved in negotiations and that the company is well prepared to keep running during this work stoppage. She speaks to...
Bloomberg
A UAW Strike Is Likely, Says Edmunds
Jessica Caldwell, Edmunds head of insights, expects a strike by the United Auto Workers. But she's not sure if workers will walk out everywhere. She's on "Bloomberg Markets."
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Bloomberg
Ford Gives UAW Workers a Raise Ahead of Strike Deadline
Ford Motor Company gave 8,000 workers represented by the United Auto Workers a raise, as the union threatens to walk out on the big three automakers. Bloomberg's Annmarie Hordern and Kailey Leinz report.
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Bloomberg
Stevens: UAW Asking for Fair Contract
US Representative for Michigan (D) Haley Stevens, discusses what to expect form what could be a major strike from the United Auto Workers. Haley Stevens speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
Mercedes 'Baby' G-Wagon Will Be Worth the Wait, CEO Says
Mercedes-Benz Group AG plans to build a smaller version of the G-Wagon, the boxy offroader beloved by celebrities including Arnold Schwarzenegger and Kim Kardashian, Chief Executive Officer Ola Källenius said Sunday. He spoke with...
Bloomberg
BYD Plans Affordable Price in Europe EV Market
BYD Managing Director for Europe Michael Shu said the company plans to enter the EV market in Europe with affordable price and are planning to announce a factory location in Europe by the end of this year. He spoke with Bloomberg's...
Bloomberg
Cummins CEO Projects Some Softening for Rest of Year
Jennifer Rumsey, Cummins CEO and board chair, says supply constraints prevented the truck engine maker from meeting demand in the first half of the year. But she is also projecting softening in some markets for the rest of 2023. She...
Bloomberg
Ford Pro CEO on Demand, EV Adoption, Pricing
Ted Cannis, Ford Pro CEO, says there is a three year backlog of demand for their trucks. He also talks about the pace of EV adoption and increased production of the F-150 Lightning electric truck. He speaks on "Bloomberg Technology."
Bloomberg
UAW Wants a 45% Raise, 32-Hour Work Week
The United Auto Workers union has declared "war" on the Detroit Three automakers. It is demanding a 46% raise, a return to traditional pensions and a 32-hour work week. The union is now threatening to strike against the Detroit Three...
Bloomberg
Vietnamese EV Maker VinFast Debuts on Nasdaq
VinFast Auto Ltd. soared in its first day of trading as the Vietnamese electric-vehicle maker looks to raise its profile and take on established car manufacturers. CEO Le Thuy speaks on "Bloomberg Technology."
Bloomberg
Rivian Won't Need to Raise More Capital Until 2025: CEO
Rivian Automotive Inc.'s leader doesn't see a need to raise capital before the end of 2025, even as the electric-vehicle maker pursues some costly projects. CEO RJ Scaringe says the EV maker is focused on ramping up production and...
Bloomberg
GM Says the $130,000 Electric Escalade Sets New Standard
General Motors Co. on Wednesday unveiled plans to build an all-electric Cadillac Escalade. The EscaladeIQ will cost $130,000 and include a 55-inch digital dashboard and a range of 450 miles. Bloomberg's Matt Miller speaks with General...
Bloomberg
Volkswagen CFO on Xpeng Deal, Derisking
Volkswagen CFO Arno Antlitz discusses VW's $700 million investment in Chinese EV maker Xpeng Inc., which gives VW a 4.99% stake in Xpeng and an observer board seat. He speaks with Oliver Crook on Bloomberg TV.
Bloomberg
Stellantis to Focus on Cost Cuts to Protect Profits: CEO
Stellantis Chief Executive Officer Carlos Tavares discusses plans to slash costs by securing better deals with suppliers and making products more affordable for consumers. He speaks with Dani Burger on "Bloomberg Surveillance Early...