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Truck Production

All articles tagged with #truck production

"Ford CEO Reflects on Impact of UAW Strike at Kentucky Truck Plant"
business1 year ago

"Ford CEO Reflects on Impact of UAW Strike at Kentucky Truck Plant"

Ford CEO Jim Farley acknowledged that the UAW strike on the Kentucky truck plant last year has significantly impacted the relationship between the automaker and the union, emphasizing the business impact and the need for careful consideration of their manufacturing footprint amid the EV transition. Despite the challenges, Ford remains committed to U.S. investment and sees potential for improvement in manufacturing efficiency.

UAW and Stellantis Strike Deal: Investments, Reopening Plant, and New RAM Midsize Truck
business2 years ago

UAW and Stellantis Strike Deal: Investments, Reopening Plant, and New RAM Midsize Truck

The United Auto Workers (UAW) union announced that Stellantis, the parent company of Chrysler, plans to invest $18.9 billion in the U.S. by April 2028, including $1.5 billion for new midsize pickup truck production at an idled factory in Belvidere, Illinois. The tentative labor agreement, which still needs to be ratified, includes $8.1 billion in product commitments secured by the UAW from Stellantis. Other planned investments include $1.5 billion each for a Dodge-Jeep plant in Detroit and a Jeep complex in Ohio, $1.4 billion for a Ram plant in Sterling Heights, Michigan, and $600 million for Stellantis' Warren Truck plant in suburban Detroit. The agreement also includes a car-lease program for employees, significant pay increases, bonuses, and enhanced benefits for autoworkers.

GM to boost production with $632M investment in Indiana truck plant.
business2 years ago

GM to boost production with $632M investment in Indiana truck plant.

General Motors plans to invest $632 million in its Fort Wayne Assembly Plant for the production of the next-generation internal combustion engine light-duty trucks. The investment will support new conveyors, tooling, and equipment in the plant's body and general assembly areas. The Fort Wayne plant builds the Chevrolet Silverado 1500 and GMC Sierra 1500. This investment is part of GM's commitment to its loyal truck customers and the hard work of the dedicated Fort Wayne team.

GM invests $1 billion in Flint plants for truck production boost.
business2 years ago

GM invests $1 billion in Flint plants for truck production boost.

General Motors plans to invest over $1 billion to re-tool two manufacturing sites in Flint, Michigan to prepare for a new generation of its internal combustion engine heavy-duty trucks. The investment includes $579 million at its Flint Engine Operations to produce a sixth generation of its small block V-8 combustion engine and $103.5 million to upgrade a separate Flint facility that supports truck production. GM's trucks compete with Ford's Super Duty and other heavy-duty versions of Ram pickup. The United Auto Workers union has made investment to secure jobs a top priority.