News of New York

UAW Files Unfair Labor Charges Against VW, Honda, Hyundai – Key Developments
12 December 2023
3766
Revving Up Change The UAW has taken a resolute stance against anti-union campaigns, recently filing charges against Honda, Hyundai, and Volkswagen. In an empowering video, Fain addressed challenges and discussed the union's strategic appro...
BMW to invest $1.7bn in electric vehicles production in the US
19 October 2022
3756
Electric cars from BMW Germany's BMW is investing $1.7bn in electric car production in the US. The head of the company, Oliver Zipse, told Reuters on Wednesday. He said the company plans to produce at least six models of BMW electric...
Rivian is aiming for a market valuation of $53bn
2 November 2021
4099
IPO from Rivian Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
Toyota and Honda halt U.S. production
18 March 2021
3623
Production shutdown Toyota Motor (NYSE:TM), Honda (T:7267) Motor (NYSE:HMC) and Samsung (KS:005930) Electronics (LON:0593xq) said production problems as bad weather, blocked ports and the ongoing impact of Covid-19...
Nikkei Index declined
13 February 2021
3583
Japanese markets Japan's Nikkei stock index fell on Friday, interrupting a four-day rally that lifted its value to a high of more than 30 years. The Nikkei closed down 0.14 per cent to 29,520.07 points. The broader Topix index added 0.16% to 1,933....
Honda electric crossovers to be produced by General Motors
7 January 2021
3146
General Motors will be a strategic partner Honda Motor has been forced to make compromises in a changing car market. At the same time as Toyota, it has embarked on a course to create cars that use hydrogen fuel cells, and of the "purebred" electric ...
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